Closing Market Report- 11/30/22- Wheat, Soybeans and Livestock Move Higher on Wednesday


Markets on Wednesday wrapped up November with decent strength in wheat, soybeans, soybean meal and livestock. Corn drifted again while crude oil and stocks were higher. The House passed legislation to avert a national rail strike and sent that on to the Senate for a vote. Fed Chair Jerome Powell shared comments after the latest Fed meeting as well that talked of moderating as early as December.

Farm and Ranch Director Jesse Allen has our closing report:

Also, more market analysis today with Mike Zuzolo of Global Commodity Analytics on today’s Market Talk below: