Market News

Closing Grain and Livestock Futures: May 16, 2023

Jul. corn closed at $5.81 and 1/4, down 11 and 1/4 cents
Jul. soybeans closed at $13.64, down 36 and 3/4 cents
Jul. soybean meal closed at $426.90, down $4.00
Jul. soybean oil closed at 47.45, down 224 points
Jul. wheat closed at $6.47 and 1/2, down 13 and 1/4 cents
Jun. live cattle closed at $163.87, down 45 cents
Aug. feeder cattle closed at $231.47, up 42 cents
Jun. lean hogs closed at $87.20, up $1.05
Jun. Class III milk closed at $16.33, down 8 cents
Jun. crude oil closed at $70.86, down 25 cents
Jul. cotton closed at 83.38, up 101 points
Jul. rice closed at $17.41, down 44 and 1/2 cents
Jun. gold closed at $1,993.00, down $29.70
Dow Jones Industrial Average closed at 33,012.14, down 336.46 points