Grains start day in the red. Thursday, September 7, 2023
December corn is currently down 1¼¢.
November soybeans are down 9¼¢.
CBOT wheat is down 2¾¢. KC wheat is down 5¢. Minneapolis wheat is up by less than a penny.
“It seems as though the market is holding its breath ahead of Tuesdays WASDE [World Agricultural Supply and Demand Estimates] and crop production reports as it continues to trade sideway,” says Jeremy McCann, account manager with Farmer’s Keeper. “The trade consensus is production and exports will likely decline again, [it’s] just a matter of how much.”
Livestock are mixed. Live cattle are down 25¢. Lean hogs are up $1.10. Feeder cattle are up 43¢.
Crude oil is down 15¢.
S&P 500 futures are down 27 points. Dow futures are up 22 points.
Read also
Forecasts of precipitation in the US and Argentina and improved weather in the Bla...
AmSpec – Partner of BLACK SEA GRAIN.KYIV-2026
Ukrainian edible oil exports are moving from sea to land channels
South African wheat farmers faced a tough season, but no supply shortages loom
NIBULON Receives New Funds from DEG Impulse gGmbH to Expand Maritime Demining in ...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon