AgResource Hog Comment and Analysis
Hog Futures End Mixed to End The Week: Hog futures closed mixed to end the week with Dec and Feb just below unchanged while the rest of the market was modestly higher. February hogs had resistance at the 50-day moving average. The cash hog index was down $.78 at $75.49, and the calculation for Monday…
AgResource Wheat Comment and Analysis
US Wheat Ends Mixed; EU Market Resumes Uptrend: Dec CBOT wheat ended 5 cents lower. Other contracts ended near unchanged. Wheat-specific new is lacking but world cash markets remain firm. EU futures have been unwilling to break as domestic and export demand there looks to improve in the months ahead. Fundamental focus will be centered…
AgResource Corn Comment and Analysis
CBOT Corn Ends Firm; Argentine Dryness and Strong Export Demand to Provide Support into Late Year: Dec CBOT corn ended a penny lower. Deferred contracts ended slightly higher. Market strength despite another round of selling in crude is noteworthy. Managed funds on Tuesday were long a net 276,000 contracts, up 57,000 from the previous week.…