Serving Southeastern Minnesota and Western Wisconsin
        (651) 923-4496                        (800) 732-1439

Thursday, November 27, 2014  
 
Weather |  Futures |  Market News |  Headline News |  DTN Ag Headlines |  Charts |  Futures Markets |  Options |  Corn News |  Soybeans News |  US Ag News |  Portfolio 
 Home
 Locations
 Red Wing Bids
 Ag Partners Bids
 Benson Farm Service Bids
 Agronomy Contacts
 Daily Dairy Report
 Zumbrota Hay Auction
 Calendar
 USDA Reports
 Feedback
 eAgVantage AGP
 eAgVantage WWN
 eAgVantage WWAS
 eAgVantage BFS
 iview Red Wing Grain
 Employee Login
 Employee Login New
 
 
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Grains         11/26 06:04
   Wheat Leads Grains Higher

   December corn is up 2 1/4 cents, November soybeans are up 1 3/4 cents, and
December Chicago wheat is up 4 1/4 cents.

By Todd Hultman
DTN Analyst

6:00 a.m. CME Globex:   December corn is up 2 1/4 cents, November soybeans are
up 1 3/4 cents, and December Chicago wheat is up 4 1/4 cents.

CME Globex Recap:   All three grains are higher early Wednesday, helped by
active commercial demand for wheat and a lack of farmer-selling after the
harvest. Spot crude oil prices are staying near their lowest prices in four
years with the market eager to hear the result of Thursday's decision by OPEC.

OUTSIDE MARKETS:   The Dow Jones Industrial Average closed 2.96 points lower
Tuesday at 17,814.94. The overnight session has the Dow Jones futures up 16
points early on Wednesday indicating higher prices for U.S. stocks later
Wednesday morning. Asian markets are lower with the Nikkei down 45 points at
17,385. European markets are higher. The overnight crude oil market is up .16
at $74.25 while Brent crude is .30 higher at $78.63. The December gold contract
is $2.40 lower at $1,194.70 while the U.S. dollar index is up .09 at 88.01.
Malaysian palm oil contracts were modestly higher. Soybeans at the Dalian
Exchange were mixed. While the U.S. celebrates Thanksgiving on Thursday, OPEC
will decide whether or not to officially cut oil production in light of prices
at their lowest levels in four years. Many of OPEC's producers are under
financial strain, but so far comments from Saudi Arabia seem to suggest either
no change or only a modest reduction from current production levels of 30.0
million barrels per day, as estimated by the U.S. Energy Department. Crude oil,
gold, and the U.S. dollar will react to OPEC's decision, but the impact on
grain prices should be limited and they are showing no concern early Wednesday.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN