cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Veteran Advisor

Floor Talk November 13, 2020

At the close:

At the close, the Dec. corn futures finished 2 1/4¢ higher at $4.10 3/4. March corn futures settled 1 1/4¢ higher at $4.19.

January soybean futures closed 2 1/2¢ higher at $11.48 1/2. March soybean futures closed 3 3/4¢ higher at $11.48.

Dec. wheat futures closed 5 1/2¢ higher at $5.93 1/2.

Dec. soymeal futures settled unchanged at $388.10.


Dec. soy oil futures closed 0.20 cent higher at 37.25¢ per pound.



In the outside markets, the NYMEX crude oil market is $0.95 per barrel lower (-2.31%) at $40.17. The U.S. dollar is lower, and the Dow Jones Industrials are 377 points higher (+1.30%) 29,457 points.

 

Mike

--------

At midsession:

At midsession, the Dec. corn futures are 2¢ higher at $4.10 3/4. March corn futures are 1 1/4¢ higher at $4.19.

January soybean futures are 7 3/4¢ higher at $11.53 1/2. March soybean futures are 7 3/4¢ lower at $11.52 1/2.

Dec. wheat futures are 5 1/2¢ higher at $5.93 1/2.

Dec. soymeal futures are $1.00 per short ton higher at $389.10.


Dec. soy oil futures are 0.20 cent higher at 37.25¢ per pound.



In the outside markets, the NYMEX crude oil market is $0.84 per barrel lower (-2.04%) at $40.28. The U.S. dollar is lower, and the Dow Jones Industrials are 281 points higher (+0.97%) 29,361 points.

 

Mike

--------

At 9am:

 

Soybeans lead Friday's trade.

 

Mike

0 Kudos
2 Replies
Highlighted
Honored Advisor

Re: Floor Talk November 13, 2020

So.........big run up in prices after the bullish report.  Then, a big decline because......well,  anyone?

Looks like China got yet another buying opportunity.  

0 Kudos
Highlighted
Veteran Advisor

Say corn toward $550

Maybe 6 plus too. 

Beans to mid to 12s ...and maybe the Teens. 

0 Kudos