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Market Snapshot
Quotes retrieved on May 17, 2012, 01:47:22 AM CDT
Commentary
Corn - Closing Report -
Corn futures closed sharply higher, with bull spreading emphasizing that we are not out of the woods yet in stretching old crop supplies out to Soybeans - Closing Report -Soybeans saw strength in the nearby contracts, but new crop labored because of ideas that additional double crop acres will be sufficient to create Wheat - Closing Report -Wheat futures rose sharply in Chicago and KC, with an echo rally in Minneapolis.. Wheat conditions deteriorated in the U.S. from last week and Cattle - Closing Report -Cattle futures were higher across the board. Feeder cattle were also up, roughly 42 to 87 cents higher. Wholesale beef prices were lower this Hogs - Closing Report -Lean Hogs were higher up and down the screen, with August the strongest. The US dollar index is challenging the January high at 82.04 on the weekly Cotton - Closing Report -Cotton futures continued to lose ground. The market is quite oversold, but the weak global economic picture and a bearish USDA report in the Full commentary... |
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© 2012 Freese-Notis Weather Newswire
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