I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Malaysian palm oil futures moved up nearly 1 percent today, January 13, continuing...
Fats and Feeders Racing to Fill the Last Gap Above - Soybean Oil Could Increase 20% From Todays Settlement Prices.
The wheat complex closed the Tuesday trade mixed, as spring wheat was stronger and KC leading the charge to the downside. Chicago SRW futures posted fractional to penny losses in the front months to close...
Cotton futures posted steady to slightly lower trade on Tuesday, with some front months down 3 points. Crude oil futures were up another $1.60 per barrel at $61.10. The US dollar index was up $0.304 at...
Soybeans closed out Tuesday with losses of 9 to 10 ¼ cent in the front months to follow up the Monday pullback. The cmdtyView national average Cash Bean price was 10 1/4 cents lower at $9.66 1/4. Soymeal...
Corn futures closed the Tuesday session with contracts down 1 to 3 ½ cents across the front months, following sharp Monday losses. The CmdtyView national average Cash Corn price was down 1 3/4 cents at...
Live cattle futures were in rally mode, with contracts up $2 tp $3 on the Tuesday session. Cash trade has yet to get fully kicked off this week, as last week was $232-233 across the country. Feeder cattle...
Lean hog futures posted gains of 20 to 50 cents in the front months on Tuesday. USDA’s national base hog price was reported at $70 on Tuesday afternoon. The CME Lean Hog Index was down 25 cents on Jan...
Cattlemen are anticipated to use the cheaper feed stuffs to increase weights, simply because they sell cattle by the pound and at the price spreads between weight classes, they will need all the pounds...