Hog futures started the week with strong gains, with February finding support back under the 50 day moving average. The morning pork report had the cutout value $2 higher, which added to the early week optimism. The cash hog index however, continues to weaken and was down $.55 on Monday at $65.42, while the weekend…
When AgResource began writing about the Thanksgiving Day price trends more than a decade ago, the short term price phenomenon was a winning strategy year in and year out. Note in the chart that prior to 2003 there were just 3 years that soybeans closed lower ahead of the Thanksgiving Day holiday, and the market…
It was a slow day of trading to start the holiday shortened week, that left soybeans near steady at the close. Support in the soybean and meal markets was uncovered against major moving averages, while the soyoil market followed Malaysian palm oil prices sharply lower. India, who is the world’s largest importer of edible vegoils,…
Climate Impact Company updates the latest week 2-4 outlook for Australia.
Climate Impact Company updates the latest South America week 2-4 ahead forecast.
