Corn and soybean oil backed off overnight highs in a pause of the recent bullish move, while wheat, meal and beans finished mildly higher. Gulf terminals are closer to returning to normal, with a report of 14 vessels loading at recently reopened facilities. China returned to by 4.85 mb of U.S. beans following Wednesday’s cancellations.
GENERAL COMMENTS:
December corn closed down 4 cents per bushel and December corn was down 4 cents. November soybeans closed up 1 1/2 cents and November soybeans were up 1 1/2 cents. December KC wheat closed up 4 1/2 cents, December Chicago wheat was up 3/4 cent and December Minneapolis wheat was up 2 3/4 cents.
The December U.S. Dollar Index is trading up 0.366 at 92.900. The Dow Jones Industrial Average is down 79.37 points at 34,735.02. December gold is down $38.80 at $1,756.00, December silver is down $0.97 at $22.83 and December copper is down $0.1435 at $4.2630. October crude oil is down $0.00 at $72.61, October heating oil is up $0.0053, October RBOB is down $0.0245 and October natural gas is down $0.127.
