Video
Grains close higher with ideas of tighter yields heading into the WASDE. Livestock continue to see technical buying and higher cash supportive.
Grains continue higher midday on weather and yield concerns and positioning ahead of the WASDE. Livestock futures are getting help from strong cash with Oct hogs making new contract highs for a second day.
Grain and livestock futures mostly higher on the open Thursday. Outside markets continue to be supportive, weather and WASDE continue to be watched. Cattle and hogs pushed by strong cash.
A risk on day in the outside markets on the CPI data lifted commodities early. Livestock ended strong but grains faded into the close. Was it WASDE positioning?
A risk on day in the outside markets in reaction to the CPI number has most of the grain and livestock futures higher. Higher cash ideas also giving cattle a boost with Oct hogs exceeding the contract highs.
Higher opening in all but feeders Wednesday. Grains continue to put in risk premium, positive CPI data drives DOW higher and that is supporting livestock.
Grains close higher on Tuesday on lower crop ratings but off highs. Livestock futures were mostly lower on corrective selling.
Grain markets continue strong midday with lower crop ratings, while livestock are seeing profit taking after a strong close Monday. Michelle Rook talks with Jeff Hoogendoorn of Professional Ag Marketing.
Grains sharply higher on the open with the surprising drop in crop ratings and fresh China corn export business. Livestock lower in reaction and see profit taking after contract highs in hogs and feeders yesterday.
Livestock futures open mostly higher with the lower grain trade early. Grains under pressure with early with weekend rains a drag and despite some export sales on corn and beans. WASDE Report next focus.