Prices end day mixed | Monday, August 8, 2022
At the close, September corn futures are still down a penny while December corn futures are down 2¢. September soybeans are up 6¢ while November soybeans are down 7¢.
CBOT wheat is up 6¢ and KC wheat is up a penny. Minneapolis wheat is down 6¢.
Livestock finished the day up. Live cattle is up 35¢. Feeder cattle is up $2.23. Lean hogs are up $1.90.
The forecast for the next few days is projecting milder temperatures for the eastern Corn Belt while the west is going to be hot and dry.
Grain prices mixed at midday: 11:06 a.m.
September corn futures are down a penny, and December corn futures are down 4¢. September soybean futures are down a penny while November soybean futures are down 8¢.
CBOT wheat is up 4¢. KC wheat is up a penny. Minneapolis wheat is down 3¢.
Livestock are all up. Live cattle are up 80¢. Feeder cattle are up 2.60. Lean hogs are up $1.88.
Grain prices trending down: 8:52 a.m.
After closing down in the overnight trade, grain prices continue downward this morning.
September corn is down 5¢, and December corn is down 5¢. September soybeans are up 2¢, but November soybeans are down a penny. CBOT wheat is down 8¢. KC wheat is down 9¢. Minneapolis wheat is down 5¢.
Experts at Kluis Commodity Advisors say they expect today’s USDA Crop Progress report to show corn and soybean ratings steady to 1% lower.
Livestock is trading up this morning. Lean hogs are up by 30¢. Feeder cattle are up by 73¢. Live cattle are up 25¢.
Outside the U.S., September milling wheat in the European MATIF trade is down. Corn and soybeans in the Dalian exchange out of China are both up.