Floor Talk December 15
Soybeans were higher overnight, taking back at least a couple cents from yesterday's losses. Fundamentally, nothing's changed -- it's dry in Argentina but there's rain in the forecast. Beans were up about 2 cents while corn and wheat moved less than a penny. Export sales were solid for wheat, which beat expectations and almost doubled the prior week's total, but on the low end of expectations for corn and soybeans. In weather news, it's more of the same with extremely dry weather threatening winter wheat in the southern Plains and winter weather in parts of Michigan and Indiana. See all the details in today's 3 Big Things at https://www.agriculture.com/news/three-big-things/3-big-things-today-december-15.
Brent Crude Oil = up 0.3%.
West Texas Intermediate = up 0.6%.
Dollar = up 0.1%.
Wall Street = U.S. stock futures higher in pre-market trading.
World Markets = Global stocks higher overnight.