Prices start day down. Wednesday, November 9, 2022
Corn is down 3¢ this morning.
Soybeans are down 3¢ as well.
CBOT wheat is down 7¢. KC wheat is down 6¢. Minneapolis wheat is down 6¢.
Live cattle are down 48¢. Lean hogs are down 3¢. Feeder cattle are down 55¢.
The USDA World Agricultural Supply and Demand Estimates report comes out today. Nick Tsiolis with Farmer’s Keeper says the trade isn’t expecting any major changes from last month’s report, but Monday’s “sluggish exports could show through this report more than the trade is expecting.”
Read also
Bangladesh signs landmark deal to buy $1.25 bln worth of US soybeans
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Global market is experiencing an acute shortage of beef
India loses leadership among importers of Ukrainian sunflower oil
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