Friday trade soft in corn as we are looking at a decent weekend for rains and no extreme temps in the corn growing belt. 529 1/2 Sept close, off 7 1/4. Wheat down 3 in sympathy, 615. Rice had a dime bounce to 1286 1/2 and it sure appears that someone out there is willing to own this market below 80. It will be interesting to see how the players react to what I suspect will be a soft WASDE rice report Monday. Beans up 14 to 1379 1/4, nearly back to Thursdays highs and oil is back to leading. Dow erases all of Thursday losses and more, 34,751, plus 457, while the bonds finally set back, 162.20, off a point and 10 tics. WASDE Monday at 11.
Comments are closed.
|
Archives
November 2023
|
Services |
Company |
|