<h2>Current Grain Prices</h2>
<p>As of the latest trading session, March corn ended just up less than a penny at <strong>$4.30¾</strong> per bushel.</p>
<p>March soybeans saw a decline, closing down <strong>2¾¢</strong> at <strong>$10.72¼</strong> per bushel.</p>
<p>On a positive note, March CBOT wheat closed up <strong>5½¢</strong> at <strong>$5.41½</strong> per bushel. Kansas City wheat and Minneapolis wheat also mirrored this trend, closing up <strong>4¾¢</strong> and <strong>7½¢</strong> respectively.</p>

<h2>Market Analysis</h2>
<p>According to Karl Setzer, partner at Consus Ag Consulting, “Soybeans turned negative by mid-session as profits were taken on previous longs. Elevated harvest pressure from South America also weighed on the soy complex, despite production cuts.”</p>
<p>He continued, “More concerns are being shown regarding the South American corn crop, which provided support to that complex. Wheat prices rose due to winterkill concerns in both the U.S. and Russia. However, another day without flash sales impacted all contracts negatively.”</p>

<h2>Livestock Market Insights</h2>
<p>In the livestock sector, March feeder cattle ended the day down <strong>73¢</strong> at <strong>$365.13</strong> per hundredweight (cwt). April live cattle saw a drop of <strong>$1.45</strong> at <strong>$237.28</strong> per cwt, while April lean hogs increased by <strong>30¢</strong> to close at <strong>$95.45</strong> per cwt.</p>

<h2>Crude Oil and Market Indexes</h2>
<p>As of the latest updates, March crude oil prices rose by <strong>$2.48</strong> to reach <strong>$65.69</strong> per barrel.</p>
<p>Market indexes displayed a downward trend, with the S&P 500 down <strong>39.68 points</strong> and the Dow Jones Industrial Average down <strong>86.65 points</strong>.</p>

<h2>Morning Grain Updates</h2>
<p>As reported at <strong>9:12 a.m. CT</strong>, March corn was up <strong>1¢</strong>, reaching <strong>$4.31</strong> per bushel. March soybeans increased by <strong>4½¢</strong> to $10.79½ per bushel, while wheat prices also climbed.</p>

<h2>USDA Export Sales Report</h2>
<p>This morning, the USDA released the weekly U.S. export sales report for the week ending Jan. 22. Notable highlights include:</p>
<ul>
    <li>**Corn:** Weekly net export sales totaled <strong>1.649 million metric tons (mmt)</strong>, down <strong>59%</strong> from last week but slightly above the four-week average.</li>
    <li>**Soybeans:** Net export sales totaled <strong>819,000 metric tons</strong>, marking a sharp decrease and down <strong>50%</strong> from the four-week average.</li>
    <li>**Wheat:** Export sales counted <strong>558,200 metric tons</strong>, down <strong>10%</strong> from last week but above the four-week average.</li>
</ul>

<h2>Conclusion</h2>
<p>Market dynamics continue to evolve with fluctuations in grain prices, livestock metrics, and overall market sentiment. Monitoring upcoming trends and export data will be essential for stakeholders navigating these markets.</p>