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
Fertilizer exports through the Strait of Hormuz have almost recovered to pre-war l...
Ukraine Wheat 2026/27: Export Opportunities Despite Price Pressure
Stable Acreage and Strong Demand Support Romania Sunseed Market
EU to simplify labeling rules for chemicals and fertilizers
Low profitability may curb sales of new crop wheat in Ukraine
Write to us
Our manager will contact you soon