Corn ends day down 9¢ | Tuesday, November 8, 2022
At the close, corn is down 9¢ while soybeans are down 3¢.
CBOT wheat is down 17¢. KC wheat is down 10¢. Minneapolis wheat is down 10¢.
Live cattle are down 10¢. Feeder cattle are down 8¢. Lean hogs are down $1.55.
At this hour, crude oil has fallen back below $90 a barrel.
The S&P 500 is up 10 points. The Dow is up 247 points.
Tomorrow the USDA World Agricultural Supply and Demand Estimates report comes out at 11 a.m. CT.
Prices turn lower at midday: 12:05 p.m.
At this hour, corn is down 5¢ and soybeans are down a penny.
CBOT wheat is down 10¢. KC wheat is down 4¢. Minneapolis wheat is down 3¢.
Live cattle are down 5¢. Feeder cattle are down 28¢. Lean hogs are down $2.
The U.S. Dollar Index is down to 109.4, the lowest it has been since mid-September.
The S&P 500 is up 46 points. The Dow is up 488 points.
Grain prices mixed at the open: 8:55 a.m.
Corn is down a penny this morning while soybeans are down 3¢.
CBOT wheat is up a penny. KC wheat is up 8¢. Minneapolis wheat is up 6¢.
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Live cattle are up 5¢. Feeder cattle are down 3¢. Lean hogs are down $1.08.
Crude oil is down 26¢ this morning to $92. Nick Tsiolis with Farmer's Keeper says ethanol bases are starting to increase with the recent gains in crude oil. He also says dried distillers grains (DDGs) are supporting western feedlots as "they're finding it impossible" to buy local grain.
The S&P 500 is down 2 points this morning. The Dow is up 77 points.