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Floor Talk October 21, 2020
At midsession:
At midsession, the Dec. corn futures are 4 1/4¢ higher at $4.13. March corn futures are 3¢ higher at $4.16.
Nov. soybean futures are 6 3/4¢ higher at $10.70 3/4. January soybean futures are 6 1/4¢ higher at $10.70 3/4.
Dec. wheat futures are 2¢ lower at $6.30.
Dec. soymeal futures are $6.10 per short ton higher at $378.00. Dec. soy oil futures are 0.18 cent lower at 33.13¢ per pound.
In the outside markets, the NYMEX crude oil market is $1.63 per barrel lower (3.91%) at $40.07. The U.S. dollar is lower, and the Dow Jones Industrials are 106 points (0.11%) lower.
Mike
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At 8:47am:
Wednesday brings a lot of green, for farm markets.
THanks,
Mike
https://www.agriculture.com/markets/analysis/ag-markets-start-the-week-higher-monday
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Re: Floor Talk October 21, 2020
There`s harvest delays in many areas, something to keep a eye on in this possible hand to mouth soybean supply.