Grain prices end day in the red | Thursday, October 6, 2022

Soybeans at lowest price since July.

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Photo: Witthaya Prasongsin

Corn ended the day down 8¢. Soybeans, regaining a few cents from their multi-month low, ended the day down 10¢.

CBOT wheat is down 18¢. KC wheat is down 21¢. Minneapolis wheat is down 19¢.

READ MORE: What will happen to grain stocks and the stocks-to-use ratio in next week's WASDE report?

Live cattle are down 5¢. Feeder cattle are down 90¢. Lean hogs are up $1.28.

Crude oil is up 77¢. The U.S. Dollar Index has cracked 112.

The S&P 500 is down 26 points. The Dow is down 294 points.

Prices falling at midday: 11: 01 a.m.

Corn is currently down 9¢ to $6.75 and soybeans are down 15¢ to $13.54.

CBOT wheat is down 21¢. KC wheat is down 24¢. Minneapolis wheat is down 16¢.

Al Kluis with Kluis Commodity Advisors says soybeans, which have hit their lowest price since late July, are falling because analysts are expecting yields to be up in the October WASDE report coming out next week and reports out of Brazil say the country may have a record crop.

Live cattle are up 25¢. Feeder cattle are down 60¢. Lean hogs are up 93¢.

Crude oil is up 41¢. The U.S. Dollar Index is up to 111.9.

The S&P 500 and the Dow are both down.

Soybeans find new low: 9:00 a.m.

Soybean futures are down 14¢ to $13.55. This is their lowest price since July.

Corn futures are starting the day off down 4¢ to $6.80.

CBOT wheat is down 11¢. KC wheat is down 11¢. Minneapolis wheat is down 4¢.

Live cattle are down 45¢. Feeder cattle are down 80¢. Lean hogs are up $1.28.

The dollar is up slightly today, but still far below where it had been in recent weeks. The S&P 500 is up 11 points. The Dow is up 31 points.

Crude oil is up 25¢.

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