Short Range Weather: Widespread record breaking warmth likely throughout the central United States today (View Report)
Weather
GRAIN MARKETS: Corn futures were 6-7 cents higher overnight, soybeans were 4-5 cents higher, and wheat was up 15-17 cents as light buying interest surfaced in the market. The US dollar was steady while the equity and energy markets were higher (AgriVisor)
National Corn Wire
For the first time ever recorded, online shoppers spent less on Black Friday and Cyber Monday than the year before. But it isn’t because Americans aren’t splurging: Holiday shopping is expected to hit a record $843B this season (Robinhood)
NBW Market Commmentary
DAILY EXPORT SALES: Private exporters reported sales of: 164,100 metric tons of soybeans for delivery to unknown destinations during the 2021/2022 marketing year; 130,000 metric tons of soybeans for delivery to China during the 2021/2022 marketing year (CHANNEL 804)
Exports
National Feedstuffs Market Review: Kansas City soybean meal down $13 from last week, down $41 from last year (VIEW REPORT)
Feedstuffs
NCGA: Deeply Disappointed Fertilizer Companies, U.S. Commerce Department, Continue to Press for Tariffs at Expense of Farmers
National Corn Growers Association
CME GRAINS: Corn: $5.72 (+5.00); Soybeans: $12.2825 (+11.00); Wheat: $7.785 (+4.75); Cotton: $109.39 (-2.26)
National Corn Wire
STOCK UPDATE: Dow 30: 34,022.04 (-461.68); Nasdaq: 15,254.05 (-283.64); S&P 500: 4,513.04 (-53.96)
Market Update
High protein soybean meal (Kansas City -T) reported at $361.30, compared to $374.70 last week and $402.30 last year (VIEW REPORT)
Feedstuffs
Wheat middlings (Kansas City -R) reported at $170.00, compared to $170.00 last week and $135.00 last year
National Wheat Wire
The USDA reported wheat millrun (Portland -T) at $290.00, compared to $285.00 last week and $210.00 last year
National Wheat Wire
The USDA reported hominy feed (Illinois Pts -T) at $165.00, compared to $165.00 last week and $120.00 last year
Cash Prices
The USDA reported DDG's (Kansas -T) at $240.00, compared to $240.00 last week and $190.00 last year
Feedstuffs
The USDA reported DDG's (Nebraska -T) at $202.50, compared to $205.00 last week and $200.00 last year
Cash Prices
The USDA reported 60% protein corn gluten meal (Midwest -R) at $592.50, compared to $585.00 last week and $550.00 last year
National Corn Wire
The USDA reported corn gluten feed (Kansas City-T) at $250.00, compared to $250.00 last week and $220.00 last year
National Corn Wire