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marketeye
Veteran Advisor

Floor Talk March 11, 2021

At the close:

At the close, the May corn futures finished 4 3/4¢ higher at $5.38 1/2. July corn futures ended 4¢ higher at $5.28. New crop December corn futures finished 3 1/4¢ higher at $4.83 3/4.

May soybean futures settled 3¢ higher at $14.13 3/4. July soybean futures are 5 1/2¢ higher at $14.01 3/4. New crop November soybean futures closed 5¢ higher at $12.43 3/4.

May wheat futures finished 10¢ lower at $6.42 1/4.

May soymeal futures closed $2.00 short term lower at $404.60.


May soy oil futures finished 1.10 higher at 54.61¢ per pound.

In the outside markets, the NYMEX crude oil market is +1.54 higher (+2.39%) at $65.98. The U.S. dollar is lower, and the Dow Jones Industrials are 268 points higher (+0.83%) at 32,646 points.

Mike

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At 8:45am:

 

Ag markets mostly rebound Thursday.

 

 

Mike

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4 Replies
roarintiger1
Honored Advisor

Re: Floor Talk March 11, 2021

So.....how is harvest, ship loading, and corn planting going is Sourh America?

It appears that the funds need some bullish news. 

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Hobbyfarmer
Honored Advisor

Re: Floor Talk March 11, 2021

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roarintiger1
Honored Advisor

Re: Floor Talk March 11, 2021

Thanks Hobby, You should be on Successful Farming’s payroll!