At the close:
At the close, the Dec. corn futures settled 1 3/4 cents lower at $3.79 3/4. Nov. soybean futures ended 3 1/4 cents lower at $8.95 1/2.
Dec. wheat futures closed 1/4 of a cent lower at $4.90 1/2.
Dec. soymeal futures settled $2.70 per short ton lower at $305.10. Dec. soyoil futures closed $0.28 lower at $28.57.
In the outside markets, the Brent Crude oil market is $0.70 lower per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 187 points higher.
Mike
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At mid-day:
At mid-day, the Dec. corn futures are trading 1 3/4 cents lower at $3.76. Nov. soybean futures are trading 3 1/2 cents lower at $8.95.
Dec. wheat futures are trading 3 1/2 cents lower at $4.87.
Dec. soymeal futures are $2.90 per short ton lower at $304.90. Dec. soyoil futures are trading $0.26 lower at $28.59.
In the outside markets, the Brent Crude oil market is $0.76 lower per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 110 points higher.
Mike
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At the open:
At the open, the Dec. corn futures are trading 1 cent lower at $3.77. Nov. soybean futures are trading 2 3/4 cents lower at $8.96.
Dec. wheat futures are trading 1/4 of a cent lower at $4.90.
Dec. soymeal futures are $1.70 per short ton lower at $306.90. Dec. soyoil futures are trading $0.12 lower at $28.73.
In the outside markets, the Brent Crude oil market is $0.04 lower per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 110 points higher.
Mike
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At 7:25am:
Early talk amounts to corn harvest completion rate, as of this Sunday, with 75% projected. Also, soybean harvest is estimated at 87%. So, almost done. Also, due to end-user demand, the basis has improved in many areas, lately. Are you seeing this in your area?
This afternoon's COT report is eyed. Will the funds keep buying into these ag commodities?
Thanks,
Mike
At 6:25am:
Early calls: Corn 1-2 cents lower, soybeans 1-3 cents lower and wheat 2-4 cents higher.
Trackers:
Overnight grain, soybean markets = Trading mostly lower.
Brent Crude Oil = $0.21 higher.
Dollar =Higher.
Wall Street = Seen higher, with tech earnings eyed.
World Markets = Europe stocks were higher, Asia/Pacific stocks were higher.
More in a minute,
Mike
