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Floor Talk April 7, 2021
At midsession:
At midsession, the May corn futures are 3¢ higher at $5.57. July corn futures are 3¢ higher at $5.44. New crop December corn futures are 1/4¢ higher at $4.83 1/2.
May soybean futures are 11 1/2¢ lower at $14.07 1/4. July soybean futures are 9 1/2¢ lower at $14.01 1/2. New crop November soybean futures are 3 1/4¢ lower at $12.67 3/4.
May wheat futures are 1¢ higher at $6.16 3/4.
May soymeal futures are $2.30 short term higher at $408.70.
July soy oil futures are -1.10¢ lower at 50.90¢ per pound.
In the outside markets, the NYMEX crude oil market is -1.04 lower (-1.75%) at $58.29. The U.S. dollar is lower, and the Dow Jones Industrials are 31 points lower (-0.07%) at 33,407 points.
Mike
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At 8:45am:
Ag markets trade mixed Wednesday.
Mike