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Grains end day mixed | Tuesday, October 25, 2022

Soybeans closed at the same spot as midday, up 12¢. 

Corn closed up 3¢. 

CBOT wheat is down 6¢ to end the day. KC wheat is down 5¢. Minneapolis wheat is down 5¢ as well. 

Live cattle are down 83¢. Feeder cattle are down $1.23. Lean hogs are up 53¢. 

The S&P 500 is continuing to climb, currently up 55 points. The Dow is up 299 points. 

Soybeans continue to climb, wheat trends down: 11: 06 a.m. 

At this hour January soybeans are up 12¢ to $13.93. 

Corn is up 2¢. 

CBOT wheat is down 6¢. KC wheat is down 8¢. Minneapolis wheat is down 9¢. 

Live cattle are down 80¢. Feeder cattle are down 63¢. Lean hogs are up 78¢.  

The S&P 500 is up 48 points. The Dow is up 266 points. 

There continues to be an influx of speculation concerning the Black Sea trade agreement. The deal expires Nov. 19 and it remains unclear if it will be renewed, as Russia has expressed frustrations with the deal. Reuters reports grain traders are watching exports out of Ukraine closely ahead of the Nov. 19 deadline.  

Soybeans up 7¢ this morning: 9:22 a.m. 

After taking a tumble yesterday, soybeans are up 7¢ this morning to $13.88. 

Corn is up 2¢ to $6.83. 

Wheat is mixed. CBOT wheat is up slightly. KC wheat is down 3¢. Minneapolis wheat is down 7¢. 

Naomi Blohm with Total Farm Marketing says soybean crush margins are near a record high and cash is even higher, supporting soybean futures. 

Live cattle are down 20¢ this morning. Feeder cattle are flat. Lean hogs are down 30¢. 

Crude oil is up 73¢. 

The S&P 500 is up 31 points. The Dow is up 102 points. 

Outside the U.S., wheat is down on the MATIF trade. On the Dalian trade, November corn and No. 1 soybeans are up. No. 2 soybeans are down. 

Commodity Weather Group says rains in the Midwest and Delta over the next two days will help wheat establishment. Showers next week will slow harvest but help the Mississippi River level. 

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