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Floor Talk October 5
At the close:
At the close, the Dec. corn futures settled 4 1/4 cents higher at $3.93 1/2. Nov. soybean futures finished 10 cents higher at $8.84 1/2.
Dec. wheat futures closed 2 1/4 cents higher at $5.15 1/2.
Dec. soymeal futures closed $2.60 per short ton higher at $303.80. Dec. soyoil futures are trading $0.60 higher at $28.66.
In the outside markets, the Brent Crude oil market is $1.15 higher per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 286 points higher.
Mike
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At 7:00am:
Early calls: Corn 1-2 cents higher, soybeans 5-6 cents higher and wheat 3-5 cents higher.
Trackers:
Overnight grain, soybean markets = Trading higher.
Brent Crude Oil = $0.60 higher.
Dollar =Lower.
Wall Street = Seen higher, with earnings, data ahead.
World Markets = Europe stocks were higher, Asia/Pacific stocks were higher.
More in a minute,
Mike
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Re: Floor Talk October 5
I've got 4 words for you today........Crop... insurance... price...rally...