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marketeye
Veteran Advisor

Floor Talk, March 4, 2022 (The End)

AT THE CLOSE:

At the close, the May corn futures settled 6 1/2¢ higher at $7.54. July futures finished 17 3/4¢ higher at $7.21. December futures closed 17 3/4¢ higher at $6.29.

May soybean futures closed 7 1/4¢ lower at $16.60.

July soybean futures ended 1/4¢ higher at $16.33. New crop November soybean futures settled 3 3/4¢ lower at $14.50.

The May wheat futures contract ended on its daily limit, up 75¢ at $12.09.

May soymeal futures closed 7.00 per short ton higher at $460.40.


May soy oil futures finished 2.01 lower at 72.80 per pound.

In the outside markets, the crude oil market is $6.70 per barrel higher at $114.37, the U.S. Dollar is higher, and the Dow Jones Industrials are 303 points lower (-0.90%) at 33,491.

 

Thanks to everyone. God Bless

 

Mike

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

At 8:45am:

The war drives ag markets sky high Friday.

 

Mike

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3 Replies
roarintiger1
Honored Advisor

Re: Floor Talk, March 4, 2022 (The End)

Just a thought here. 
What if, while the Russian army is occupied to their southwest part of their country, China slips in their back door to the east?........Instead of attempting to take Taiwan.

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Hobbyfarmer
Honored Advisor

Re: Floor Talk, March 4, 2022 (The End)

Full again.

"GAVILON will be shutting off CORN today at noon as we are currently waiting on another train! Thanks!"

Beans shut off all week.

Eplant shut off today also.

Sold some cash corn this morning $7.53 delievery next week weather permitting.

Urea price has gone skyward.

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rickgthf
Senior Advisor

Re: Thanks for all your reporting,

Good Luck, Where are you off to?
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