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Veteran Advisor

Floor Talk September 29, 2020

At the close:

At the close, the Dec. corn futures finished 2¢ lower at $3.64 1/2. March corn futures finished 1 1/2¢ lower at $3.74.

Nov. soybean futures closed 3 1/4¢ lower at $9.93. January soybean futures ended 3 1/4¢ lower at $9.97.

Dec. wheat futures settled 3/4¢ lower at $5.49 1/2.


Dec. soymeal futures finished $2.00 per short ton lower at $331.90.

Dec. soy oil futures closed $0.42 cent lower at 32.69¢ per pound.



In the outside markets, the NYMEX crude oil market is $1.47 per barrel lower at $39.13. The U.S. dollar is lower, and the Dow Jones Industrials are 63 points lower.

 

Mike

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At midsession:

At midsession, the Dec. corn futures are 4 1/4¢ lower at $3.62 1/2. March corn futures are 3¢ lower at $3.72 1/4.

Nov. soybean futures are 5¢ lower at $9.91 3/4. January soybean futures are 5¢ lower at $9.95 1/4.

Dec. wheat futures are 3¢ lower at $5.47 1/2.


Dec. soymeal futures are $1.90 per short ton lower at $332.00. 

Dec. soy oil futures are $0.66 cent lower at 32.45¢ per pound.



In the outside markets, the NYMEX crude oil market is $2.08 per barrel lower at $38.52. The U.S. dollar is lower, and the Dow Jones Industrials are 195 points lower.

 

Mike

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At 9am:

Full markets story:

Ag markets fade the Wednesday USDA Report.

 

Mike

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Veteran Contributor

Re: Floor Talk September 29, 2020

No reason for these prices to drop expect traders greed and stupidity