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Regular updates on the Grain and Livestock futures markets

(Illustration by Nick Scalise)

OMAHA (DTN) — Corn is down 7 cents in December and soybeans are down 16 cents in November after opening Sunday night. It didn’t rain much over the weekend, but there are chances over the next few days from South Dakota to Missouri. Moderate to cool temperatures will prevail in the corn belt this week and even triple digit temperatures from Kansas to Texas will disappear later in the week. September KC wheat is down 7 1/4 cents and September Minneapolis wheat is down 10 1/2 cents. September crude oil is down $0.45 and Dow Jones futures are down 82 points. The US Dollar Index is up 0.05 and August Gold is down $0.30. On Thursday, OPEC revised downwards its estimate of oil demand for the second half of the year.

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