Early AG Wire: Northern hemisphere late season snowcover update.
North America snow cover remains ahead of normal and more is on the way.
North America snow cover remains ahead of normal and more is on the way.
** AgResource Daily Cattle Analysis: Cattle futures closed lower on Wednesday, and a steady/weaker outlook is offered for early trade. June cattle were under pressure right from the morning open and spent the entire day trading lower. Late day selling pushed June back under the 50-day moving average, which is expected to weigh on early…
** 6:30 AM CDT CBOT Futures: May soybeans are up 2.00 cents at $9.0075, May corn is up 1.25 cents $3.64 and May Chi wheat is up 3.25 cents at $4.7425. ** AgResource Morning CBOT Comment/Analysis: Good Morning! CBOT futures are slightly higher in early morning trade as US President Trump and Chinese Vice Premier…
Hog futures were sharply higher at the open on Wednesday and continued higher to mark strong gains at the close. May hogs traded to, but close just under the expanded $4.50 upper limit while June was $3.35 higher for the day. The lean hog index gained $.98 to $76.78, and we estimate another $.92 higher…
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