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Advisor
Posts: 3,421
Registered: ‎05-03-2010
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Floor Talk June 5

At 6:55am:

Early calls: Corn is seen 1-2 cents higher, soybeans 2-4 cents lower, and wheat 1-2 cents higher.

Trackers:
Overnight grain, soybean markets=Trading mostly higher.

Brent Crude Oil=$0.29 per barrel lower.
Dollar= Lower.

Wall Street=Seen slightly higher, with investors keen on the idea that the European Central Bank meeting could sway the market one way or the other today.

World Markets=Europe stocks were mostly higher, Asia/Pacific stocks were higher.

 


More in a minute,

 

Mike

Senior Advisor
Posts: 1,703
Registered: ‎04-29-2011
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Re: Floor Talk June 5

Export sales?   Is this not news any more?

Senior Contributor
Posts: 387
Registered: ‎04-29-2011
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Re: Floor Talk June 5

Rt--does not seem to matter anymore. Corn will be $2.50 by fall. Might as well put the for sale sign out. Just kidding! One commentator said the exports were slightly bearish as they were at the high end of expectations! Wow, things are bearish. I imagine all the rain Kansas is getting will result in DC beans. Am I right?