As of 9:14 a.m. CT, March corn was down 1¾¢ at $4.46¼ per bushel.
January soybeans were up less than a penny at $10.87¾ per bushel.
March CBOT wheat was down 5¢ at $5.29½ per bushel. March Kansas City wheat was down 2¾¢ at $5.24¼ per bushel. March Minneapolis wheat was unchanged at $5.76¼.
This morning, Cole Raisbeck, commodities broker with Kluis Commodity Advisors, noted: “In quiet markets, it becomes even more important to watch local basis and spreads, since those can provide opportunities. That’s what we’ll be keeping an eye on as we move through the rest of December.”
USDA announced several new export sales this morning:
- China is buying 136,000 metric tons of soybeans for the 2025/2026 marketing year.
- Unknown destinations are buying 119,000 metric tons of soybeans for the 2025/2026 marketing year.
- Unknown destinations are buying 212,000 metric tons of soybeans for the 2025/2026 marketing year.
- Poland is buying 120,000 metric tons of soybean cake and meal for the 2025/2026 marketing year.
As of 9:15 a.m. CT, January feeder cattle were up $1.98 at $337.48 per hundredweight (cwt). February live cattle were up 70¢ at $227.65 per cwt. As of 9:14 a.m. CT, February lean hogs were up 65¢ at $82.53 per cwt.
January crude oil was down 35¢ at $57.90 per barrel.
The U.S. Dollar Index December contract was down to 99.03.
As of 9:10 a.m. CT, the S&P 500 Index was up 1.51 points, and the Dow Jones Industrial Average was up 113.26 points.
Published: 9:47 a.m. CT
