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.”
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Happy Independence Day, Ukraine!
The world’s breadbaskets are facing weather-related and logistical challenges
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