# Market Closes - November 20, 2017 - Kentucky Farm Bureau

> CBOT corn and soybeans closed mixed on November 20, 2017, with corn up 2 cents in December. Soybean oil fell sharply while soybean meal gained 2 dollars, wheat posted modest losses, and cattle futures closed lower after a bearish Cattle on Feed report. Lean hogs rallied strongly on a discount to cash and higher pork values.

- Date: 2017-11-20 · published 2017-11-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10822-market-closes-november-20-2017-kentucky-farm-bureau
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Routine price moves reflect a stronger dollar, weaker energy and fund positioning rather than new supply changes. Soybean meal strength and hog strength offer short-term support to feed-related demand.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: neutral
- CORN: neutral
- HOGS: bullish ▲
- WHEAT: bearish ▼
- LCATTLE: bearish ▼

## Sources

- kyfb.com: https://www.kyfb.com/federation/newsroom/market-closes-november-20-2017/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.