01-25-2016 06:20 AM
Floor Talk January 25
Wheat futures were higher overnight as specualtive investors cut their short positions amid some light demand news.
Corn unchanged to 1 lower, soybeans 1-2 lower, wheat 1-2 higher.
Overnight wheat higher, corn and soybeans little changed.
Brent Crude Oil = 3.1% lower.
West Texas Intermediate Crude Oil = 3.5% lower.
Dollar = Down slightly.
Wall Street = Stocks lower on declining oil prices.
World Markets = Global stocks dropping as crude futures decline.
01-25-2016 11:50 AM
Re: Floor Talk January 25
Commodity Weather Group released an agricultural weather report today, with updates on weather in Argentina, Brazil, Russia and China. Here's what they had to say:
- Overnight Rain Reduces Dryness Concern to ¼ or Less of Arg.
- Mato Grosso Harvest Slows This Week, Increases 6-15 Day
- Snow-Protected Russian Wheat Avoided Cold Air Damage
- China Wheat Warmer This Week After Minor Weekend Winterkill