AgResource Weekly Newsletter, Mar 22
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Hogs End Mostly Firm in Quiet Trade: April hog futures were just below on unchanged on Tuesday, while the rest of the market enjoyed modest gains. The nearby weakness left April below the cash index, while June closed above $120. The CME’s cash hog index gained $.44 on Tuesday to $101.80, but the slaughter report…
Global Wheat Markets End Firm; Northern Hemisphere Weather Pattern Improving: World wheat futures ended slightly higher as another day of infrastructure damage occurs in Ukraine. Whether Black Sea grain exports reach beyond modest Russian shipments in the second half of 2022 will stay priority number one, but Northern Hemisphere weather patterns will add to already…
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