OMAHA (DTN) -- December corn is down 1/2 cent per bushel, November soybeans are up 3 cents, December KC wheat is down 2 cents, December Chicago wheat is down 1 1/4 cents and December Minneapolis wheat is down 3 cents. The Dow Jones Industrial Average is down 36.29 points, and October crude oil is up $0.21 per barrel. The U.S. Dollar Index is down 0.040, and December gold is up $24.40 per ounce. Ethanol production for the week ended Aug. 21 rose by 5,000 barrels to 931,000 barrels per day, about as expected. That is still down 10.3% from a year ago. Ethanol inventory rose by less than 1% to 20.4 million barrels, and that compares to last year's 23-million-barrel inventory.
Posted 08:38 -- December corn is down 2 1/2 cents per bushel, November soybeans are up 2 1/2 cents, December KC wheat is down 5 1/2 cents, December Chicago wheat is down 3 1/4 cents and December Minneapolis wheat is down 2 cents. The Dow Jones Industrial Average is down 33.88 points and October crude oil is up $0.21 per barrel. The U.S. Dollar Index is up 0.180 and December gold is up $5.00 per ounce. As has been the case for much of August, China once again appeared as a buyer of U.S. new-crop soybeans, buying another 400,000 metric tons (mt) (14.7 million bushels). While demand has been a bullish input lately, the cooler and wetter forecast projected could lead to a sell off from current values.Livestock
Posted 08:44 -- October live cattle are down $0.30 at $108.475, October feeder cattle are up $0.20 at $143.275, October lean hogs are down $0.03 at $55.925, September corn is down 2 1/2 cents per bushel and September soybean meal is down $0.40. The Dow Jones Industrial Average is up 2.18 points and NASDAQ is up 48.86 points. Limited activity is seen early Wednesday with nearby live cattle futures slowly but steadily pulling back from Tuesday's rally. The lack of direction in lean hog futures has traders remaining comfortable on the sidelines with the focus on outside market direction and potential moves in pork values in late morning reports.
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