# Market Closes - November 27, 2017 - Kentucky Farm Bureau

> CBOT corn and wheat closed lower, with KC and Chicago wheat falling to new contract lows, while soybeans edged higher on a rally in soybean meal. Cattle futures closed strongly higher and lean hog futures also closed higher, and winter wheat conditions slipped to 50% good to excellent.

- Date: 2017-11-27 · published 2017-11-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4079-market-closes-november-27-2017-kentucky-farm-bureau
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower grain prices reduce feed ingredient costs, while firmer livestock futures support demand for feed in the cattle and hog sectors.

## Read by commodity

- SBM: bullish ▲
- CORN: bearish ▼
- HOGS: bullish ▲
- KWHEAT: bearish ▼
- LCATTLE: bullish ▲

## Sources

- kyfb.com: https://www.kyfb.com/federation/newsroom/market-closes-november-27-2017/

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