Grains In the Red | Tuesday, December 17, 2024

March corn is down less than a penny this morning.

March soybeans are down 6¼¢.

March wheat contracts are also lower. CBOT wheat is down 2½¢. KC wheat is down 3¾¢. Minneapolis wheat is down 3¼¢.

This morning USDA announced new corn and soybean export sales:

• Mexico is buying 170,400 metric tons of corn for the 2024/2025 marketing year.
• Spain is buying 187,000 metric tons of soybeans for the 2024/2025 marketing year.
• Unknown destinations are buying 132,000 metric tons of soybeans for the 2024/2025 marketing year.

February live cattle are up 20¢ this morning. January feeder cattle are up 3¢. February lean hogs are up 33¢.

February crude oil is down $1.06.

The U.S. Dollar Index March contract is up to 106.59.

December S&P 500 futures are down 30 points. December Dow futures are down 280 points.

Published: 9 a.m. CT