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Just before 9:30 a.m. CT, December corn was up 1¼¢ at $4.31 per bushel.
January soybeans were down 3¢ at $11.27 per bushel.
“Soybeans are seeing light profit taking [Tuesday] morning which is not surprising after the rally we had to start the week,” said Karl Setzer, partner with Consus Ag Consulting. “More interest is starting to be placed on the WASDE report scheduled for release on Friday. Nearly all analysts are forecasting a cut to U.S. production, but how much is the question.”
December CBOT wheat was down 1¢ at $5.34¾ per bushel. December KC wheat were 4¢ weaker at $5.23 per bushel. December Minneapolis wheat was down ¾¢ at $5.55 per bushel.
December live cattle were down $1.37 at $227.17 per hundredweight (cwt). January feeder cattle were up $2.07 at $330.90 per cwt. December lean hogs were unchanged at $82.77 per cwt.
At 9:18 a.m. CT, December crude oil was up 81¢ at $60.94 per barrel.
The S&P 500 Index was down 6.95 points, and the Dow Jones Industrial Average increased 118.83 points.
The December U.S. Dollar Index was down 212 points.
Published: 9:29 a.m. CT
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