Crops Analysis | December 4, 2023

Livestock Analysis | December 4, 2023

Market Snapshot | December 4, 2023

Weekly corn inspections during week ended Nov. 30 totaled 1.16 MMT, exceeding the pre-report range by nearly 260,000 MT, while wheat and soybean inspections each fell short of respective pre-report ranges.

Corn and soybean futures are mildly weaker to start the week with wheat mixed. Cattle futures are sharply lower with lean hogs mixed…

China buys 440,00 MT U.S. SRW wheat | USDA announces other daily export sales

Short-term trend turns bearish for soymeal.

Corn and soybeans favored the downside overnight, with soybeans leading the way lower. Both went into the break well off session lows. Wheat traded higher, continuing to show relative strength.

Corn and soybeans traded lower through the overnight session, while wheat firmed this morning after earlier losses

Friday: Employment & USDA reports | COP28 summit | Supplemental spending/border talks