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marketeye
Veteran Advisor

Floor Talk December 7, 2020

At the close:

 

At the close, the March corn futures settled 3 1/2¢ higher at $4.24. May corn futures finished 3 1/2¢ higher at $4.26 3/4.

January soybean futures ended 4 1/4¢ lower at $11.58 1/4. March soybean futures closed 2 1/2¢ lower at $11.62 3/4.

March wheat futures closed 2¢ higher at $5.77 1/2.

Jan. soymeal futures finished $3.20 per short ton lower at $382.30.


Jan. soy oil futures finished 0.38 of a cent lower at 38.03¢ per pound.



In the outside markets, the NYMEX crude oil market is $0.39 per barrel lower (-0.84%) at $45.87. The U.S. dollar is lower, and the Dow Jones Industrials are 189 points lower (-0.63%) 30,031 points.

Mike

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At midsession:

At midsession, the March corn futures are 4¢ higher at $4.24 1/2. May corn futures are 3 1/2¢ higher at $4.26 3/4.

January soybean futures are 5 1/4¢ higher at $11.68 1/4. March soybean futures are 6 3/4¢ higher at $11.71 3/4.

March wheat futures are 3¢ higher at $5.78 1/2.

Jan. soymeal futures are $1.40 per short ton higher at $386.90.


Jan. soy oil futures are 0.14 of a cent lower at 38.27¢ per pound.



In the outside markets, the NYMEX crude oil market is $0.19 per barrel higher (+0.41%) at $46.45. The U.S. dollar is lower, and the Dow Jones Industrials are 142 points lower (-0.47%) 30,076 points.

 

Mike

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At 8:45am:

 

The sellers have the floor, Monday.

 

Mike

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