Hogs and cattle markets bounce back to end week on a positive note
As the year winds down, Jim points at some of his favorite trending markets on this round.
Grains Rallied as The Livestock Markets Recoup Some of the Week's Losses
The soybean market took back most of the midweek losses on Thursday and Friday, with the latter session closing up 7 to 13 cents. January was still down 13 ¾ cents on the week. CmdtyView’s national...
Corn futures closed out the Friday session on a high note, as futures rallied o close out the week. Contracts were up anywhere from a penny to 5 ½ cents. March finished the week with a 4 ¼ cent gain....
The wheat market went into the weekend on a mixed note, as the soft red contracts failed to push higher. Chicago SRW futures were steady to down 1 ½ cents across the board on the day, as March was down...
In my opinion, the line in the sand is definitive. Bulls are more bullish and bears are more bearish.
Wheat futures are trading with slight gains at Friday’s midday. Chicago SRW futures are up 11 to 2 cents in most contracts so far on the day. KC HRW contracts are 2 to 3 cents back higher at midday....
The soybean market is gaining back some upward momentum after a technical break lower earlier in the week. Contracts are up 11 to 13 cents at midday. CmdtyView’s national front month Cash Bean price...