Daily News Reports »

Bob Larson Marketline Report for Friday, November 30th
by Bob Larson, click here for bio

Program: Market Line
Date: November 30, 2018

Click on the play button to listen to report.

Download Report: Marketline_Report_for_Friday,_November_30th.mp3

This is Bob Larson with the Market Line Report for Friday, Nov 30th. Possible harvest lows for corn in Thursday trading. From the floor of the CME in Chicago, here’s Terry Roggensack.

ROGGENSACK … “We’re very oversold technically and we had to buy signals in the slow stochastic numbers for the corn market this week and March corn managed to turn up from very key technical support at $368 ¼ for that March contract. Going into this weekend a very big ‘deal or no deal’ type weekend between China and the U.S. on trade negotiations on a big deal. Grain markets will rally significantly on no deal. However, the downside seems quite limited when you look at the corn market on the lack of a deal with China.”

Chicago Dec Wheat prices closed yesterday dn 1 at 496 ½

Dec Corn was dn ¼ at 361

Portland prices for soft white wheat of Ordinary Protein for Nov ended the day unch ranging from 6-15 to 6-30 Hard Red Winter wheat with 11 ½ % protein, prices for Dec were up 45 ½ ranging from 6-52 ½ to 6-62 ½ DNS wheat with 14 % protein, prices for Nov were dn 3 ½ ranging from 6-73 to 6-80

Live Cattle for Dec were dn $.17 ½ at 116.55 Jan Feeder cattle are dn $1.72 ½ to 146.42 ½ Nov Class III milk was dn .02 cents at 14.47

Recent Reports from Market Line

Click here to see Archived Reports