Content ID

336378

Soybeans end day up 10¢ | Friday, November 18, 2022

Corn closed slightly up, by less than a penny. Soybeans ended the day up a dime. 

CBOT wheat is down 5¢. KC wheat is down 4¢. Minneapolis wheat is down 4¢. 

Live cattle are up 30¢. Lean hogs are down $1.13. Feeder cattle are up 25¢. 

Crude oil regained some ground and is currently down $1.43. 

The S&P 500 is down 2 points. The Dow is up 50 points. 

Prices mixed at midday: 11:24 a.m. 

Corn is up less than a penny while soybeans are up 6¢. 

CBOT wheat is down 4¢. KC wheat is down 9¢. Minneapolis wheat is down 3¢. 

Live cattle are up 55¢. Lean hogs are down $1.00. Feeder cattle are up 55¢. 

Crude oil is down $3.39 at this hour. 

The U.S. Dollar Index is currently sitting at 106.8. 

The S&P 500 is down 2 points. The Dow is up 48 points. 

Grains starting the day up: 9:56 a.m.

This morning soybeans are up 10¢ and corn is up 2¢. 

CBOT wheat is up a penny. KC wheat is down 3¢. Minneapolis wheat is up less than a penny. 

Nick Tsiolis with Farmer's Keeper says with the Black Sea grain trade agreement renewed, focus is shifting to wheat crop condition. 

Live cattle are down 5¢. Lean hogs are down $1.10. Feeder cattle are down 48¢. 

Bob Linneman with Kluis Commodity Advisors says many of the grain charts hit or came close to hitting major support levels this week, and if the levels don't hold there could be a "quick slide lower" next week. 

He also says weather patterns across Argentina are going to be key in the coming weeks as planting is behind and farmers are waiting for rain before planting. 

Wheat is up on the MATIF trade. Corn and soybeans are down on the Dalian trade. 

The S&P 500 is up 12 points. The Dow is up 143 points. 

Read more about
Loading...

Tip of the Day

Secure cords neatly with cow ID ankle straps

Cow ID ankle straps secure cords Cow ankle straps will hold or secure in place my rolled up ropes and drop cords. They are easy to put on, and, unlike cable ties, they’re... read more

Talk in Marketing

Most Recent Poll

Will you have enough on-farm storage for harvest?

I just want to see the responses
47% (23 votes)
Yes
35% (17 votes)
No, it’s going to be a bin-buster
8% (4 votes)
Maybe, depending on yields
6% (3 votes)
No, I am looking at new bins or temporary storage
4% (2 votes)
Total votes: 49
Thank you for voting.