Tridge summary
Just after 9:00 a.m. CT, December corn was down ½¢ at $4.22½ per bushel. January soybeans were up 4½¢ at $10.54½ per bushel. “The lack of news has pressured the market recently, but this is also providing support, as traders are running out of reasons to sell the market as well.” Karl Setzer, partner with
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Consus Ag Consulting said, “Later harvested yields are confirming crop stress with several analysts continuing to walk back production. Trade still needs to see official cuts from the USDA and that does not appear to be coming anytime soon.” December CBOT wheat was up 1½¢ at $5.05¼ per bushel. December KC wheat jumped 2¾¢ at $4.91¼ per bushel. December Minneapolis wheat increased 1¾¢ at $5.33¾ per bushel. December live cattle were up $1.82 at $241.65 per hundredweight (cwt). January feeder cattle were 37¢ lower at $360.65 per cwt. December lean hogs were down 20¢ at $82.20 per cwt. At 9:19 a.m. CT, December crude oil was up $3.12 at $61.62 per barrel. The S&P 500 Index was up 23.62 points, and the Dow Jones Industrial Average increased 35.91 points. The December U.S. Dollar Index was up 828 points. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a ...
Source: UkrAgroConsult
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