News
Big weekly gains in cash corn and winter wheat prices.
Choice boxed beef continues the strong year-end price rally.
Concerns with surging Covid cases in China triggered risk aversion in markets overnight, including grain and soy futures.
Soybeans rally to close above $15, corn hits seven-week high amid weather, supply concerns; wheat also higher.
Chinese hospitals strain under surge in COVID cases, ING predicts $100+ crude in 2023 and insurers work to manage Black Sea risk...
Ahead of the Open Soybeans drive back above $15.00 overnight on weather concerns and China hopes. Corn weaker, wheat mixed.
Natural gas prices in Europe at pre-war levels; output in top U.S. gas-producing basin drops by record amount
Soybeans built on Tuesday’s gains overnight but failed to get near yesterday’s highs. Corn and wheat futures held in tight trading ranges in thin trade.
Corn futures jump to seven-week high amid China optimism, soybeans fade from rally above $15, wheat mixed.
Corn export inspections for week ended Dec. 22 were up on the week and short of the high end of expectations, while soybeans landed on the upper end of trade expectations, but trailed the previous week by 210,237 MT.
Corn and soybean futures are firmer as wheat futures retrace early gains. Lean hogs are off to a strong start to the week with cattle futures mixed.
Russia, Ukraine make conflicting comments on ending war
Grain, livestock markets re-open following long holiday weekend as traders eye S. America weather.
Short-term trend turns up for several markets, including corn, soyoil, SRW wheat and live cattle.
No overnight grain trade. Grain and livestock markets will reopen at 8:30 a.m. CT following the extended holiday weekend.
China Covid-19 update | Chinese army swarms near Taiwan | Drone attack in Russia
Corn ends at three-week high, soybeans firmer ahead of holiday weekend; wheat gains on concern over extreme Plains cold.
The Dec. 1 hog herd fell 1.8% from year-ago and was 210,000 head less than the average pre-report estimate implied.
The Dec. 1 feedlot inventory fell 2.6% from year-ago, the third straight month with a year-over-year decline.
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