06-21-2013 06:48 AM - edited 06-21-2013 09:13 AM
In early trading, the the July futures corn contract is 1 cent lower at $6.71. New-crop Dec. corn futures are trading unchanged at $5.60. The July soybean futures contract is trading 6 cents higher at $15.03, new-crop Nov. soybeans are trading 4 cents lower at $12.81. July wheat futures are trading 1 cent higher at $7.01 per bushel. The July soymeal futures are trading $2.60 per short ton higher at $448.20. The July soyoil futures are trading $0.03 lower at $48.37.
In the outside markets, the NYMEX crude oil is $0.35 per barrel lower, the dollar is higher and the Dow Jones Industrials are 52 points lower.
Early calls: Corn is seen 4-6 cents lower (old-crop), soybeans 1-2 cents higher (old-crop), and wheat 3-5 cents lower. Meanwhile, new-crop corn 3-5 cents lower and soybeans are seen 6-8 cents lower.
Overnight grain, soybean markets=Trading mostly lower.
Crude Oil=$0.33 per barrel lower.
Wall Street=Seen higher, with the sell-off from yesterdsy seen as overdone.
World=Asia/Pacific stocks were lower and Europe's stocks are higher.
More in a minute,
06-21-2013 08:25 AM
Anybody notice what is going on in Minn, North edge of Iowa, and Wis this morning?
Another nail or two in the coffin?
06-21-2013 08:56 AM
SC minn 1.1 so far....ponds are full again. Mudded in 110 acres of beans yesterday. MAYBE 30-40 % of beans in here. That gets us up to corn percentages!! Looks like last chance to plant beans next week. No 60 bu beans in S MN- will all be 20-30 bu if it ever quits raining! What corn is in looks like sh**. No 225 bu stuff here...
06-21-2013 11:25 AM
1.5" in guage after early morn. blast in Nort. Cent. Wi. Water , water everywhere. Many acres corn and beans mudded in last few days. Was in area [somewhat more West Cent. Wi ] yesterday where so wet that ground had never beem touched this Spring or Summer....what ever this is supposed to be !!!! John
06-21-2013 04:50 PM