There was lower volume in the grain pits today, with perhaps some stronger interest in the last few days of holiday shopping. Traders were not buying corn or soybeans for their loved ones today, but maybe a wee bit of HRS, which closed up today and uniquely was higher for the week.
There were new contract lows this week for SRW, HRS and Euronext wheat. It was the fifth straight week lower for soymeal and SRW. It was a fourth week higher for cattle; hogs had three weeks of gains but closed out this week fractionally lower. It was the third week lower for soybeans and soyoil. It was uniquely a second week lower for HRW, but a second week higher for HRS.
Reports Cattle on Feed: The market expected USDA to repor...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
