Hogs Fall In Late Week Trade

It was a mostly lower day of trade in the hog market on selling ahead of the June inventory report. July was the exception and found support from continuing strength in the cash market, where the hog index was up $1.27 at $89.30 and projected another $.87 higher for Monday.   The Commitment of Traders…

Soybeans End Steady Following Mixed Trade

Friday was a quieter day of trading in the soybean market, with early selling finding support just above $9 in July, which left old crop soybeans near unchanged and new crop down 2 cents. Commodity fund traders were estimated sellers of 5,000 soybean and 1,000 soymeal contracts, and bought 2,000 soyoil contracts.      Analyst…