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Market Update

Sep 24 Corn close 4.105

+.05

Dec 24 Corn close 4.24

+.045

Aug 24 Soybean close 11.6625

+.085

Nov 24 Soybean close 11.2975

+.0825

Sep 24 SRW close 5.905

+.165

Jul 25 SRW close 6.4475

+.1225

Sept CAD .7351

+.0004

Closing Chatham elevator bids


It was a low volume trade day, with many on the other side of the border taking an extended July 4th holiday. Grains and soybeans closed higher to finish the week. For the week Dec corn futures were up 3.25 cents, Nov soybean futures were up 25.75 cents, and Sept wheat futures up 1/4 of a cent. In the lower trending market it was nice to see a week with some gains. Dry weather in the Black Sea region is giving wheat some support to finish the week. Weekly US export sales were on the low end of expectations for corn and soybeans at, 14.06 mil bu and 8.4 mil bu. Wheat export sales were high end of expectations at 29.59 mil bu. Although corn and soybeans were below expectations, the amount was higher than the weekly avg needed (3.84 mil for corn, and 6.03 for soybeans) to reach the USDA's current estimate for the crop year, with 9 weeks left in the crop year calendar.


Have a good night.

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USDA reports and schedule

Looking for the publish dates of the USDA reports for 2023? Visit our website. We keep an archive of the reports that go back to 2016.

USDA Reports

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