AgResource LATAM, November 20
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**Hogs End Firm to End Week:CME hog futures ended firm as the US marketplace forms a seasonal low. US hog slaughter will peak in the days following Thanksgiving and decline into March. Record large US export sales of pork will have a more meaningful impact on price in February/March as the US weekly hog kill…
** Wheat Rallies Ahead of December Delivery Period: CBOT wheat futures ended 6-7 cents higher. The rally is due to a complete lack of deliverable receipts registered against Dec. Yet, ARC detailed in this evening’s wire how the US market has found near-term fair value. Choppy trade lies ahead, with a longer term leaking of…
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