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marketeye
Veteran Advisor

Floor Talk March 12, 2021

At midsession:

At midsession, the May corn futures are 1 3/4¢ higher at $5.40 1/2. July corn futures are 1 1/4¢ higher at $5.29 1/2. New crop December corn futures are 3 3/4¢ lower at $4.79 3/4.

May soybean futures are 1/4¢ lower at $14.13. July soybean futures are 1/4¢ higher at $14.01 3/4. New crop November soybean futures are 1 1/2¢ lower at $12.42 3/4.

May wheat futures are 2 1/4¢ lower at $6.40 1/4.


May soymeal futures are $3.40 short term lower at $401.40.


May soy oil futures are 0.93 higher at 55.54¢ per pound.

In the outside markets, the NYMEX crude oil market is -0.12 higher (+0.18%) at $66.14. The U.S. dollar is higher, and the Dow Jones Industrials are 154 points higher (+0.47%) at 32,639 points.

Mike

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At 8:45am:

Soybean market pressure prevails Friday.

 

Mike

 

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