:max_bytes(150000):strip_icc()/Markets-3-Soybeans-up-4-bdd86d7f9bdd4788aa5480f0fc19af94.jpeg "Soybeans Firm Ahead of USDA Data; Weak China Demand Caps Gains")
:max_bytes(150000):strip_icc()/100127689_beef-80af9325e74a4df98a7e34aec901401f.jpg "DOJ, USDA Investigating Meatpackers over Beef Prices")
:max_bytes(150000):strip_icc()/101052528_farm_field-3dd2a445c7c74ee8a5ab6c28ec6e866e.jpg "Estimates of 2024 ARC-CO and PLC Payments")
:max_bytes(150000):strip_icc()/Markets-1-Corn-field-dramatic-up-14-8b6b074fe6c744dbbdbc3fb4fe44a509.jpeg "Corn Ends the Day Higher")
December corn ended the day up 3¾¢ at $4.16¾ per bushel.
November soybeans closed unchanged at $10.06½ per bushel.
December CBOT wheat closed down 1½¢ at $4.98¾ per bushel. December KC wheat was down less than a penny at $4.88¼ per bushel. December Minneapolis wheat was down 2½¢ at $5.51.
“The National Oilseed Processor Association soybean crush for September was released today and came in above trade expectations,” said Karl Setzer, partner at Consus Ag Consulting. “September’s soybean crush totaled 197.86 million bushels, the fourth highest monthly total on record. This was a 4.2% increase from August and 11.6% higher than September 2024. Several plants came back online following annual maintenance in September, plus we have seen the addition of new crush facilities start up. Soybean oil stocks at the end of September dipped to a four-month low of 1.24 billion pounds. This was nearly equal to trade estimates and a 16.6% increase from a year ago.”
December live cattle ended the day up 28¢ at $246.78 per hundredweight (cwt). November feeder cattle closed down 65¢ at $380.68 per cwt. December lean hogs were up 45¢ at $83.60 per cwt.
Not long past 2:30 p.m. CT, December crude oil was down 19¢ at $58.08 per barrel.
The S&P 500 Index was up 30.37 points, and the Dow Jones Industrial Average was up 7.28 points.
Published: 2:57 p.m. CT
:max_bytes(150000):strip_icc()/101651813_farm_grain_bin_silo-e2193f5114804686bbea64c89dc0da76.jpg "Government Shutdown, Trade Wars Hit Farmers’ Bottom Line Hard")
:max_bytes(150000):strip_icc()/IMG_3557edit-2048x1361-50c5615e098c419ea9d860206b7a110c.jpg "‘Sky Is Done Falling,’ North Dakota Rancher Says of Dropping Cattle Prices")
:max_bytes(150000):strip_icc()/52513708671_2a6075fabe_o-fd1bf009dced4801b7f81702a5ed15e7.jpeg "Farm Bill Extension Included in Senate Bill to End Shutdown")