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Veteran Advisor

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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Honored Advisor

Re: Floor Talk October 5

I've got 4 words for you today........Crop... insurance... price...rally...       Smiley Wink

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