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Ahead of 9 a.m. CT, September corn was down 6½¢ at $4.05¾ per bushel.
November soybeans were down 10¢ at $10.27 per bushel.
September wheat contracts were also lower. CBOT wheat was down 7¼¢ at $5.44¾ per bushel. KC wheat was down 8¼¢ at $5.41½. Minneapolis wheat was down 6¾¢ at $6.35.
“Grain and oilseed futures remained in retreat overnight, pressured by favorable Midwest weather and soil conditions, technical selling, and a lack of friendly demand news as traders start to brace for Monday’s key USDA reports,” said The Brock Report. On Monday USDA is expected to release the annual Acreage report and the June quarterly Grain Stocks report.
Ahead of 9 a.m. CT, August livestock were in the red. Live cattle were down 10¢ at $209.45 per hundredweight (cwt). Feeder cattle were down 20¢ at $302.05 per cwt. Lean hogs were down 35¢ at $110.60 per cwt.
August crude oil was up 54¢ at $64.91 per barrel.
The U.S. Dollar Index September contract was up to 97.72.
September S&P 500 futures were up 12 points. September Dow futures were down 40 points.
Published: 9:38 a.m. CT
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