CHICAGO, March 31 (Reuters) – Chicago Mercantile Exchange cattle futures were narrowly mixed early on Wednesday in electronic trading as beef market was seen topping. Hogs were higher on support from Friday’s bullish hog report with steadier cash hogs and higher product supportive.… read more
Tag Archives: commoditites
Opening Grain Calls
CHICAGO, March 31 (Reuters) – CBOT soy futures were called to open down at least 7 to 12 cents per bushel Wednesday, with corn down 3 to 5 cents and wheat down 2 to 4 cents on what traders called bearish stocks data in USDA’s quarterly stocks report. (Reporting by Sam Nelson; Editing by John… read more
Hog update
Chicago Mercantile Exchange lean hog futures were sharply higher in early pit trading on Tuesday as funds continued to buy summer month contracts after USDA on Friday reported a smaller-than-expected U.S. hog herd, traders said.… read more
Grain Opening Calls
WHEAT – Up 3 to 4 cents per bushel. * Weak dollar and technical short-covering lifting wheat futures but gains limited by abundant global stockpile of wheat. SOYBEANS – Up 3 to 4 cents per bushel. Weak dollar, higher crude oil and concerns about ability of South America to ship soy due to spreading labor… read more
Opening Grain Calls
Soybeans-Up 5 to 7 cents per bushel. Weak dollar, higher crude oil and concerns about ability of South America to ship soy due to spreading labor protests in Argentine ports lift soybeans. CORN – Up 1 to 2 cents per bushel. A weak dollar and firm crude oil lift corn futures but gains limited by… read more
Livestock News
Chicago Mercantile Exchange live cattle futures were lower early on Wednesday in electronic trading amid carry-over technical selling and pressure following weakness in other commodities. Hog futures were lower with the weak tone to cash markets weighing on April and premium to cash pressuring other months.… read more
OPENING GRAIN CALLS
Corn futures are expected to open 2 to 3 lower as of 7:15 a.m. CDT; soybeans 7 to 9 lower; wheat 2 to 4 lower… read more
Livestock Calls
Chicago Mercantile Exchange live cattle futures were steady to higher early on Tuesday in electronic trading, rebounding from Monday’s sharp losses, on support from a higher beef market. Hog futures were mixed with a weak cash hog market weighing on April while strong technicals and lower-than-year ago pork stocks supporting deferred months.… read more
Early Call for grains
Early Call:Corn, Wheat Mixed, Soy Up 1-2 cents… read more
Unemployment [3/5/2010]
Unemployment rate unchanged as 36K jobs lost By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — The unemployment rate held at 9.7 percent in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market is slowly healing but that significant hiring has yet to occur. The Labor Department said… read more