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Veteran Advisor

Floor Talk September 15

At the close:

At the close:

At the close, the Dec. corn futures settled 3 cents lower at $3.90 1/2.  Nov. soybean futures closed 4 3/4 cents higher at $8.89.

Dec. wheat futures finished 6 1/2 cents lower at $4.94 3/4.

Dec. soymeal futures closed $4.60 per short ton higher at $317.40. Dec. soyoil futures ended $0.47 lower at $26.66. 

In the outside markets, the Brent Crude oil market is $0.47 higher per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 231 points higher.

Mike

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At mid-day:

At mid-day, the Dec. corn futures are trading 2 1/2 cents lower at $3.91.  Nov. soybean futures are trading 7 3/4 cents higher at $8.92.

Dec. wheat futures are 6 cents lower at $4.95.

Dec. soymeal futures are trading $4.10 per short ton higher at $316.90. Dec. soyoil futures are trading $0.29 lower at $26.84. 

In the outside markets, the Brent Crude oil market is $0.15 lower per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 177 points higher.

Mike

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At the open:

At the open, the Dec. corn futures are trading  1 3/4 cents lower at $3.91.  Nov. soybean futures are trading 4 1/2 cents higher at $8.88.

Dec. wheat futures are 51/4 cents lower at $4.96.

Dec. soymeal futures are trading $3.70 per short ton higher at $316.50. Dec. soyoil futures are trading $0.24 lower at $26.89. 

In the outside markets, the Brent Crude oil market is $0.34 higher per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 31 points higher.

Mike

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At 7:00am:

 

Early calls: Corn 1-2 cents lower, soybeans 1-2 cents higher, and wheat 2-4 cents lower.

 

Trackers:
Overnight grain, soybean markets = Trading mostly lower.
Brent Crude Oil = $0.17 higher.
Dollar =Lower.  
Wall Street = Seen flat, ahead of the Fed Reserve meeting tomorrow.

World Markets = Europe stocks were mixed, Asia/Pacific stocks were mixed.

 

 

 

More in a minute,

 

Mike

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