Corn and wheat in the green. Thursday, October 5, 2023
December corn is currently up 1¾¢.
November soybeans are down 2½¢.
CBOT wheat is up 6½¢. KC wheat is up 11¼¢. Minneapolis wheat is up 11¾¢.
This morning USDA released the weekly Export Sales report. Corn, soybeans, and wheat export sales made between Sept. 22 and Sept. 28 for the 2023/2024 marketing year all fell within the expected range:
- Corn: Net sales of 1,816,000 metric tons
- Soybeans: Net sales of 808,500 metric tons
- Wheat: Net sales of 273,100 metric tons.
Live cattle are down $1.18 this morning. Lean hogs are up $1.90. Feeder cattle are down 45¢.
Crude oil is down $1.10.
S&P 500 futures are down 17 points. Dow futures are down 50 points.
Outside of the U.S., milling wheat is down on the MATIF trade. Corn and soybeans are up on the Dalian trade.
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