DTN Market Commentary
DTN Early Word Grains 10/05 05:50
10/5/2022 - 06:21:00
DTN Early Word Grains 10/05 05:50 Crop Prices Starting Lower as Interest Rate Concerns Return December corn was down 2 cents, November soybeans were down 9 cents and December KC wheat was down 4 cents. Todd Hultman DTN Lead Analyst EARLY GLOBEX PRICES: December corn was down 2 cents, November soybeans were down 9 cents and December KC wheat was down 4 cents. CME GLOBEX RECAP: Early Wednesday, stock futures in the U.S. were starting lower, in line with European stocks and Treasuries after a two-day reprieve from interest rate worries. The U.S. Commerce will report on the August trade deficit at 7:30 a.m. CDT Wednesday and provide USDA will more specific information about ag exports. At 9:30 a.m., the Energy Department will release its weekly inventory data, including ethanol production. OUTSIDE MARKETS: Previous closes Tuesday showed the Dow Jones Industrial Average up 825.43 at 30,316.32 and the S&P 500 up 112.50 at 3,790.93, while the 10-Year Treasury yield fell to 3.62%, down from the highest yield in 12 years. Early Wednesday, December Dow Jones futures are trading down 280 points. Asian markets are higher with Japan's Nikkei 225 index up 0.48%. European markets are lower with the spot futures of the London FTSE 100 trading down 1.13%, spot futures of Germany's DAX trading down 0.73% and spot futures of France's CAC Index trading down 0.67%. The December euro is down $0.0053 at $1.0. The December U.S. Dollar Index is up 0.54 at 110.53. The December 30-year T-bond is down 1 6/32nds, while December gold is down $7.40 at $1,723.10 and November crude oil is down $0.51 at $86.01. December Malaysian palm oil is trading up 2.2%. There are no quotes from China's Dalian exchange or stock market this week due to a national holiday.
FULL CIRCLE AG NEWS
Oct 03, 2022 | Full Circle Ag
Let's work together.
Aug 22, 2022 | Full Circle Ag
At the end of July, the 2022 Tomorrow’s Ag Leaders (TAL) group spent their third session in Washington, DC, and met with Congressman Dusty Johnson and Senators John Thune and Mike Rounds.
Aug 10, 2022 | Full Circle Ag
Meet Garret Thompson, our new Sales Agronomist in Doland.