Grains Mixed Ahead of WASDE. Friday, Jan. 10, 2025
March corn is up a penny this morning.
March soybeans are up 8¢.
March wheat contracts are lower this morning. CBOT wheat is down 2½¢. KC wheat is down 1¾¢. Minneapolis wheat is down less than a penny.
This morning, USDA released the weekly U.S. Export Sales report, covering the week that ended Jan. 2. The net export sales totals for the 2024/2025 marketing year that USDA reported for corn, soybeans, and wheat were all marketing-year lows.
Later today, USDA is expected to release several more reports, including the monthly World Agricultural Supply and Demand Estimates (WASDE) report, the quarterly Grain Stocks report, the annual Winter Wheat and Canola Seedings report, and the Crop Production 2024 Summary.
February live cattle are up 55¢ this morning. March feeder cattle are up $1.60. February lean hogs are up 68¢.
February crude oil is up $3.24.
The U.S. Dollar Index March contract is up to 109.44.
March S&P 500 futures are down 72 points. March Dow futures are down 391 points.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
Read also
Black Sea & Danube: Crop and Export Forecast
Ukraine to expand sunflower and rapeseed area while soybeans decline — FAS USDA
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Indonesia deploys African weevils to boost palm oil output
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