Grains Open Mixed | Friday, December 27, 2024 [Video]

Grain markets opened mixed on Friday after a strong close Thursday. 

The USDA’s weekly U.S. Export Sales report was released this morning, delayed one day because of the midweek holiday. The report was friendly for wheat and corn, while soybean sales were slightly disappointing. 

The net sales numbers from the report were: 

As traders wrap up the week, they will be keeping an eye on key moving-average lines on the daily charts.

Livestock futures opened quietly mixed on Friday morning. Cash trade has been very light this week, which many traders expected with the holiday midweek. Cash cattle are expected to trade sometime today. Packers are starting out with bids at $190 per hundredweight (cwt), while feedlots are hoping to sell closer to $200 per cwt.

Outside markets are mixed this morning. The U.S. Dollar Index is steady. Crude oil is up 50¢ per barrel. S&P 500 futures are down 70 points. As we head into the end …