AgResource LATAM, January 8
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** Hogs Extend Weekly Gains Through Wednesday: Hog futures closed firm. February futures found demand on a lower open and stopped short of the 50-day moving average on a midday rally. The index fund roll pressured prices on the close. Hog slaughter at midweek totaled 1.492 Mil head or 5% more than a year ago.…
** World Wheat Markets End Firm Following Egypt Purchase: CBOT wheat futures rallied 2-3 cents, with similar gains noted in Europe. Egypt’s GASC returned to the world market following a four-week absence, and as expected, the average price paid by Egypt was up sharply. GASC this AM secured 300,000 MTs of Black Sea and Romanian…
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