Periodic Updates on the Futures Markets

The canola futures are closed in observation of Remembrance Day in Canada, December soybean oil is down .87 cents per pound, European February rapeseed is down 1.75 euros per metric ton (mt) and January Malaysian palm oil is up 1.27%. December oats are down 17 cents per bushel. December crude oil is down 2.30 per barrel (bbl) and the December Canadian dollar is down .0004 at .7191. Grains and oilseeds have come under increased pressure as Monday morning has worn on with profit-taking and weight from a strong U.S. dollar influencing trade. In outside markets, weakening Treasury markets and the resulting increase in the U.S. dollar are causing issues. Energy and metal markets are being impacted the most but equities have backed off the highs with the interest-rate-sensitive Nasdaq now lower on the day.