|
Contract |
Net Chg |
Last |
High |
Low |
|
Mpls Wheat Dec'11 |
-4'6 |
899'0 |
906'4 |
891'0 |
|
KC Wheat Dec'11 |
-4'0 |
707'0 |
713'4 |
703'0 |
|
Chi Wheat Dec'11 |
-1'6 |
625'0 |
630'4 |
618'4 |
|
Corn Dec'11 |
-7'6 |
633'0 |
643'0 |
631'4 |
|
Soybeans Nov'11 |
-8'0 |
1231'4 |
1241'2 |
1230'6 |
Grains-
Opening indications for the grain markets this a.m. are weaker, with corn called 6-8 lower, same for beans, and wheat down just 1-3. Macro markets are the lead indicator this morning, with the equities markets on the defensive, and the dollar stronger. Weekly export sales won`t be released until Friday because of the Columbus Day Holiday. We view today`s grain markets closes as an important indicator of near term direction.
Tim Roth
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