Corn opens in the green. Monday, September 11, 2023

The corn and soybean markets are mostly higher in quiet trade with wheat futures lower. The weather was very close to the forecasts from last Friday with cool dry conditions over the weekend and mostly dry conditions with seasonal temps this week. Harvest is beginning in many areas this week and will accelerate next week.

At this time corn is up 1¢ per bushel, soybeans are up 6¢ and wheat futures are 6 to 10¢ lower.

Early corn harvest results continue to show a lot of tip back, and small kernels.

Around the world in the stock markets: The stock market in China is up 0.7% and in Japan the stock market is down 0.3%. European stocks are up 0.4%.

In the outside markets, the U.S. Dollar Index is down 0.46 points at 104.62, crude oil started lower and is now up 32¢ per barrel at $87.83, futures are up 16 points at 4,477 Dow futures are up 112 points at 34,720.

Livestock futures are also higher today. November feeder cattle have turned higher – last trade futures are up 27¢, October live cattle are up 30¢, October lean hogs are up $1.30.

Tags: feeder cattle, lean hogs, corn, soybeans, wheat, futures, live cattle