AgResource LATAM, Feb 2
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Hog Futures End Steady/Higher for the Week: CME hog futures were mostly higher at the end of quieter trade on Friday. Futures were higher for the week as the cash market continued to advance, though the rally was slowed in the last half of the week on widening CME premiums and profit-taking. The cash hog…
ARC’s work suggests physical US corn disappearance will be elevated between now and early summer. Export shipments peak in Mar-May. Ethanol grind remains strong despite the obstruction of bitterly cold temps in mid-January. NASS on Thursday pegged official corn used for ethanol production in November at 481.7 Mil Gal, up 56 Mil (4%) from the…
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