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Veteran Advisor

Floor Talk November 4, 2020 (Election Week)

At the close:

At the close, the Dec. corn futures settled 4 1/4¢ higher at $4.05 1/4. March corn futures ended 5 1/4¢ higher at $4.11 3/4.

January soybean futures finished 22¢ higher at $10.86 1/4. March soybean futures closed 22¢ higher at $10.79.

Dec. wheat futures settled 2¢ lower at $6.06.

Dec. soymeal futures closed $8.50 per short ton higher at $385.70.

 Dec. soy oil futures finished 0.61 cent higher at 34.39¢ per pound.



In the outside markets, the NYMEX crude oil market is $1.37 per barrel higher (3.64%) at $39.03. The U.S. dollar is higher, and the Dow Jones Industrials are 447 points (1.63%) higher at 27,927 points.

 

Mike

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At 8:45am:

 

The soybean market continues to lead the way, Wednesday.

 

Thanks,

 

Mike

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