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Veteran Advisor

Floor Talk December 24

At the open:

The March corn futures are trading 2 cents lower at $4.12 per bushel.
March soybean futures are trading 4 1/2 cents lower at $10.41.

 

March wheat futures are trading 7 1/4 cents lower to $6.28. The March soybean meal futures are trading $0.80 per short ton lower at $357.20. March soyoil futures are trading $0.20 lower at $32.16.

 

In the outside markets, the crude oil market is higher by $1.43, the U.S. Dollar is lower and the Dow Jones Industrials are 43 cents higher.

 

 

 

Mike

 

---------------

At 4:45am:

 

Early calls: Corn is 1-2 cents lower, soybeans 4-6 cents lower and wheat 1-2 cents higher. The CME Group's farm markets close at 12-Noon today.

 

Trackers:
Overnight grain, soybean markets = Trading mostly lower.
Crude Oil = $1.03 lower per barrel.
Dollar = Lower
Wall Street =Higher with the strong U.S. growth lifting holiday spirits.

World Markets = Europe stocks were higher, Asia/Pacific stocks were mostly higher.

 

 

 

More in a minute,

 

Mike

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