Hoffman Ag Services Saturday, July 4, 2020  
 
 
 
Printable Page Grain   Return to Menu - Page 1 2 3 5 6 9 10 11 12 13
 
 
DTN Early Word Grains         07/02 05:54
   Grains Mixed as Weather Remains Supportive into Holiday

   Prices: September corn is up 1 1/4 cents per bushel, November soybeans are
up 1 cent, and September KC wheat is down 1 cent.

Tregg Cronin
DTN Contributing Analyst

   Pre-6 a.m. Globex Prices:  Prices: September corn is up 1 1/4 cents per
bushel, November soybeans are up 1 cent, and September KC wheat is down 1 cent.

   CME Globex Recap:  Global equity markets are higher around the globe
overnight ahead of the latest U.S. payroll data which is expected to show more
than three million jobs added during the month of June. If confirmed, it would
be the second straight month of gains following the 20.7 million jobs lost in
April as the United States slowly climbs back from the coronavirus pandemic.
Energy markets are higher while precious metals are mixed with gold firmer and
silver slightly weaker. Grain markets are mixed with row crops firmer and wheat
weaker as corn and soybeans attempt to add to an impressive week of trade.
Three-day weekends during the growing season can add a lot of volatility given
how many times weather models can change by the time markets reopen. Additional
short-covering into the weekend would not surprise as funds lighten risk until
forecasts look less problematic.

   OUTSIDE MARKETS:  Previous closes on Wednesday showed the Dow Jones
Industrial Average down 77.91 at 25,734.97 and the S&P 500 up 15.57 at 3,100.29
while the 10-Year Treasury yield ended at 0.682%. Early Thursday, the September
DJIA futures are up 207 points. Asian markets are higher with Japan's Nikkei
225 up 24.23 (0.11%) and China's Shanghai Composite up 64.59 points (2.13%).
European markets are higher with London's FTSE 100 up 55.1 points (0.89%),
Germany's DAX up 248.21 points (2.02%) and France's CAC 40 up 83.71 points
(1.7%). The September Euro is up 0.005 at 1.130 and the September U.S. dollar
index is down 0.310 at 96.845.  The September 30-Year T-Bond is up 8/32nds,
while August gold is up $4.00 at $1,783.90 and August crude oil is up $0.28 at
$40.10. Soybeans on China's Dalian Exchange were down 0.04% while soybean meal
was up 1.15%.
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN