market wrap 10.08.20

The Dow closed at 28,425.51 – up 122.05

The S&P 500 closed at 3,446.83 – up 27.38

The Nasdaq closed at 11,420.98 – up 56.38

The Russell 2000 closed at 1,628.55 – up 17.51

USDA harvest report has U.S. corn harvest at 25% complete vs the 5-year average of 24%.

In Illinois corn harvest at 26% vs the 5-year average of 39%.

Soybean harvest at 38% complete nationwide vs 28% for the 5-year average.

Illinois soybean harvest at 25% vs 33% for the 5-year average.

Weekly ethanol production at 6.4 million barrels – up 4.8% from last week.

USDA Weekly Exports Report

Corn at 48.25 million bushels vs 27.8 million expected

Soybeans at 95.2 million bushels vs 13.4 million expected


374,000 metric tonnes of U.S. soybeans to China

152,400 metric tonnes of U.S. soybeans to Mexico

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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