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December corn is up 4½¢ this morning.
January soybeans are up 10¢.
December wheat contracts are also higher. CBOT wheat is up 3¾¢. KC wheat is up 3½¢. Minneapolis wheat is up 2¢.
Earlier this morning USDA announced export sales to multiple destinations:
- China is buying 132,000 metric tons of soybeans for the 2024/2025 marketing year.
- Mexico is buying 781,322 metric tons of corn — 715,800 metric tons for the 2024/2025 marketing year and 65,532 metric tons for the 2025/2026 marketing year.
- Unknown destinations are buying 198,000 metric tons of soybeans for the 2024/2025 marketing year.
- India is buying 30,000 metric tons of soybean oil for the 2024/2025 marketing year.
December live cattle are down 38¢. January feeder cattle are down 15¢. December lean hogs are up 50¢.
December crude oil is up $1.88.
The U.S. Dollar Index December contract is down to 103.79.
December S&P 500 futures are up 37 points. December Dow futures are up 309 points.
Published: 8:56 a.m. CT
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