Just after 9:00 a.m. CT, July corn was unchanged at $4.44 per bushel.
July soybeans were down 1½¢ at $10.66¾ per bushel.
“The mixed tone of the market continued [Thursday] night with corn and soybeans favoring the upside and wheat showing moderate declines. Much of [Friday] morning’s trade is consolidation after a choppy week.” Karl Setzer, partner with Consus Ag Consulting, added not much has changed fundamentally, “Weather and geopolitical developments [are] primary factors in price discovery.”
The wheat markets were lower starting off the day. July CBOT wheat was down 1½¢ at $5.89 per bushel. September KC wheat dropped 2¾¢ at $5.83¾ per bushel. September Minneapolis wheat is down ¾¢ at $6.60¾ per bushel.
August live cattle were up 70¢ at $212.37 per hundredweight (cwt). August feeder cattle was $1.07 higher at $305.25 per cwt. August lean hogs fell 30¢ at $111.70 per cwt.
August crude oil was down 12¢ at $73.38 per barrel.
September S&P 500 futures were up 11 points. September Dow jumped 105 points.
The September U.S. Dollar Index was down 133 points.
