cancel
Showing results for 
Search instead for 
Did you mean: 
Tony_Dreibus
Veteran Contributor

Floor Talk January 4

At the close:

At the close, the March corn futures finished 2¢ lower at $3.51. May futures closed 2¢ lower at $3.59. Jan. soybean futures settled 1¢ lower at $9.67 3/4.  March soybean futures closed 1¢ lower at $9.78 1/2. March wheat futures ended 2¢ lower at $4.34. March soy meal futures closed $1.20 per short ton higher at $319.80. January soy oil futures are 0.03 lower at 33.87¢ per pound.  In the outside markets, the NYMEX crude oil market is $0.42 higher, the U.S. dollar is lower, and the Dow Jones Industrials are 156 points higher.

 

Mike

---------

At mid-session:

At mid-session, the March corn futures are 1 1/2¢ lower at $3.51. May futures are 1 1/2¢ lower at $3.59. Jan. soybean futures are 4 1/4¢ lower at $9.64.  March soybean futures are 4¢ lower at $9.75. March wheat futures are 1 3/4¢ lower at $4.34. March soy meal futures are $0.20 per short ton lower at $318.40. January soy oil futures are 0.13 lower at 33.77¢ per pound.  In the outside markets, the NYMEX crude oil market is $0.42 higher, the U.S. dollar is lower, and the Dow Jones Industrials are 149 points higher.

 

Mike

-------------

In early trading:

At 8:45am, the March corn futures are 2 1/2¢ lower at $3.50. May futures are 2 1/4¢ lower at $3.59. Jan. soybean futures are 7 1/4¢ lower at $9.61.  March soybean futures are 7¢ lower at $9.72. March wheat futures are 3 3/4¢ lower at $4.32. March soy meal futures are $2.30 per short ton lower at $316.30. January soy oil futures are 0.13 lower at 33.77¢ per pound.  In the outside markets, the NYMEX crude oil market is $0.08 higher, the U.S. dollar is lower, and the Dow Jones Industrials are 107 points higher.

 

Mike

----------

 

Wheat futures fell from a six-week high as temperatures warm up a bit in the southern Plains and eastern Midwest. It's not going to be warm, exactly, but at least temperatures will be well above zero, reaching the 40s today and the 50s by the end of the week in parts of southwestern Kansas and the Oklahoma and Texas panhandles. Wheat fell 2-3 cents, corn declined about 1 cent and soybeans lost 2 cents overnight. In other weather news, the East Coast is getting blasted by wintry weather as the so-called Bomb Cyclone left snow and ice in parts of Florida and Georgia. The system is moving up the coast today, which will cause blizzard conditions along much of the seaboard. In other news, the amount of corn used to make both `fuel alcohol' and `beverage alcohol' rose in November, meaning people are using more ethanol and drinking more booze, it seems. Check out all the details in today's 3 Big Things at https://www.agriculture.com/news/three-big-things/3-big-things-today-january-4.

 

Brent Crude Oil = up 0.2%.

West Texas Intermediate = up 0.1%.

Dollar = down 0.3%.

Wall Street = U.S. stock futures higher in pre-bell trading.

World Markets = Global stocks higher overnight.

0 Kudos
1 Reply
illinifarmer
Advisor

Re: Floor Talk January 4

Oh yeah nice and avg. -4 right now high of -1. Avg temp Jan. 4, 31 above zero in case your sources tell you other wise . Oil is up dollar is up the whole Dow is up 150 and Grains down.? New year same old ***** guys.
0 Kudos