AgResource Hog Comment and Analysis
Hog Futures Rally to Strong Gains: CME hog futures started the week sharply higher, with all summer contracts gaining $4.75 to start the week. June hogs finished slightly above the cash index, but the rest of the market was still under the index. While futures rallied, the cash index was down $.32 on Tuesday at…
AgResource Wheat Comment and Analysis
Wheat Falls Sharply on Demand Concerns, Weaker Russian Offers: Wheat futures in the US and Europe ended sharply lower as Russian wheat for old and new crop delivery is buyable at $230-240/MT – new seasonal lows. Russia and Europe will be well supplied in the near term as large stocks collide with seasonally weak demand…
AgResource Corn Comment and Analysis
Corn Futures Erode but Find Support on Concerning Midday Forecasts: CBOT corn futures ended 10-11 cents lower on Tuesday but recovered from session lows as neither the GFS nor EU models offered much of a Central US pattern change – with both now peeking into the very middle of June. There’s hope for a shift…
