Commodities Market Update: Corn, Soybeans, Wheat, Meal, and Oil

Good morning! Lets dive into the early trading activity at the Chicago Board of Trade. Corn futures are mostly down, with the March twenty twenty-six contract dropping by five dollars and fifty cents. Soybean futures are also experiencing a downturn, with the March twenty twenty-six contract decreasing by two dollars and seventy-five cents. Wheat futures show a slight positive movement, though overall its flat. Soybean meal is generally declining, with the January twenty twenty-six contract down by one dollar and fifty cents. Soybean oil, however, is seeing an upward trend in some later contracts. Estimated sales for these commodities today are as follows: corn, nine thousand seventeen contracts; soybeans, over three hundred twenty-four thousand contracts; wheat, one hundred twenty-one contracts; soybean meal, not specified; and soybean oil, forty-six thousand seventeen contracts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.