Soybeans start day up 11¢. Monday, December 5, 2022
Corn is up 2¢ this morning while soybeans are up 11¢.
CBOT wheat is down a penny. KC wheat is down 2¢. Minneapolis wheat is up less than a penny.
Live cattle are down 8¢. Lean hogs are down 45¢. Feeder cattle are up $1.03.
Al Kluis with Kluis Commodity Advisors says protests in China last week resulted in some local government changes to COVID policy, meaning less lockdowns and more travel. Kluis says this was viewed as good for energy markets.
Crude oil is up currently up $2.18.
The U.S. Dollar Index is currently at 104.2.
Kluis says keep an eye on weather projections for Brazil and Argentina this week to see if the forecasted rain arrives.
The S&P 500 is down 31 points. The Dow is down 248 points.
Read also
Turkey fills 20% of corn import quota
South America’s agricultural sector enters a phase of structural transformation am...
Bangladesh imports 20 mln liters of soybean oil from Indonesia to stabilize the ma...
Ethiopia becomes Africa’s largest wheat producer
Black Sea wheat pushes Australian grain out of Southeast Asian markets
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon