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
Tag Archives: Futures news
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
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
Consumer Price Index (CPI) – 2/19/2010
The CPI rose 0.2 percent last month; this was less than expected. The Labor Department claims that this is due to a rise in energy cost, equating to 0.2 percent in December. According to a poll done by Reuters analysts expected a 0.3 percent increase. If this is compared to Jan. of last year, prices rose… read more