AgResource LATAM, Dec 13
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CME Hog Futures Trade Mostly Lower: Hog futures closed lower at midweek, except December, which gained a dime ahead of Thursday’s expiration. February and June hogs both stopped short of setting new lows. The cash hog index was down $.23 at $67.10 on Monday, and AgResource projects a $.43 gain for Thursday. This breaks a…
CBOT Corn Ends Weak as March Drops Below 50-Day Moving Average: CBOT corn futures ended 3-5 cents lower. Spot and forward contracts in Brazil ended 4-5 cents higher, with Brazilian premiums widening to new 14-month highs. Talk is growing that exporters are trying to ship Gulf US corn into Northern Brazil. Argentine offers appeared following…
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