News
Grain markets were closed overnight and are set to open at 8:30 a.m. CT. Outside markets are mixed, with crude oil favoring the upside and the U.S. dollar index near unchanged.
Congress on holiday break | U.S. railroad crossings at the Mexico border reopened
Traders expected a 0.5% decline in the Dec. 1 hog inventory.
Placements declined less than expected, while marketings fell more than anticipated.
The increase in beef stocks was about average during November.
Corn posted fractional gains, soybeans saw corrective buying and wheat rose for the second consecutive day. Cotton futures rose as well. Cattle chopped near unchanged, while hog futures saw steady buying.
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Markets and government offices will be closed on Monday, Washington mulls Houthi strike and German wheat production to fall...
Corn, soybeans and wheat each favored the upside overnight with each firming into the break, as each saw little volatility overnight.