Showing posts with label ECON 101. Show all posts
Showing posts with label ECON 101. Show all posts

Tuesday, May 24, 2011

Grain Markets - Opening Calls June 24th; Mixed calls for commodities!

The grain markets are called mixed this a.m. behind a mixed overnight session and mixed to supportive outside markets.

In the overnight session old crop corn was down 5 cents, new crop corn was up a penny, beans where up 6-8 cents, KC wheat was off a penny, MPLS wheat was down 2, and CBOT wheat was off 6 cents.  At 9:15 outside markets have European wheat off about 1%, crude is up about 2.00 a barrel, the US dollar is weaker with the cash index down 211 at 75.893, and equities are bouncing a little this a.m. with the DOW up 33 points.