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Veteran Advisor

Floor Talk August 28, 2020

At the close:

At the close, the Sept. corn futures finished 1 3/4¢ higher at $3.46. Dec. corn futures ended 3/4¢ higher at $3.59 3/4.

Nov. soybean futures settled 8 1/4¢ higher at $9.50 1/2. January soybean futures closed 8 3/4¢ higher at $9.56 3/4.

Dec. wheat futures ended 2¢ lower at $5.48 3/4.

Dec. soymeal futures settled $6.60 per short ton higher at $309.70.

 Dec. soy oil futures settled $0.26 cent lower at 33.24¢ per pound.



In the outside markets, the NYMEX crude oil market is $0.07 per barrel lower at $42.97. The U.S. dollar is lower, and the Dow Jones Industrials are 161 points higher.

 

Mike

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At 8:50am:

 

Soybean rally continues Friday. See the new corn sale and the mostly higher prices in the full story here

 

Thanks,

 

Mike

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Senior Contributor

Re: Floor Talk August 28, 2020

I think some one named Kluis needs to watch the video Hobby put on here about China’s weather. I guess some people have not figured out that accurate info is a lot easier to come by now than it used to be.