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Cattle markets fight back after early breakdown
WALSH PURE SPREADER - Pure Hedge Division
Cotton futures were steady to 7 points lower in the front months on Friday, as March was 85 points lower this week. Crude oil futures were up $1.95 per barrel at $61.31. The US dollar index was down $0.871...
The wheat complex was in rally mode across the three exchanges on Friday, led by the winter wheat contracts. Chicago SRW futures were 12 to 14 cents in the green at the close, with March up 11 ½ cents...
Soybeans saw stronger trade late in the session, as front months were 3 to 4 cents higher at the close. March was a dime higher this week. The cmdtyView national average Cash Bean price was 3 3/4 cents...
Lean hog futures closed the Friday trade with contracts a dime to 25 cents lower in the nearbys. February was up just 7 cents this week, as April was 97 cents higher. USDA’s national base hog price was...
Corn futures posted 5 to 6 ½ cent gains across most contracts on Friday, as the late week strength took the weekly gain to 5 ¾ cents. This morning’s Export Sales report showed international buyers...
Live cattle futures were up $1.60 to $2.52 on Friday, with February up $2.75 this week. Cash trade found its footing on Friday at $233 to $236.50 live and $370 dressed. Feeder cattle futures were 80 cents...
