Corn down slightly Thursday morning. Thursday, June 8, 2023
Corn is currently down 1⁄4 of a penny.
Soybeans are up 2¢.
CBOT wheat is up 5¢. KC wheat is up 6¢. Minneapolis wheat is up 13¢.
The June World Agricultural Supply and Demand Estimates (WASDE) report comes out from USDA tomorrow at 11 a.m. CDT.
Bob Linneman, commodities broker with Kluis Commodity Advisors, says traders are expecting little change in this report and it is more likely to see big changes in July.
Live cattle are down 15¢. Lean hogs are down 73¢. Feeder cattle are up 85¢.
Crude oil is down 48¢.
S&P 500 futures are up 5 points. Dow futures are up 47 points.
Milling wheat is up on the European MATIF trade. Corn and No. 2 soybeans are down on the Chinese Dalian trade while No. 1 soybeans are up.
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