Corn futures closed out the day a little firmer. Short covering by funds continued to offer some support to the corn market again today. Other fresh news in corn has been pretty limited. Soybeans were fractionally lower after spending much of the session in lower territory. Some correction from Friday’s stronger session was noted for weakness however along with concerns over dry weather in Argentina easing over the weekend. Outside markets saw a slightly firmer U.S. Dollar Index along with the Dow running 70 points higher; Crude Oil was around 34 cents lower in later trade.
Have A Good Evening!
Thanksgiving Schedule Wednesday, November 22nd: Grain markets will close at normal time. Both Dalton City and Bethany locations will close at 2:00PM.
Thursday, November 23rd: Grain markets will be closed; there will be no overnight session. Both Dalton City and Bethany locations will be closed.
Friday, November 24th: Grain markets will begin trading at 8:30AM and close early at 12:05PM. Both Dalton City and Bethany locations will be closed. Normal trading hours will resume Sunday night at 7:00PM.
This data and these comments are provided for information purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. The risk of loss in trading futures and/or options is substantial. Each investor must consider whether this is a suitable investment. When trading futures and/or options, it is possible to lose more than the full value of your account.
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