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Floor Talk June 28, 2021
At the close:
At the close, the July corn futures finished 39¢ higher at $6.75. New crop September futures closed 28¢ higher at $5.58 1/4. December corn futures closed 28¢ higher at $5.47 1/4.
July soybean futures finished 27 1/4¢ higher at $13.57 3/4.
August soybean futures finished 34¢ higher at $13.36. New crop November soybean futures settled 42 3/4¢ higher at $13.12 1/2.
Sept. wheat futures closed 10 3/4¢ higher at $6.51 1/2.
Aug. soymeal futures closed $5.00 per short ton higher at $353.90.
Aug. soy oil futures ended $2.25 higher at 60.45¢ per pound.
In the outside markets, the NYMEX crude oil market is -1.10 lower (-1.49%) at $72.95. The U.S. dollar is higher, and the Dow Jones Industrials are 161 points lower (-0.47%) at 34,272 points.
Mike
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At midsession:
Soybeans surge 31¢ higher Monday.
Mike
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Re: Floor Talk June 28, 2021
Frost in southern Brazil on late planted droughty crops.
https://www.weather-forecast.com/maps/Brazil?symbols=none&type=lapse
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Re: Floor Talk June 28, 2021
USDA taketh away and Mother Nature giveth.
To cash prices for corn and soybeans…….