Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 
DTN Early Word Grains         09/18 05:53
   Row-Crop Markets Trade Harvest Weather, U.S.-China Trade Summit

   December corn is down 1/4 cent per bushel, November soybeans are down 12 3/4
cents, December KC wheat is down 2 3/4 cents, December Chicago wheat is down 3
1/2 cents, and MIAX December Minneapolis wheat is down 0.0175 cents.

Mike McGinnis
DTN Contributing Analyst

   EARLY MORNING GLOBEX NET CHANGES: December corn is down 1/4 cent per bushel,
November soybeans are down 12 3/4 cents, December KC wheat is down 2 3/4 cents,
December Chicago wheat is down 3 1/2 cents, and MIAX December Minneapolis wheat
is down 0.0175 cents.

   CME GLOBEX RECAP: On Thursday, December corn dropped 1 1/2 cents, November
soybeans rose 1 3/4 cents, and December KC wheat rose 3 1/4 cents. Soybean,
corn, hard red winter wheat, and spring wheat basis were steady Thursday, while
soft red winter wheat basis was stronger. Markets were weaker Thursday, with
corn leading as harvest activity picked up. Soymeal prices were up for a second
straight day as crush margins rose and wet weather delayed harvest in some
areas. In contrast, the soybean oil market was pressured by a weakening crude
oil market and meal-oil spreading. On Friday, USDA will release the September
Cattle on Feed report at 2 p.m. CDT. Shortly after, CFTC will wrap up the week
with the weekly Commitments of Traders report, updating positions as of
Tuesday, September 15.

   OUTSIDE MARKETS: The previous close on Thursday showed the Dow Jones
Industrial Average up 316.14 at 51,778.04 and the S&P 500 up 85.95 at 7,637.76.
The 10-Year Treasury yield ended at 4.947%. Early Friday, the December Dow
Jones Futures are down 6 points. European markets are lower, with spot futures
for London's FTSE 100 down 0.7%, spot futures for Germany's DAX down 0.84%, and
spot futures for France's CAC 40 Index down 0.74%. Asian markets are higher,
with Japan's Nikkei 225 Index up 1.38% and China's Shanghai Composite Index up
0.94%.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN