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Floor Talk September 22, 2020
At the close:
At the close, the Dec. corn futures finished 1/2¢ lower at $3.69 1/4. March corn futures settled 1/2¢ lower at $3.78 3/4.
Nov. soybean futures ended 2 3/4¢ lower at $10.19 1/2. January soybean futures finished 3¢ lower at $10.24 1/4.
Dec. wheat futures finished 3 1/4¢ higher at $5.58.
Dec. soymeal futures ended $2.90 per short ton higher at $341.00. Dec. soy oil futures closed $0.60 cent lower at 33.60¢ per pound.
In the outside markets, the NYMEX crude oil market is $0.24 per barrel higher at $39.55. The U.S. dollar is higher, and the Dow Jones Industrials are 100 points higher.
Mike
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At midsession:
At midsession, the Dec. corn futures are 1/2¢ higher at $3.70 1/4. March corn futures are 1/2¢ higher at $3.79 3/4.
Nov. soybean futures are 5 1/4¢ higher at $10.27 1/2. January soybean futures are 5¢ higher at $10.32 1/4.
Dec. wheat futures are 5¢ higher at $5.59 1/4.
Dec. soymeal futures are $4.60 per short ton higher at $342.70. Dec. soy oil futures are $0.29 cent lower at 33.91¢ per pound.
In the outside markets, the NYMEX crude oil market is $0.23 per barrel higher at $39.54. The U.S. dollar is higher, and the Dow Jones Industrials are 66 points lower.
Mike
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At 8:45am:
U.S. soybean and corn exports to China are hotter than a pancake.
See Tuesday's turnaround action here.
Mike
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Re: Floor Talk September 22, 2020
Pancakes must have been cold today.