At the market close, December corn was down 13\u00bc\u00a2 at $3.94\u00bd per bushel.\n<\/p>\n
November soybeans were up 21\u00bd\u00a2 at $10.32\u00be per bushel.<\/p>\n
“The trade was expecting a bearish leaning report with higher production and ending stocks on corn and soybeans.” Karl Setzer, partner with Consus Ag Consulting, said, “The lack of a significant weather threat also pressured futures, although more models are indicating a hot finish to August which has been known to negatively impact yields.”<\/p>\n
September CBOT wheat was down 10\u00a2 at $5.05 per bushel. September KC wheat was 8\u00bc\u00a2 lower at $5.10\u00be per bushel. December Minneapolis wheat was down 4\u00a2 at $5.53\u00bd per bushel.<\/p>\n
October live cattle were up $2.92 at $229.02 per hundredweight (cwt). September feeder cattle were $5.65 stronger at $346.25 per cwt. October lean hogs fell 17\u00a2 at $91.60 per cwt.<\/p>\n
September crude oil was down 80\u00a2 at $63.16 per barrel.<\/p>\n
As of 3:10 p.m. CT, the S&P 500 Index was up 70.61 points, and the Dow Jones Industrial Average jumped 457.53 points.<\/p>\n
The September U.S. Dollar Index was down 461 points.<\/p>\n
Published: 3:15 p.m. CT\n<\/p>\n
Grains Weaker Pre-Report: 9:30 a.m. CT <\/p>\n
Just after 9 a.m. CT, December corn was down 3\u00bd\u00a2 at $4.04\u00bc per bushel.<\/p>\n
November soybeans were down 13\u00bc\u00a2 at $9.98 per bushel.<\/p>\n
“We\u2019re not surprised to see some weakness across the grain and oilseed landscape overnight.” Reese Drenth, ag solutions specialist with Mihlig Ag Solutions, said, “Traders usually don\u2019t rock the boat too much ahead of 11 a.m. CT on USDA report days and [Monday’s] price action was very reactionary and unsubstantiated. We wouldn\u2019t be surprised to see more ‘risk taken out’ via lower prices as the morning progresses.”<\/p>\n
September CBOT wheat was down 3\u00bd\u00a2 at $5.11\u00bd per bushel. September KC wheat was 2\u00a2 lower at $5.17 per bushel. December Minneapolis wheat was up 4\u00be\u00a2 at $5.57\u00bd per bushel.<\/p>\n
October live cattle were up 55\u00a2 at $226.65 per hundredweight (cwt). September feeder cattle were $1.07 stronger at $341.67 per cwt. October lean hogs increased 12\u00a2 at $91.90 per cwt.<\/p>\n
September crude oil was down 49\u00a2 at $63.47 per barrel.<\/p>\n
As of 9:20 a.m. CT, the S&P 500 Index was up 23.91 points, and the Dow Jones Industrial Average jumped 370.86 points.<\/p>\n
The September U.S. Dollar Index was down 286 points.<\/p>\n","protected":false},"excerpt":{"rendered":"At the market close, December corn was down 13\u00bc\u00a2 at $3.94\u00bd per bushel. November soybeans were up 21\u00bd\u00a2…\n","protected":false},"author":2,"featured_media":63545,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[84,467,56,54,55],"class_list":["post-63544","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/63544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=63544"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/63544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/63545"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=63544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=63544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=63544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}