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Home » Grain prices start week in the red | Tuesday, January 3, 2023

Grain prices start week in the red | Tuesday, January 3, 2023

January 3, 20231 Min Read Markets
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Corn is currently down a penny to $6.77. 

Soybeans are down slightly to $15.24. 

CBOT wheat is down 4¢. KC wheat is down 2¢. Minneapolis wheat is down 6¢. 

Naomi Blohm with Total Farm Marketing says grain prices tend to have a price peak sometime between mid-January and mid-February.

She says a lot will depend on the January USDA World Agricultural Supply and Demand Estimates (WASDE) report and South American weather. 

Live cattle are up 10¢. Lean hogs are down 63¢. Feeder cattle are down 43¢. 

Crude oil is down $1.40. 

On the European MATIF trade wheat is down. On the Chinese Dalian trade corn is up and No. 1 soybeans are down. 

The S&P 500 is up 31 points. The Dow is up 154 points.  

 

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