Grains Start Day Higher. Tuesday, December 3, 2024
March corn is up less than a penny this morning.
January soybeans are up 3¼¢.
March wheat contracts are also higher. CBOT wheat is up 4¼¢. KC wheat is up 5¾¢. Minneapolis wheat is up 6¾¢.
Naomi Blohm, senior market advisor at Total Farm Marketing, said grains have a tendency to rally in December but that rally can be limited when ending stocks are perceived to be sufficient.
February live cattle are up 83¢ this morning. January feeder cattle are up $2. February lean hogs are up 88¢.
January crude oil is up $1.39.
The U.S. Dollar Index December contract is down to 106.33.
December S&P 500 futures are down 9 points. December Dow futures are down 115 points.
Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
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