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Grains mixed, livestock lower.
Wheat for Mar. was off 2.25 cents at 5.6225 a bushel; Mar. corn rose 3.75 cents at 3.8950 a bushel, Mar. oats gained 2.50 cents at $3.11 a bushel; while Jan. soybeans fell 5.75 cents at $9.2925 a bushel.
Grains mostly higher, livestock mixed.
Wheat for Mar. gained 6.25 cents at 5.6850 a bushel; Mar. corn was off .50 cent at 3.89 a bushel, Mar. oats was up 2 cents at $3.13 a bushel; while Jan. soybeans rose 3.75 cents at $9.33 a bushel.
Grains mixed, livestock mixed.
Wheat for Mar. rose 9.50 cents at 5.6225 a bushel; Mar. corn was off 1 cent at 3.8325 a bushel, Mar. oats was up 3 cents at $3.02 a bushel; while Jan. soybeans fell 4.50 cents at $9.3375 a bushel.
Grains higher, livestock higher.
Wheat for Mar. was up 2.25 cents at 5.6450 a bushel; Mar. corn rose 2.50 cents at 3.8575 a bushel, Mar. oats gained 6.50 cents at $3.0850 a bushel; while Jan. soybeans was up 1.25 cents at $9.35 a bushel.
Grains higher, livestock higher.
Wheat for Mar. was up 2.25 cents at 5.6450 a bushel; Mar. corn rose 2.50 cents at 3.8575 a bushel, Mar. oats gained 6.50 cents at $3.0850 a bushel; while Jan. soybeans was up 1.25 cents at $9.35 a bushel.
Harold (Brownie) Brown
Harold (Brownie) Brown, 90, passed away on April 13, 2009, in Moses Lake at LakeRidge Special Care Center.
Livestock are leading the ag markets lower Wednesday
News of a corn sale to Mexico seems to be supporting CBOT futures. The USDA’s daily reporting system indicated that U.S. firms had sold 196,000 tonnes of corn to Mexico for delivery next year. That news seemingly offset the weather and currency driven losses suffered in overnight action. March corn futures slipped 1.25 cents to $3.80/bushel late Wednesday morning, while July slid 1.75 to $3.95.
Tuesday's early meal reversal weighed on crop markets
Talk of slow harvesting is again boosting corn futures. Soybeans and meal led the crop markets higher overnight, but have set back from their highs. However, that has done little to discourage corn bulls, who reportedly were encouraged by the persistently slow harvest. December corn futures climbed 4.75 cents to $3.6775/bushel late Monday morning, while May added 4.0 to $3.895.
Ag markets ended the week in decidedly mixed fashion
Improved planting prospects depressed corn futures Friday. The grain and soy markets bounced Thursday night, but corn turned lower in Friday action. Talk of improved planting weather apparently triggered fresh selling, since farmers could get a great deal of grain planted during the prospective window expected next week. July corn tumbled 7.5 cents to $4.995/bushel at its Friday settlement, while December lost 5.5 cents to $4.94.
Surging U.S. dollar values weighed on ag markets Friday morning
The surging dollar may be undercutting commodities. The soy complex remained generally strong Friday morning, but that support couldn’t keep the grain markets from sliding. Prospects for good harvest may be weighing on corn but today’s big U.S. dollar jump is very likely depressing the commodity markets, particularly those with big export exposure. December corn futures slumped 3.25 cents to $3.7075/bushel late Friday morning, while May lost 4.0 to $3.9175.
Livestock led the ag markets lower Thursday
The Export Inspections data weighed on the crop markets. The prospects of huge fall supplies depressed the grain and soy complexes Wednesday night. The weekly USDA Export Sales report seemingly caused additional corn losses, since the results were near the lower end of forecast ranges. September corn slid 3.75 cents to $3.595/bushel late in Thursday’s pit session, while December slumped 3.0 to $3.7125.
Ag turned decidedly mixed Friday morning
Corn futures remained under pressure Friday morning. Prospects for a huge fall crop are apparently weighing upon corn prices again today, especially with Corn Belt rainfall now forecast for the next two weeks. The fact that nearby futures failed at their 10-day moving averages this week is probably exaggerating current selling. September corn slid 1.25 cents to $3.5575/bushel late Friday morning, while December lost 1.5 cents to $3.655.
Ag markets posted divergent moves Thursday
Crop futures extended Wednesday’s losses Thursday. Anticipation of a huge U.S. corn crop heightened Wednesday, thereby triggering a drop to fresh lows. The drop resumed today, despite early news of a sizeable corn sale to an unknown destination. December corn futures settled 5.5 cents lower at $3.465/bushel Thursday, while May dropped 5.5 to $3.6825.
Crop markets weak, livestock prices plunging on Thursday
The Export Inspections data is weighing on the crop markets. The prospects of huge fall supplies depressed the grain and soy complexes Wednesday night. Today’s early USDA Export Sales report caused additional corn losses, since the results were near the lower end of forecast ranges. September corn slid 5.25 cents to $3.58/bushel late Thursday morning, while December slumped 4.5 to $3.6975.
Ag markets seemed confused Thursday morning
Crop futures extended Wednesday’s losses this morning. Anticipation of a huge U.S. corn crop heightened Wednesday, thereby triggering a drop to fresh lows. The drop resumed today, despite early news of a sizeable corn sale to an unknown destination. December corn futures slumped 6.0 cents to $3.46 late Thursday morning, while May dropped 6.25 to $3.675.
Ag markets diverged Wednesday morning
Big ethanol production may be boosting corn futures. Corn futures bounced from fresh five-month lows yesterday and remained strong overnight. Bulls were probably pleased as well by the weekly EIA report stating last week’s ethanol production at a record high (due to rising gasoline prices). July corn gained 4.0 cents to $4.4275/bushel by late Wednesday morning, while December added 1.75 cents to $4.4125.
U.S. Cattlemen support new Interior Secretary
The United States Cattlemen’s Association will lend its full support to President-elect Donald Trump's nomination of Rep. Ryan Zinke to the position of Secretary of the Interior, according to USCA vice president Bert Paris.
CPOW topic: update on processing plant
RITZVILLE - An update on the progress of the new meat processing plant at Odessa is on top at the monthly general meeting of the Cattle Producers of Washington on July 13.
Grains mostly higher, livestock mixed.
\CHICAGO (AP) — Grain futures were mostly higher Friday in early trading on the Chicago Board of Trade.
Grains mostly lower, livestock lower.
\CHICAGO (AP) — Grain futures were mostly lower Thursday in early trading on the Chicago Board of Trade.