AgResource Weekly Newsletter, Feb 25
Click here to read this week’s Weekly Report
Click here to read this week’s Weekly Report
** Hog Futures Inch Lower While The Cash Index Holds Firm: An early rally in the hog market stalled in the first hour of trade on Tuesday and futures were back below unchanged at the close. CME Lean Hog Index continued with a modest recovery and gained $.04 to $55.91. AgResource estimates another $.25 higher…
** CBOT Wheat Steadies After Monday Plunge; Global Cash Market Slow/Weak: CBOT wheat futures ended firm following Monday’s selloff as May CBOT was nearing oversold levels. However, bullish input is absent and until virus fears begin to retreat, rallies in US and world wheat markets will struggle. Amid several EU and Russian holidays, global cash…
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