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.
Read also
Kazakhstan’s grain exports lose profitability amid tax changes and stronger tenge
Philippines set to increase coconut oil exports as production recovers
Wheat imports into Kyrgyzstan have surged 17-fold
Missed BLACK SEA GRAIN? Get Full Access to Conference Insights!
US soybean oil prices rise to highest level since 2022 after biofuel targets updated
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon