cancel
Showing results for 
Search instead for 
Did you mean: 
Veteran Contributor

Floor Talk November 4

At the close:

At the close, the December corn futures finished 3/4¢ higher at $3.48 3/4, while March futures finished 1/2¢ higher at $3.57 1/2 per bushel. November soybean futures finished 1 3/4¢ higher at $9.81 1/2, while January soybean futures closed 1 1/4¢ higher at $9.90 3/4. December wheat futures ended 2 1/4¢ higher at $4.14 1/4. December soy meal futures ended $2.60 short ton higher at $309.00. December soy oil futures settled $0.39 lower at 34.71¢ per pound.  In the outside markets, the Brent crude oil market is $0.56 per barrel lower, the U.S. dollar is lower, and the Dow Jones Industrials are 7 points higher.

 

 

Mike

-----------

At mid-session:

At mid-session, the December corn futures are 1 1/4¢ higher at $3.49, while March futures are 1 1/4¢ higher at $3.58 per bushel. November soybean futures are 2 1/2¢ higher at $9.82, while January soybean futures are 2¢ higher at $9.91. December wheat futures are 1 1/4¢ higher at $4.13. December soy meal futures are $2.50 short ton higher at $308.90. December soy oil futures are $0.39 lower at 34.71¢ per pound.  In the outside markets, the Brent crude oil market is $0.63 per barrel lower, the U.S. dollar is lower, and the Dow Jones Industrials are 32 points higher.

 

 

Mike

---------

At 9am:

In early trading, the December corn futures are 2¢ lower at $3.46, while March futures are 2¢ lower at $3.55 per bushel. November soybean futures are 1 1/4¢ lower at $9.78, while January soybean futures are 2 1/4¢ lower at $9.87. December wheat futures are 1¢ lower at $4.11. December soy meal futures are $1.30 short ton higher at $307.70. December soy oil futures are $0.45 lower at 34.65¢ per pound.  In the outside markets, the Brent crude oil market is $0.52 per barrel lower, the U.S. dollar is higher, and the Dow Jones Industrials are 2 points higher.

 

 

Mike

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

Corn and beans were lower in overnight trading amid uncertainty over the size of both crops and Tuesday's election. Traders in both commodities and equities are sitting on the sidelines, waiting to see what happens next week, uncertain over which way markets will go when the election is finally over. The good news is that export sales were extremely strong with corn sales near 1.5 million tons and soybeans topping 2.5 million. 

 

Here's what happened overnight:

 

Brent Crude Oil = 0.2% lower. 
West Texas Intermediate Crude Oil = 0.1% higher.

Dollar = up 0.1%.

Wall Street = U.S. stock futures higher in overnight trading.
World Markets = Global stocks rise amid Brexit controversy.

0 Kudos