Jul. corn closed at $4.59 and 3/4, up 9 centsJul. soybeans closed at $11.99, up 28 and 3/4 centsJul. soybean meal closed at $364.90, up $15.90Jul. soybean oil closed at 43.22, down 2 pointsJul. wheat closed at $6.04 and 1/4, up 5 centsJun. live cattle closed at $176.80, up $2.95Aug....
U.S. ag export demand is suffering from excess global supplies and a strong U.S. dollar. CoBank economist Tanner Ehmke says there is a surplus of grain globally. “You’ve got record crops down in South America, corn and beans. You’ve got record crops in the Black Sea (region) with Russia. And...
May corn closed at $4.39 and 1/2, up 1/4 centMay soybeans closed at $11.45 and 1/2, down 15 and 1/4 centsMay soybean meal closed at $346.30, down $2.00May soybean oil closed at 42.29, down 140 pointsMay wheat closed at $5.85, down 5 and 1/4 centsJun. live cattle closed at $174.97,...
Soybeans were modestly higher on fund and technical buying. Soybeans had some help from the strength in meal, while watching harvest activity in South America. Brazil’s harvest is nearing completion but slowing down, while the Buenos Aires Grain Exchange says 25% of Argentina’s crop is harvested, with both impacted by...