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Contributor

Floor Talk - December 17

At the close:

The March corn futures are trading 2 1/4 cents higher at $4.08 1/4 per bushel.
January soybean futures are trading 3 1/2 cents higher at $10.27.
March wheat futures are trading 25 1/4 cents higher to $6.48 1/2.

 

In the outside markets, the crude oil is $.82 per barrel higher to $56.75, the dollar is higher, and Dow Jones Industrials are 253 points higher to 17,322.

 

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At the open:

The March corn futures are trading 2 1/2 cents higher at $4.08 1/2 per bushel.
January soybean futures are trading 3/4 of a cent higher at $10.24 1/4.

March wheat futures are trading 10 3/4 cents higher to $6.34.

In the outside markets, the crude oil is $0.80 per barrel lower to $55.13, the dollar is higher, and the Dow Jones Industrials are 103 points higher to 17,172.

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At 5:40 am:
Early calls: Corn is 0-2 cents higher, soybeans 0-2 cents higher and wheat is seen 3-5 cents higher.

 

Trackers:
Overnight grain, soybean markets = Trading higher.
Crude Oil = $0.85 lower per barrel to $55.05.
Dollar = Higher
Wall Street = Trading higher. Dow is up 88 points to 17,096.
World Markets = Europe stocks are lower, Asia/Pacific stocks are mostly higher.

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4 Replies
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Honored Advisor

Re: Floor Talk - December 17

Just once in a great while it is nice to see wheat doing the heavy lifting...........

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Veteran Advisor

Re: Good post, sw363535

with wheat running the gym....things gonna shape up in the near future and long term 2.   MO

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Senior Advisor

Re: Good post, sw363535

wrightcattle, If I understand you correctly, you are adding wheat to corn & beans and are bullish on all three of those commodities?

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Veteran Advisor

Re: Good post, sw363535

Wheat ALWAYS leads the long term REAL grain Ups. ( near history is 2010 ).

 

 keep in mind when that br weather stutters beans are gonna really roll too.

 

corn is in better shaape than most think 2.  MO

 

 

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