Corn starts day up 2¢. Thursday, November 30, 2023
March corn is currently up 2¢.
January soybeans are down 4¼¢.
CBOT wheat is up a penny. KC wheat is up 1½¢. Minneapolis wheat is up 2½¢.
This morning USDA released the weekly Export Sales report. Marketing year 2023/2024 corn, soybeans, and wheat sales for the week ending Nov. 23 all exceeded expectations.
- Corn: Net sales of 1,927,800 metric tons (a marketing year high)
- Soybeans: Net sales of 1,895,300 metric tons (up 97% from the previous week)
- Wheat: Net sales of 622,800 metric tons
USDA also announced a new export sale this morning. China is buying 134,000 metric tons of soybeans for delivery during the 2023/2024 marketing year.
Live cattle are down 50¢. Lean hogs are up 50¢. Feeder cattle are down 83¢.
Crude oil is up 95¢.
S&P 500 futures are up 4 points. Dow futures are up 172 points.
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