General Comments Here are some snippets of information regarding exchange-traded futures and options volume during the first eight months of 2013 (January-August) as gleaned from data compiled by the Futures Industry Association (FIA).
Global futures trading volume is up 18.5 percent over the same period in 2012. Interestingly, global trade in options is down 9.8 percent. Combining the two, global trade in futures and options gained 4.5 percent over the first eight months of 2012. The CME Group remains the world's largest derivative exchange, followed by the National Stock Exchange of India, Eurex and NYSE Euronext. Global trading volume in agricultural futures and options is down 4.7 percent. Based on the number of contracts tr...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...