Soybeans open above $15. Tuesday, December 27, 2022
This morning March soybeans are up 27¢ to $15.12. Corn is up 3¢ to $6.69.
CBOT wheat is down 4¢. KC wheat is down 4¢. Minneapolis wheat is down 2¢.
Live cattle are up 3¢. Lean hogs are up $1.53. Feeder cattle are down 28¢.
Nick Tsiolis, founder of Farmer’s Keeper, says soybeans are up on news of a disappointing rain forecast in Argentina. Naomi Blohm with Total Farm Marketing says Argentina will see more regular rainfall starting at the end of January through March as La Nina wanes.
USDA announced this morning that 177,500 tons of corn were bought by Japan.
The S&P 500 is down 26 points. The Dow is down 84 points.
Read also
Grain & Oilseed Quality 2025: From Weather Risk to Margin
Pakistan’s poultry industry hit by floods and corn crop losses
China’s soybean stockpiles continue to rise
Delayed corn harvest in Ukraine will contribute to price increases at the start of...
China slaughtered 183 mln pigs in the first half of the year, driving down prices
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon