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Veteran Contributor

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.

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Veteran Advisor

Re: Floor Talk December 15

Who said the market has turned upward and
Cycles are pointing up ? Seems everyone did
Not got the memo
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Advisor

Re: Floor Talk December 15

Profit takers take profits everyday no matter the info. Especially leading into a holiday as well as the end of tax year. I doubt we’ll see them give an inch their just to greedy. Hope I’m wrong cheapo, wouldn’t be the first time.
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