10-04-2013 07:16 AM - edited 10-04-2013 01:36 PM
At the close:
The Dec. corn futures contract settled 4 cents higher at $4.43. The Nov. soybean futures contract closed 7 cents higher at $12.95. Dec. wheat futures closed 2 cents lower at $6.87 per bushel. The Dec. soymeal futures ended $3.10 per short ton higher at $418.40. The Dec. soyoil futures settled $0.03 lower at $40.24.
In the outside markets, the NYMEX crude oil is $0.32 per barrel higher, the dollar is higher and the Dow Jones Industrials are 70 points higher.
At the open:
The Dec. corn futures contract opened 3/4 of a cent higher at $4.40. The Nov. soybean futures contract opened 4 cents lower at $12.84. Dec. wheat futures started 1/2 of a cent lower at $6.88 per bushel. The Dec. soymeal futures opened $0.50 per short ton lower at $414.80. The Dec. soyoil futures opened $0.31 lower at $39.96.
In the outside markets, the NYMEX crude oil is higher, the dollar is higher and the Dow Jones Industrials are higher.
At 7:15 am:
Early calls: Corn is seen 1-2 cents higher, soybeans 5-7 cents lower, and wheat 1-2 cents higher.
Overnight grain, soybean markets=Trading mostly higher.
Crude Oil=$0.37 per barrel higher.
Wall Street=Seen trading higher, as investors await a solution to the U.S. government shutdown. Congress failed to meet a budget agreement deadline.
World Markets=Asia/Pacific stocks were lower, Europe stocks lower.
More in a minute,
10-04-2013 11:37 AM - edited 10-04-2013 11:47 AM
Hey Marketeye can the US still export grain with the USDA shut down? I know the meat inspectors are still working so I didn't know if there was USDA export inspectors for grain, or even imports of good. Can the US still import goods through customs?
Just trying to figure what could happen next.
I can't find any info about it. the National grains council said they might not getting funding for some programs.