December closes at lowest price of the year | Thursday, November 2, 2023

December corn closed down 5¢ at $4.70 a bushel, the lowest price the December contract has closed at all year.

January soybeans closed up 13¾¢.

CBOT wheat is up 2½¢. KC wheat is up less than a penny. Minneapolis wheat is up 1¾¢.

Live cattle are up $1.05. Lean hogs are up $3.05. Feeder cattle are up $4.23.

Crude oil is up $2.08.

S&P 500 futures are up 77 points. Dow futures are up 512 points.

Published: 2:34 p.m. CDT

Soybeans slip at midday but still in the green: 11:23 a.m. CDT

December corn is currently down 1½¢.

January soybeans are up 10½¢, down from where they were this morning.

CBOT wheat is up 6¾¢. KC wheat is up 7½¢. Minneapolis wheat is up 3½¢.

"All three wheat products are trading higher today, but KC and Minneapolis wheat are still near their contract lows as poor export sales suppress prices," says Grain Market Insider newsletter by Stewart-Peterson Inc.

Live cattle are up 93¢. Lean hogs are up $2.88. Feeder cattle are up $3.35.

Crude oil is up $1.85.

The U.S. Dollar Index December contract is down to 106.08.

S&P 500 futures are up 59 points. Dow futures are up 349 points.

Published: 11:23 a.m. CDT

Soybeans up 13¢: 9:24 a.m. CDT

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.

Published: 9:24 a.m. CDT