AgResource Hog Comment and Analysis
Hog Futures Rally On China Hope, Cash Market Stays Weak: CME hog futures were mostly higher on Monday. December hogs gained $2 for the day and were at a historic $7 premium to the hog index. The CME Lean Hog Index was $.52 lower at $55.80, and the weekend slaughter data indicates $.68 lower for…
AgResource Wheat Comment and Analysis
US Wheat Futures Ease as World Cash Wheat Market Static; Dec CBOT wheat ended 1.25 cents lower in a back-and-forth trading session. The market lacked direction and corn/wheat spreading was featured. US wheat exports for the week ending September 19th were 17.5 Mil Bu, 1.5 Mil Bu less than last year, but 1.7 Mil Bu…
AgResource Corn Comment and Analysis
Corn Starts the Week Firm; Follows Soy Markets Higher: Corn futures gained 1-2 cents to start the week. Support was offered from a strong rally in the soybean market and last week’s CoT report that showed a larger than expected net short corn position. Wet Midwest crop areas helped underpinned valuations. NASS reported that 57%…