New Feature! "Hedgers Highlights" If you are a Producer or End User this is for you !
Cash was sloppy again yesterday with the late report confirming prices paid were down $1.50. I’ve uncovered one item that is potentially friendly toward LC cash and futures.
Grain markets look to crop tour results as USDA crop condition reports were generally inline with expectations.
A look at early week structural developments in the August live cattle market.
Grain market technical indicators are showing oversold while managed money funds continue to build short positions. Crop surveys this week could provide for some short covering.
Looking at the technical landscape of the August Live Cattle market
A look at recent technical developments in the August Live Cattle Market
Hogs failed below resistance and turned sharply lower. Light trade was reported in the north again yesterday at lower money.
A look at recent structural clues in the August live cattle market
Today's Commentary
Corn futures closed the day with most contracts 2 3/4 to 4 1/2 cents lower. The Wednesday morning EIA report showed weekly ethanol production for the week of August 18 at 1.052 million barrels per day. That is 7,000 bpd fewer than last week. Ethanol ...
Read More
Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.