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marketeye
Posts: 3,182
Registered: ‎05-03-2010
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Floor Talk November 22

[ Edited ]

At the close:

The Dec. corn futures contract closed 3/4 of a cent lower at $4.22 1/4. The Jan. soybean futures contract closed 28 cents higher at $13.19 1/2. Dec. wheat futures finished 3/4 of a cent higher at $6.49 1/2 per bushel. The Jan. soymeal futures contract closed $16.80 per short ton higher at $427.00. The Dec. soyoil futures finished $0.38 lower at $41.16.
In the outside markets, the NYMEX crude oil is $0.57 per barrel lower, the dollar is lower and the Dow Jones Industrials are 48 points higher.

 

Mike

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At mid-session:

The Dec. corn futures contract is trading 2 3/4 cents higher at $4.25. The Jan. soybean futures contract is trading 21 cents higher at $13.12. Dec. wheat futures are 3 1/2 cents higher at $6.52 per bushel. The Jan. soymeal futures contract is trading $12.20per short ton higher at $423.20. The Dec. soyoil futures are trading $0.33 lower at $41.21.
In the outside markets, the NYMEX crude oil is $0.37 per barrel lower, the dollar is lower and the Dow Jones Industrials are 18 points higher.

 

Mike

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At the open:

The Dec. corn futures contract is trading 1/2 of a cent higher at $4.23. The Jan. soybean futures contract is trading 10 cents higher at $13.02. Dec. wheat futures are 2 cents higher at $6.51 per bushel. The Jan. soymeal futures contract is trading $4.90 per short ton higher at $410.40. The Dec. soyoil futures are trading $0.15 lower at $41.39.
In the outside markets, the NYMEX crude oil is $0.58 per barrel higher, the dollar is lower and the Dow Jones Industrials are 7 points higher.

 

Mike

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At 8am:

USDA announced Friday that China bought 115,000 tons of U.S. soybeans.

 

This demand is really pushing up the soybean market, this week. Crush and exports are on very strong paces. From Sept. 1-Nov. 14, soybean exports have totaled 35.5 million tons, up 32% from a year ago.

 

 

Mike

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At 7:15am:

Early calls: Corn is seen 2-4 cents higher, soybeans 10-12 cents higher, and wheat 2-4 cents higher.

Trackers:
Overnight grain, soybean markets=Trading higher.
Crude Oil=$0.19 per barrel lower.
Dollar=Lower.

Wall Street=Seen higher, as Wall Street awaits more job market data.

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

 


More in a minute,

 

Mike

Senior Contributor
luisvieira
Posts: 242
Registered: ‎04-24-2012
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Re: Floor Talk November 22

Soybean planting in Argentina has reached 37 percent of a total area of 49.9 million acres, according to data released by the Buenos Aires Cereal Exchange. The pace is similar compared of the same period of last year. The report also reveals that planting was mostly made in the south of Córdoba province, west of Buenos Aires, and North of La Pampa. In northern Santa Fé, on the other hand, planting had to restart because of torrential rains and occurrences of the earworm.