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marketeye
Veteran Advisor

Floor Talk February 12, 2021

At the close:

At the close, the March corn futures settled 2 1/4¢ lower at $5.38. May corn futures ended 3 1/4¢ lower at $5.36 1/2. New crop December corn futures closed 3 3/4¢ lower at $4.48 3/4.

March soybean futures finished 4 1/2¢ higher at $13.72. May soybean futures closed 4 1/2¢ higher at $13.71. New crop November futures closed 1 1/4¢ lower at $11.73.

March wheat futures closed 3 1/4¢ higher at $6.36 1/2.


March soymeal futures settled $1.70 short term lower at $427.20.


March soy oil futures closed 0.41 higher at 46.07¢ per pound.

In the outside markets, the NYMEX crude oil market is $1.29 per barrel higher (+2.21%) at $59.53. The U.S. dollar is higher, and the Dow Jones Industrials are 61 points lower (-0.19%) at 31,369 points.

Mike

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At midsession:

 

At midsession, the March corn futures are 3¢ lower at $5.38. May corn futures are 3 3/4¢ lower at $5.36. New crop December corn futures are 3/4¢ lower at $4.51 3/4.

March soybean futures are 1/2¢ higher at $13.68. May soybean futures are 1/2¢ higher at $13.67. New crop November futures are 1 3/4¢ higher at $11.76.

March wheat futures are 2 1/4¢ higher at $6.35 1/2.

March soymeal futures are $4.00 short term lower at $424.90.


March soy oil futures are 0.37 higher at 46.00¢ per pound.

In the outside markets, the NYMEX crude oil market is $1.18 per barrel higher (+2.03%) at $59.42. The U.S. dollar is higher, and the Dow Jones Industrials are 5 points lower (-0.02%) at 31,424 points.

Mike

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At 8:45am:

 

The ag markets rise ahead of the long, holiday weekend Friday.

 

 

Mike

 

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