# Market Closes - November 14, 2017 - Kentucky Farm Bureau

> Corn and soybean futures closed lower on Nov 14, 2017, with corn dropping to new contract lows. Lean hog futures fell sharply, with the December contract down $8.00 over 10 sessions. Cattle futures closed sharply lower, with December live cattle at a $3-4 discount to the cash market.

- Date: 2017-11-14 · published 2017-11-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6095-market-closes-november-14-2017-kentucky-farm-bureau
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Broad weakness in corn, soybeans and livestock reflects large corn supplies and fund liquidation, which lowers feed costs but signals weaker livestock demand. Speculative selling has amplified the moves.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- HOGS: bearish ▼
- WHEAT: neutral
- LCATTLE: bearish ▼

## Sources

- kyfb.com: https://www.kyfb.com/federation/newsroom/market-closes-november-14-2017/

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