Floor Talk November 24

[marketeye]

At the close:

At the close, the March corn futures settled 3 1/2 cents lower at $3.69 1/2.  January soybean futures ended 1/2 of a cent lower at $8.63 3/4. 
March wheat futures ended 9 1/4 cents lower at $4.88 1/2. 
Jan. soymeal futures closed $2.00 per short term lower at $283.90. Jan. soyoil futures closed $0.40 higher at $28.59.  
In the outside markets, the Brent Crude oil market is $1.35 higher per barrel, the U.S. dollar is lower, and the Dow Jones Industrials are 41 points higher.

Mike

--------

At mid-session:

At mid-session, the March corn futures are trading 2 3/4 cents lower at $3.70.  January soybean futures are trading 3 1/4 cents higher at $8.67. 
March wheat futures are trading 7 3/4 cents lower at $4.90. 
Jan. soymeal futures are $1.60 per short term lower at $284.30. Jan. soyoil futures are trading $0.60 higher at $28.79.  
In the outside markets, the Brent Crude oil market is $1.51 higher per barrel, the U.S. dollar is lower, and the Dow Jones Industrials are 3 points lower.

Mike

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

At the open:

At the open, the Dec. corn futures are trading 2 3/4 cents lower at $3.70.  January soybean futures are trading 1/2 of a cent lower at $8.63. 
March wheat futures are trading 2 1/4 cents lower at $4.95. 
Jan. soymeal futures are unchanged at $285.90. Dec. soyoil futures are trading $0.05 higher at $28.24.  
In the outside markets, the Brent Crude oil market is $0.99 higher per barrel, the U.S. dollar is lower, and the Dow Jones Industrials are 58 points lower.

Mike

-----------

At 7:51 am:

Early calls: Corn 2-4 cents lower, soybeans 1-2 cents lower and wheat 3-5 cents lower.

Trackers:
Overnight grain, soybean markets = Trading lower.
Brent Crude Oil = $1.00 higher.
Dollar =Lower.  
Wall Street = Seen lower, amid news of a Russian jet being shot out of the air Tuesday.

World Markets = Europe stocks were lower, Asia/Pacific stocks were lower.

More in a minute,

Mike