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Veteran Contributor

Floor Talk December 8

Wheat was higher overnight as more cold weather moves into the southern Plains, threatening the hard-red crop. KC and Chicago futures both rose about 6 cents. Soybeans were down a nickel while corn was a penny higher. The EIA said yesterday that ethanol production last week rose to the highest since August, which is a good sign for corn demand.    

Here's what happened overnight:


Brent Crude Oil = 0.7% higher .

West Texas Intermediate Crude Oil = 0.7% higher.

Dollar = down 0.3%.

Wall Street = U.S. stock futures modestly higher in overnight trading.
World Markets = Global stocks higher, following oil futures. 

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