At midsession:
At midsession, the December corn futures are 3 3/4¢ lower at $3.63 3/4. March futures are 3 1/2¢ lower at $3.74 3/4.
January soybean futures are 6 1/2¢ lower at $8.82 1/4. March soybean futures are 6 1/2¢ lower at $8.95 3/4.
December wheat futures are even at $5.05.
December soymeal futures are 1.60¢ per short ton higher at $307.00.
December soy oil futures are 0.40 lower at 27.29¢ per pound.
In the outside markets, the NYMEX crude oil market is $0.31 higher, the U.S. dollar is lower, and the Dow Jones Industrials are 13 points higher.
Mike
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At 9:18am:
If you missed it, the USDA released its delayed Weekly Export Sales Report Friday. Here are the totals:
Corn= 893,900 metric tons, up 27 percent from the previous week and 95 percent from the prior 4-week average. The trade expected between 500,000-1,000,000 mt.
Soybeans= 470,900 mt. up 47 percent from the previous week and 54 percent from the prior 4-week average. The trade expected between 400,000-700,000 mt.
Wheat= 438,300 mt., down 34 percent from the previous week and 18 percent from the prior 4-week average. The trade expected sales between 400,000-650,000 mt.
What say you?
Thanks,
Mike
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At 8:50am:
In early trading, the December corn futures are 1 3/4¢ lower at $3.66. March futures are 1¢ lower at $3.77.
January soybean futures are 1¢ higher at $8.89. March soybean futures are 3/4¢ higher at $9.03.
December wheat futures are 1 3/4¢ higher at $5.07.
December soymeal futures are 2.90¢ per short ton higher at $308.30.
December soy oil futures are 0.16 lower at 27.53¢ per pound.
In the outside markets, the NYMEX crude oil market is $1.05 higher, the U.S. dollar is lower, and the Dow Jones Industrials are 22 points lower.
Mike
