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 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.
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