Floor Talk, August 25, 2021
At the close:
At the close, the Sept. corn futures settled 6 3/4¢ higher at $5.51. New crop Dec. futures finished 6 1/2¢ higher at $5.51. March corn futures finished 6 1/4¢ higher at $5.58.
Sept. soybean futures closed 9¢ higher at $13.46.
Nov. soybean futures finished 1¢ higher at $13.32. January soybean futures closed 1/2¢ higher at $13.37.
Sept. wheat futures closed 6 1/4¢ lower at $7.25 1/2.
Dec. soymeal futures finished $2.90 per short ton lower at $352.80.
Dec. soy oil futures closed $0.69 higher at 61.24¢ per pound.
In the outside markets, the NYMEX crude oil market is 0.67 higher (+0.99%) at $68.21. The U.S. dollar is lower, and the Dow Jones Industrials are 75 points higher (+0.21%) at 35,441 points.
Re: Floor Talk, August 25, 2021
So all those sales last week to the chi coms and this week to them again and to Mexico are fake news? Did I miss this past year of buyers and this wall of grain we had to get rid of? This is the same type of stuff we heard for years about tariffs and market share destruction everyday is doom and gloom no matter what type of media is printing.