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marketeye
Veteran Advisor

Floor Talk February 25, 2021

At the close:

At the close, the March corn futures finised 4 1/2¢ lower at $5.54 1/2. May corn futures finished 7 1/2¢ lower at $5.49 3/4. New crop December corn futures closed 2 1/2¢ lower at $4.74.

March soybean futures closed 17 3/4¢ lower at $14.06 3/4. May soybean futures closed 18 1/4¢ lower at $14.07 1/2. New crop November soybean futures finished 7 1/4¢ lower at $12.30 3/4.

May wheat futures closed 9 3/4¢ lower at $6.75 3/4.

May soymeal futures finished $4.30 short term lower at $423.00.


May soy oil futures closed 0.36 lower at 49.67¢ per pound.

 

 

In the outside markets, the NYMEX crude oil market is $0.34 per barrel higher (+0.54%) at $63.56. The U.S. dollar is lower, and the Dow Jones Industrials are 331 points lower (-1.04%) at 31,630 points.

 

Mike

---------

At 8:45am:

 

Ag markets sink Thursday.

 

Mike

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4 Replies
k-289
Senior Advisor

Re: Floor Talk February 25, 2021

GAMESTOCK  ,   in  the  grains  , leaves  me  asking  if  a  Mini  Contract  would  be  applicable   - maybe - ?   

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rickgthf
Senior Advisor

Re: What matters now is, the percent of ..

What matters now is the Brazil soybean crop percent harvested.   The longer that harvest continues, the more risk for the Brazilian second corn crop.

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cborman11
Senior Contributor

Re: Floor Talk February 25, 2021

I see the traders have their heads up their *****es again today. 

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Hobbyfarmer
Honored Advisor

Re: Floor Talk February 25, 2021

Long lines at the eplant yesterday to unload.

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