Soybeans up 13¢. Thursday, November 2, 2023

Source:  Successful Farming

December corn is currently down slightly while January soybeans are up 13½¢.

CBOT wheat is up less than a penny. KC wheat is up 4¼¢. Minneapolis wheat is up 1¾¢.

This morning USDA released the weekly Export Sales report and the numbers are somewhat mixed.

  • Corn is near the lower end of the expected range at 748,100 metric tons of net sales for 2023/2024.
  • Soybean net sales were also within the expect range but on the lower end at 1,010,000 metric tons for 2023/2024.
  • Wheat net sales came in below expectations at 275,600 metric tons for 2023/2024.

Live cattle are up 53¢. Lean hogs are up 63¢. Feeder cattle are up $2.40.

Crude oil is up 63¢.

S&P 500 futures are up 41 points. Dow futures are up 228 points.

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