On this day in 2007, the Dow Jones hit an all-time high at _______ points before the financial crisis (within 1k either way)
Look below for the answer
Grain Market Insight
Morning Grain Comments 10-9-2024 – The grain markets eased into the night session with all of the grains opening lower then moved higher with wheat leading the way to the up side. The StoneX Quick Editorial (QE) this morning stated, “soybeans and meal drove an overnight recovery but the feed grains have the better stories heading into Friday’s USDA Oct S&D; corn has to roll in lower old-crop stocks and the trade is expecting a crop decline also…” The October WASDE is scheduled to be released Friday at 11:00 a.m. In world grain trade news, Algeria purchased up to 20.9 million bushels of milling wheat reportedly coming from the Black Sea region, flour millers in South Korea purchased 1.1 million bushels of wheat from the U.S., Japan has tendered for 2.4 million bushels of feed wheat and 1.1 million bushels of feed barley, and Jordan did not make a purchase in their most recent tender for up to 4.4 million bushels of milling wheat so they will likely tender again soon. At the end of the night session at 7:45 this morning, Kansas City December wheat was 6.75 cents higher, Chicago December corn was up 2 cents, and Chicago November soybeans were 2 cents higher. Have wonderful day.
Afternoon Grain Comments 10-8-24- StoneX reporting, “China returned from holiday and their oilseed market collapsed on heavy selling. The Dalian dropped the equivalent of 70 cents/bu and meal dropped 17 dollars/st. The contagion spread to the US markets with no bullish fundamental input on from the Western Hemisphere.” Weather outlooks are showing no rain for the next 15 days for the corn belt. In world news, Rosario Exchange says Argentina’s dryness is significant and recent rains haven’t erased their yield loss. They are still expected to reduce the crop estimate in the next update. At the close, cash wheat was a penny higher, milo and corn were 5 cents lower and soybeans were 18 cents lower. Have a good evening.
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Futures
@C - CORN - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
Dec 24
420'2
423'4
420'0
421'2
0'2
421'0s
01:30P
Mar 25
437'4
441'0
437'2
438'6
-0'2
438'0s
01:30P
May 25
446'6
450'0
446'4
447'2
-0'2
447'2s
01:30P
Jul 25
453'0
455'4
452'2
453'0
0'0
453'2s
01:30P
Sep 25
447'6
450'4
447'6
448'0
-0'2
448'2s
01:30P
Dec 25
453'4
456'0
452'6
453'0
-0'4
453'4s
01:30P
Mar 26
464'2
466'4
463'6
464'0
-0'4
464'0s
01:30P
May 26
471'2
472'2
469'6
469'6
-0'4
469'6s
01:30P
@KW - HARD RED WINTER WHEAT - KCBT
Month
Open
High
Low
Last
Change
Close
Time
More
Dec 24
601'6
614'4
601'6
608'4
5'0
608'6s
01:30P
Mar 25
620'0
630'4
619'4
625'0
4'6
625'0s
01:30P
May 25
630'0
641'2
630'0
635'4
4'2
635'0s
01:21P
Jul 25
636'0
647'0
636'0
642'0
4'2
641'6s
01:30P
Sep 25
646'0
657'4
646'0
652'4
4'2
651'6s
01:30P
Dec 25
670'0
670'0
661'6
664'2
4'0
665'2s
01:20P
Mar 26
670'6
3'4
674'4s
01:20P
May 26
667'0
3'4
672'4s
01:20P
@S - SOYBEANS - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
Nov 24
1015'0
1027'2
1011'4
1021'4
4'0
1020'2s
01:30P
Jan 25
1032'4
1045'2
1029'6
1038'2
2'4
1037'0s
01:21P
Mar 25
1048'4
1060'2
1045'0
1053'4
2'2
1051'4s
01:30P
May 25
1062'0
1074'6
1059'4
1067'0
1'6
1065'4s
01:21P
Jul 25
1074'4
1086'0
1071'0
1078'0
1'6
1077'0s
01:30P
Aug 25
1073'6
1085'6
1071'2
1078'0
1'2
1076'6s
01:21P
Sep 25
1064'4
1075'0
1062'0
1068'2
2'0
1067'2s
01:21P
Nov 25
1063'6
1076'0
1062'4
1070'2
3'2
1069'0s
01:30P
@LE - LIVE CATTLE - CME
Month
Open
High
Low
Last
Change
Close
Time
More
Oct 24
188.550
188.750
187.725
188.300
- 0.275
188.200s
01:05P
Dec 24
187.800
188.100
186.600
187.325
- 0.650
187.225s
01:05P
Feb 25
188.850
189.025
187.425
188.200
- 0.775
188.175s
01:05P
Apr 25
189.550
189.625
187.925
188.800
- 0.775
188.875s
01:05P
Jun 25
183.575
183.600
181.875
182.675
- 0.925
182.750s
01:05P
@GF - FEEDER CATTLE - CME
Month
Open
High
Low
Last
Change
Close
Time
More
Oct 24
250.800
250.800
248.400
249.375
- 1.050
249.275s
01:05P
Nov 24
250.500
250.800
247.800
248.900
- 1.625
248.675s
01:05P
Jan 25
247.500
247.850
244.825
245.925
- 1.575
245.875s
01:05P
Mar 25
245.750
246.050
243.425
244.525
- 1.425
244.350s
01:05P
Apr 25
247.000
247.325
244.975
245.850
- 1.150
245.850s
01:05P
My Custom Markets
Symbol
Open
High
Low
Last
Change
Close
Time
More
Map
This Day In History
October 9, 1980
1st consumer use of home banking by computer (Knoxville Tn)