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Hogs Rally into Wednesday Close

2 years 7 months ago
Hogs were up 17 cents to $3.35 in the front months on the Wednesday Trade, with other contracts for 2024 down 2 to 55 cents. USDA’s National Average Base Hog price was 2 cents firmer in the PM update, now listed at $68.21. The WCB quote was $68.49 compared to...
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Cattle Pull Back on Wednesday

2 years 7 months ago
The cattle market had a correction on Wednesday, as fat cattle futures were down anywhere from $1.10 to $1.97. Feeder cattle also fell to weakness, with futures down $1.77 to $2.62. Cash trade has yet to be established this week, with last week hovering around the $180-183 range, with most...
Barchart

Wheat Weakens During Midweek Trade

2 years 7 months ago
The wheat complex continued the pressure on Wednesday. Chicago contracts closed with 9 to 14 cent losses. Kansas City futures were 6 ¾ to 10 cents lower across the board. MPL spring wheat futures saw 6 ¾ to 9 ¼ cent weakness at the close. Traders are looking for the...
Barchart

Corn Extends Multi-Year Lows

2 years 7 months ago
Corn futures closed with losses of 4 to 6 ½ cents across the board on Wednesday. Nearby March closed at the lowest price for a front month continuation chart since December 2020. EIA’s weekly report showed ethanol output increased by 50k barrels per day to 1.083 million for the week...
Barchart

Soybeans Explore New Lows on Midweek Session

2 years 7 months ago
The Soybean complex closed lower on Wednesday. Soybeans couldn’t hold the slight gains from the day session open, with contracts collapsing 9 to 15 ¾ cents across most nearby months. Soymeal futures were down $1.50 to $3.10 at the close. Soy oil was 54 to 95 points lower on the...
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Higher Open Expected For Singapore Stock Market

2 years 7 months ago
(RTTNews) - The Singapore stock market turned lower again on Wednesday, one day after ending the two-day losing streak in which it had fallen almost 20 points or 0.6 percent. The Straits Times Index now sits just beneath the 3,140-point plateau although it's tipped to open in the
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