Soybeans up 20¢ | Wednesday, August 16, 2023

December corn ended the day up 6¢.

November soybeans closed up 20¢.

CBOT wheat is up a penny. KC wheat is up 6¢. Minneapolis wheat is up 5¢.

October livestock closed mixed. Live cattle are down 63¢. Lean hogs are up 8¢. Feeder cattle are down 68¢.

Crude oil is down $1.60.

S&P 500 futures are down 9 points. Dow futures are down 22 points.

Published: 1:59 p.m. CDT

Corn up 6¢ at midday: 12:06 p.m.

December corn is currently up 6¢ while November soybeans are up 19¢.

CBOT wheat is up 2¢. KC wheat is up 7¢. Minneapolis wheat is up 7¢.

October live cattle are down 23¢. October lean hogs are down 8¢. October feeder cattle are down 13¢.

Crude oil is down $1.09.

The U.S. Dollar Index September contract is up to 103.23.

S&P 500 futures are down 11 points. Dow futures are down 28 points.

Published: 12:06 p.m. CDT

Soybeans up 20¢: 9:19 a.m. CDT

December corn is currently up 6¢ while November soybeans are up 20¢.

CBOT wheat is up 6¢. KC wheat is up ¾ of a penny. Minneapolis wheat is up 7¢.

"Technically oversold market conditions, forecasts for extreme heat to move into the western Midwest and heightened tensions in the Black Sea region have contributed support for prices," says The Brock Report. "Soybean futures have also found support from Tuesday's strong [National Oilseed Processors Association] crush data."

Reuters reports Russia executed fresh attacks on Ukraine grain storage overnight.

October livestock are mixed with live cattle down 8¢, lean hogs down 40¢, and feeder cattle up 15¢.

Crude oil is down 20¢.

S&P 500 futures are up 4 points. Dow futures are up 118 points.

Milling wheat is up on the MATIF exchange while corn and No. 1 soybeans are down on the Dalian exchange. No. 2 soybeans are up.

Published: 9:19 a.m. CDT