Soybeans end day up 10¢. Friday, November 18, 2022

Source:  Successful Farming

Corn closed slightly up, by less than a penny. Soybeans ended the day up a dime.

CBOT wheat is down 5¢. KC wheat is down 4¢. Minneapolis wheat is down 4¢.

Live cattle are up 30¢. Lean hogs are down $1.13. Feeder cattle are up 25¢.

Crude oil regained some ground and is currently down $1.43.

The S&P 500 is down 2 points. The Dow is up 50 points.

Corn is up less than a penny while soybeans are up 6¢.

CBOT wheat is down 4¢. KC wheat is down 9¢. Minneapolis wheat is down 3¢.

Live cattle are up 55¢. Lean hogs are down $1.00. Feeder cattle are up 55¢.

Crude oil is down $3.39 at this hour.

The U.S. Dollar Index is currently sitting at 106.8.

The S&P 500 is down 2 points. The Dow is up 48 points.

This morning soybeans are up 10¢ and corn is up 2¢.

CBOT wheat is up a penny. KC wheat is down 3¢. Minneapolis wheat is up less than a penny.

Nick Tsiolis with Farmer’s Keeper says with the Black Sea grain trade agreement renewed, focus is shifting to wheat crop condition.

Live cattle are down 5¢. Lean hogs are down $1.10. Feeder cattle are down 48¢.

Bob Linneman with Kluis Commodity Advisors says many of the grain charts hit or came close to hitting major support levels this week, and if the levels don’t hold there could be a “quick slide lower” next week.

He also says weather patterns across Argentina are going to be key in the coming weeks as planting is behind and farmers are waiting for rain before planting.

Wheat is up on the MATIF trade. Corn and soybeans are down on the Dalian trade.

The S&P 500 is up 12 points. The Dow is up 143 points.

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