. Brazil, September 13rd ______________________________________________________________________ Outlooks and weather conditions for the start of planting in Mato Grosso With the end of the fallow period in Mato Grosso, there is a considerable expectation of progress in the planting area. However, despite the release of planting, which was brought forward from September 15 to September 1 by…
Hog Futures Continue Lower on Thursday: CME hog futures were lower Thursday on follow-through technical selling. December marked the largest decline but held above the contract’s 50-day moving average. The cash hog index gained $.35 on Thursday to $86.48, and AgResource estimates a $.46 increase for Friday. This leaves the index $.75 higher for the…
Soybeans Extend Gains as Meal Rallies: November soybean futures were able to build on Wednesday’s recovery and close back above the 50-day moving average. September contracts expired today with September beans ending at $13.4375 vs. $15.0375 last year, September meal at $401.90/ton vs. $461.30 a year ago, and September soyoil finished at 64.43 cents/Lb vs.…
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