A lower finish for soybeans, corn and wheat were mixed

Soybeans ended the day modestly lower on technical selling with the January contract down 4 and 1/2 cents to $10.58 and 3/4. Soybeans started the day higher, but couldn’t hold on as contracts were pressured by the lower moves in bean and crude oil.  There hasn’t been any new export sales reported since early in…Continue Reading

Cattle futures higher to finish the week

Cattle futures higher to finish the week

At the Chicago Mercantile Exchange, live and feeder cattle were higher, supported by tight supplies.  February live cattle closed $1.10 higher at $229.65 and April live cattle closed $.97 higher at $229.70.  January feeder cattle closed $1.45 higher at $346.17 and March feeder cattle closed $1.62 higher at $340.42.  It was a quiet Friday for…Continue Reading

Cash dairy prices steady Friday at the CME

*This updates a previous report from earlier. Cash dairy prices were mostly unchanged in light trading Friday at the Chicago Mercantile Exchange.  Dry whey was up $0.0050 at $0.73.  One sale was recorded At that price.  Forty-pound cheese blocks were unchanged at $1.3350.  No sales were recorded.  Cheese barrels remained unchanged at $1.40.  No sales were recorded.  Butter prices were unchanged at $1.4025. Three sales were recorded, ranging from $.1.3975 to $1.40.  Nonfat dry milk was unchanged at $1.18.  No sales were recorded.  The post Cash dairy prices steady Friday at the CME appeared first…Continue Reading

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