AgResource LATAM, Jun 15
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Hogs End Firm as Cash Indexes Gain: CME hog futures closed higher on nearby strength. July paced the advance and closed $1.65 higher while the rest of the market followed. Funds were active buyers on tightening supplies of US beef. The CME lean hog index rose $.73 to $108.13 or steady with July hogs, while…
Spot CBOT Corn Ends Higher; Dec Ends Flat for Third Day: CBOT corn futures ended steady to higher July’s premium to Dec again above $.50/Bu as interior basis bids firm. Elevators across the Western Plains are offering $1.50 over for nearby supply, with bids across the Central Midwest unchanged at $.35-.70 over. End users are…
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