World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and oilseed futures were relatively quiet in low volume trade ahead of the weekend. Funds were light sellers of corn and soybeans and light buyers of wheat. General Comments It was a sad day today not because the markets continued to be weak, but due to this being the start of the last, long holiday weekend of the summer across the United States. U.S. markets are closed Monday, 7 September, and CME futures markets will reopen that evening at 8 p.m. (EDT).China's markets were closed again for the second day. Part of today's weakness in the financial markets was a result of the uncertainty about how that country will trade Monday when U.S. markets will still be closed. There is also quite a bit of economic data from China that will be...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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From WPI Consulting

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