market wrap 11.27.20

The Dow closed at 29,910.37 – up 37.90

The S&P 500 closed at 3,638.35 – up 8.70

The Nasdaq closed at 12,205.85 – up 111.44

Harvested field, Tuscany, Italy

USDA Weekly Export Inspections

Corn at 65 million bushels vs 30 million expected

Soybeans at 28 million bushels vs 7 million expected

Technical buying helped soybeans this past week

Brazilian weather is still dry in major soybean growing regions. Yield is a concern.

Published by mikebertelsen

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

%d bloggers like this: