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.
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