At the close:
At the close, the Dec. corn futures settled 4 cents higher at $3.80 1/2. Nov. soybean futures finished 3/4 of a cent higher at $8.78 1/2.
Dec. wheat futures ended 8 1/2 cents higher at $5.16 1/2.
Dec. soymeal futures closed $0.90 per short ton lower at $301.30. Dec. soyoil futures closed $0.30 higher at $28.15.
In the outside markets, the Brent Crude oil market is $1.70 higher per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 89 points higher.
Mike
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At the open:
At the open, the Dec. corn futures are trading 2 cents higher at $3.78. Nov. soybean futures are trading 4 cents higher at $8.81.
Dec. wheat futures are trading 3 3/4 cents higher at $5.11.
Dec. soymeal futures are $1.50 per short ton higher at $303.70. Dec. soyoil futures are trading $0.16 higher at $28.01.
In the outside markets, the Brent Crude oil market is $0.81 higher per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 9 points higher.
Mike
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At 7:30am:
INTL FCStone Monday estimated the U.S. corn yield at 168.0 bushels per acre, up a bushel from Oct and even with the USDA. Soybean yields at 47.5
Informa Economics releases today.
Mike
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At 7:00am:
Early calls: Corn 1-2 cents lower, soybeans 1-2 cents lower and wheat 1-4 cents lower.
Trackers:
Overnight grain, soybean markets = Trading lower.
Brent Crude Oil = $0.39 higher.
Dollar =Higher.
Wall Street = Seen lower, with a big week for data.
World Markets = Europe stocks were lower, Asia/Pacific stocks were lower.
More in a minute,
Mike
