Soybeans slip at the close, up 19¢ | Tuesday, December 6, 2022
Corn gave back its modest gains and closed the day down 3¢.
Soybeans also gave back some gain to close up 19¢.
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CBOT wheat closed down 8¢. KC wheat is down 9¢. Minneapolis wheat is down 6¢.
Livestock was hit today and ended the day in the red.
Live cattle are down $2.33. Lean hogs are down $3.70. Feeder cattle are down $2.28.
Crude oil is also in the red, down $2.57 right now.
The U.S. Dollar Index is up to 105.2
Soybeans continue to climb, up 28¢ at midday: 11:11 a.m.
Corn is up 2¢ at midday and soybeans are up 28¢.
CBOT wheat is down 3¢. KC wheat is down 7¢. Minneapolis wheat is down 3¢.
Live cattle are down $1.85. Lean hogs are down $2.08. Feeder cattle are down $3.
The S&P 500 is down 45 points. The Dow is down down 254 points.
Soybeans up 24¢ at the open: 8:58 a.m.
This morning, corn is up 2¢ while soybeans are up 24¢.
CBOT wheat is trading down 2¢. KC wheat is down 6¢. Minneapolis wheat is up a penny.
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Live cattle are down $1.13. Lean hogs are down $1.18. Feeder cattle are down $1.60.
Naomi Blohm with Total Farm Marketing says soybeans have been fairing better than corn and wheat because of export sales. This morning USDA announced another soybean sale of 264,000 metric tons to China.
Crude oil is down 24¢ this morning.
The U.S. Dollar Index is sitting at 104.7.
Outside of the U.S., milling wheat is down on the MATIF trade. Corn is down on the Dalian exchange while NO. 1 soybeans are up.
The S&P 500 is down 21 points. The Dow is down 118 points.