11/21/2023
Nov 21, 2023
January soybeans have now traded a sixty-cent range over the past two days which includes their lowest quote since November 3 and also trading within a dime of the 3-month highs set just last week. Today's session created quite the ride for bean trade. The overnight session was steady-higher in quiet fashion but we quickly traded up to 22 cents higher shortly after the 8:30 re-opening. Soybeans then faded quickly, briefly traded 2-3 cents lower, and then returned to higher trade to finish 8-10 cents higher on Tuesday. Once again, corn just chugged along with the strength from the wheat and soy markets having limited affect. Corn traded 5-6 cents higher alongside the early push in soybeans and managed modest gains of 1/2-3 cents higher. There were no sale announcements from the USDA this morning.
Market schedule for the remainder of the week: Market opens tonight at 7:00pm, Wed: 8:30am - 1:15pm, no markets Wednesday night or Thursday. A short session will trade on Friday from 8:30 am - Noon. Not a bad time to have those crazy sell orders working!
Glacial Plains will be closed Thursday and Friday for Thanksgiving.
Market schedule for the remainder of the week: Market opens tonight at 7:00pm, Wed: 8:30am - 1:15pm, no markets Wednesday night or Thursday. A short session will trade on Friday from 8:30 am - Noon. Not a bad time to have those crazy sell orders working!
Glacial Plains will be closed Thursday and Friday for Thanksgiving.