Soybeans up 13¢. Thursday, November 2, 2023
December corn is currently down slightly while January soybeans are up 13½¢.
CBOT wheat is up less than a penny. KC wheat is up 4¼¢. Minneapolis wheat is up 1¾¢.
This morning USDA released the weekly Export Sales report and the numbers are somewhat mixed.
- Corn is near the lower end of the expected range at 748,100 metric tons of net sales for 2023/2024.
- Soybean net sales were also within the expect range but on the lower end at 1,010,000 metric tons for 2023/2024.
- Wheat net sales came in below expectations at 275,600 metric tons for 2023/2024.
Live cattle are up 53¢. Lean hogs are up 63¢. Feeder cattle are up $2.40.
Crude oil is up 63¢.
S&P 500 futures are up 41 points. Dow futures are up 228 points.
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