Markets Corn closes up 6¢ | Thursday, November 30, 2023 Corn, soy, and wheat weekly export sales exceed expectations. By Cassidy Walter Cassidy Walter Cassidy Walter joined Successful Farming in 2022 to cover commodity markets and agribusiness. Previously, she spent more than five years as the Communications Director for the Iowa Renewable Fuels Association, where her work supported Iowa biofuels producers and farmers. Successful Farming's Editorial Guidelines Updated on November 30, 2023 Close Photo: Alan Schein Photography March corn ended the day up 6¾¢. January soybeans closed down 4¢. CBOT wheat is up 13¼¢. KC wheat is up 9¾¢. Minneapolis wheat is up 4¼¢. Live cattle are down $1.65. Lean hogs are up $1.43. Feeder cattle are down $2.30. Crude oil is down $1.79. S&P 500 futures are down 3 points. Dow futures are up 367 points. Published: 2:20 p.m. CST. Corn up 6¢ at midday: 11:28 a.m. CST March corn is currently up 6¾¢. January soybeans are down 3½¢. CBOT wheat is up 7½¢. KC wheat is up 9¾¢. Minneapolis wheat is up 4¢. "Corn is trading higher today following good export sales and is also likely gaining support from short covering as the month comes to a close," says Grain Market Insider newsletter by Stewart-Peterson Inc. "Soybeans are trading lower today under pressure from both soybean meal and oil along with better rain chances in South America." The newsletter says "All three wheat classes are trading higher today with March gaining about 38¢ from the contract low that was put in early this week as funds short cover into the end of the month." Live cattle are down $1.68. Lean hogs are up $1.10. Feeder cattle are down $2.13. Crude oil is down $1.80. The U.S. Dollar Index March contract is up to 102.86. S&P 500 futures are down 8 points. Dow futures are up 272 points. Published: 11:28 a.m. CST Corn starts day up 2¢: 8:46 a.m. CST 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. Published: 8:46 a.m. CST Was this page helpful? Thanks for your feedback! Tell us why! Other Submit