Friday, December 1, 2023 3:06PM CST
Groups are gearing up to either oppose carbon pipelines or allow them to be developed. With the upcoming 2024 elections, rural lawmakers will find themselves at the center of attention over pipelines while counties in some states will look to advance more setback ordinances.
EARLY MORNING GLOBEX NET CHANGES: March corn is down 1 1/2 cents per bushel, January soybeans are down 9 cents, March KC wheat is up 1/4 cent, March Chicago wheat is up 2 1/2 cents and March Minneapolis wheat is down 2 1/2 cents.
The cattle complex fell apart on Friday with feeder cattle posting over $5.00 losses. Futures fell back near the lows as the market was unable to find strong buyer interest. Hogs were lower suffering some of the same fate, but not with the pressure of cattle. Cash and cutouts remained weak.