Soybeans down 14¢ at midday. Wednesday, October 11, 2023
December corn is flat at midday.
November soybeans are down 14¢.
CBOT wheat is down 4¼¢. KC wheat is down 4¢. Minneapolis wheat is down 3¾¢.
Live cattle are up 30¢. Lean hogs are down 28¢. Feeder cattle are up 10¢.
Crude oil is down $2.48.
The U.S. Dollar Index December contract is down to 105.47.
S&P 500 futures are up less than 1 point. Dow futures are down 19 points.
Grains in the red: 9:04 a.m. CDT
December corn is currently down 1¼¢.
November soybeans are down 7¼¢.
CBOT wheat is down 3¾¢. KC wheat is down 4¢. Minneapolis wheat is down 1½¢.
This morning USDA announced China is purchasing 121,000 metric tons of soybeans for delivery during the 2023/2024 marketing year. USDA also says 213,000 metric tons of soybeans received in the reporting period are to be delivered to unknown destinations during the 2023/2024 marketing year.
Live cattle are up 30¢. Lean hogs are flat. Feeder cattle are up 43¢.
Crude oil is down $1.08.
S&P 500 futures are up 10 points. Dow futures are up 75 points.
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