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Just before 9:30 a.m. CT, December corn was up 4½¢ at $4.08½ per bushel.
November soybeans were up 10½¢ at $10.46½ per bushel.
“Fresh news is light [Thursday] morning as it has been all week.” Karl Setzer, partner with Consus Ag Consulting said, “Crop tour results continue to point out good yields, but not the level needed to reach current USDA production estimates. More cases of corn disease are being reported, mainly fungus. Southern rust, tar spot, and simple mold are also being reported across the Corn Belt. Even if these do not impact production, which they likely will, corn quality will be affected.”
December CBOT wheat was down ¾¢ at $5.27½ per bushel. December KC wheat was up ¼¢ at $5.23½ per bushel. December Minneapolis wheat was up 6¾¢ at $5.56 per bushel.
October live cattle were down $1.02 at $233.82 per hundredweight (cwt). September feeder cattle were 95¢ weaker at $357.15 per cwt. October lean hogs increased 10¢ at $90.05 per cwt.
September crude oil was up 16¢ at $62.87 per barrel.
As of 9:30 a.m. CT, the S&P 500 Index was down 9.07 points, and the Dow Jones Industrial Average dropped 92.82 points.
The September U.S. Dollar Index was up 290 points.
Published: 9:30 a.m. CT
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