Market News

Closing Grain and Livestock Futures: May 18, 2018

Jul. corn closed at $3.66, down 5 and 1/2 cents
Jul. soybeans closed at $9.44 and 3/4, down 31 cents
Jul. soybean meal closed at $307.50, down $7.80
Jul. soybean oil closed at 32.44, down 71 points
Jul. wheat closed at $4.25 and 3/4, down 1 and 1/4 cents
Jun. live cattle closed at $122.92, up 47 cents
Jun. lean hogs closed at $79.15, up 25 cents
Jun. crude oil closed at $49.35, up 28 cents
Jul.  cotton closed at 79.24, down 93 points
Jul. rice closed at $10.88 and 1/2, down 2 and 1/2 cents
Jun. Class III milk closed at $16.20, down 17 cents
Jun. gold closed at $1,252.80, down $5.90
Dow Jones Industrial Average closed at 20,663.02, up 56.09 points

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  • The sun didn’t shine today, so beans were limit down, the sun did shine though so corn was also down. The cbot traitors just can’t get enough of sticking it to the farmers, hope they learn soon how to consume manure and expire!

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