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marketeye
Veteran Advisor

Floor Talk August 10, 2020

At the close:

At the close, the Sept. corn futures settled 2 3/4¢ higher at $3.10 1/2. Dec. corn futures ended 2 1/4¢ higher at $3.23.

Sept. soybean futures closed 4 3/4¢ higher at $8.70. November soybean futures closed 5 3/4¢ higher at $8.73.

Sep. wheat futures ended 4 1/2¢ lower at $4.91.

Sep. soymeal futures closed $2.40 per short ton higher at $284.40.

 Sept. soy oil futures closed $0.12 cent lower at 30.73¢ per pound.



In the outside markets, the NYMEX crude oil market is $0.66 per barrel higher at $41.88. The U.S. dollar is higher, and the Dow Jones Industrials are 300 points higher.

 

Mike

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At midsession:

At midsession, the Sept. corn futures are 2 1/4¢ higher at $3.10 1/2. Dec. corn futures are 1 3/4¢ higher at $3.22 1/2.

Sept. soybean futures are 5 3/4¢ higher at $8.71. November soybean futures are 7 1/4¢ higher at $8.74 3/4.

Sep. wheat futures are 5¢ lower at $4.90 1/4.


Sep. soymeal futures are $3.80 per short ton higher at $285.80.

Sept. soy oil futures are $0.14 cent lower at 30.71¢ per pound.



In the outside markets, the NYMEX crude oil market is $0.81 per barrel higher at $42.03. The U.S. dollar is higher, and the Dow Jones Industrials are 253 points higher.

 

Mike

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At 8:45am:

China buys a boatload of U.S. soybeans, markets tick higher Monday.

See the full story 

 

What say you?

 

Mike

 

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2 Replies
rickgthf
Senior Advisor

Re: What does it mean, "soybeans received during the report period for delivery in 20/21 mkt year"

What does it mean, "soybeans received during the reporting period for delivery in the 20/21 market year"?

  Does it mean beans purchase before a certain date, before the stocks report comes out?

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cborman11
Senior Contributor

Re: Floor Talk August 10, 2020

FB_IMG_1597008257063.jpg

 

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