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marketeye
Veteran Advisor

Floor Talk June 10, 2020 (Report Day)

At the close:

At the close, the July corn futures finished 8 1/4¢ higher at $6.99. New crop September futures closed 6 1/4¢ higher at $6.38 1/4. December corn futures settled 6 3/4¢ higher at $6.16 1/2.

July soybean futures closed 18 1/4¢ lower at $15.44. August soybean futures closed 13¢ lower at $15.10. New crop November soybean futures ended 11 1/4¢ higher at $14.59 1/4.

July wheat futures closed 1/4¢ higher at $6.82 1/4.

July soymeal futures settled $4.80 per short ton lower at $381.60.


July soy oil futures closed $1.13 lower at 70.46¢ per pound.

In the outside markets, the NYMEX crude oil market is +0.35 higher (+0.50%) at $70.31. The U.S. dollar is higher, and the Dow Jones Industrials are 74 points higher (+0.22%) at 34,521 points.

 

Mike

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At midsession:

 

USDA SAYS:

 

USDA report is market-friendly for corn, not soybeans.

 

 

Mike

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At 8:45am:

 

Ag markets lean mostly higher Thursday.

 

Mike

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1 Reply
cborman11
Senior Contributor

Re: Floor Talk June 10, 2020 (Report Day)

Amazing how the usda every month finds a extra 10 million bushels of something, it's like magic.