AgResource Hog Comment and Analysis
Hog Futures Ease in Quiet Late Week Trade: CME hog futures were a little weaker on Friday and were slightly lower at the end of a narrow week of trade. CME futures are pricing in higher cash trends into the end of the year while the cash market forges a seasonal low. The CME cash…
AgResource Corn Comment and Analysis
CBOT Corn Ends Firm; Export Demand Recovers: CBOT corn firm on Friday and down very slightly on the week. The market’s probe for a bottom is ongoing, but ARC’s research suggests physical export and industrial disappearance into late spring will be robust – and much higher than last year. Confirmed South American yield loss –…
AgResource Soybean Comment and Analysis
Soybeans Give Back Early Gains: CBOT soybean futures were higher in early trade on Friday but gave back gains ahead of the close and finished just below unchanged. The USDA announced export sales to China that totaled 11 Mil Bu; however, this was overshadowed by the midday GFS forecast that added rains for Argentine crops…