Lean hog futures look poised for a bounce today
Good morning. I smell a bounce, a recovery to the upside coming in the lean hog futures market. I’ve noticed a real lack of downside follow through during yesterday’s session.
Sugar & Wheat Gain on Weather Concerns, Oil Rises
Raw-sugar futures gained today on concerns that drought may threaten harvest in Brazil. While in some countries wheat harvest is also threatened by drought, in Europe wheat faces other danger: excessive rains. Crude oil prices jumped today after
Demand Raises Prices for Hogs, Drives Down Soybeans & Corn
Hogs futures gained today on speculation that prices declined too much last week. Soybean prices dropped today on speculation that demand in China and the US may slow. Corn slipped today as rains improved outlook for wheat output and on speculati
Commodity Prices — August 31st 2010
Commodity prices for August 31st 2010.
Beef packer margins remain very profitable
Good morning. Lean hog futures opened unchanged yesterday and spent the entire session trading higher for the day. However, the action appears to be a consolidation likely before heading lower. Technically, the action yesterday was an inside day
Wheat Rises with Dry Weather; Gold Expected to Rally
Wheat prices hit the highest level in a week today on an outlook for reduced output from Argentina and Russia because of drought. Gold fluctuated today, but expected to resume its rally as faltering economic recovery and declining US equities inc
Grain Market Analysis - 8/30/10
November soybeans on Friday closed higher, near the session high and closed at a bullish weekly high close. Bulls have regained fresh upside near-term technical momentum after fading a bit recently. The soybean bulls have the overall near-term te
Nov '10 Soybeans ** Bull Trend Acceleration **
Technically the MKT is in play after producing a big positive signal. On the SELL side REVERSAL strategies can be executed off the UP and +c. Expectations should be for an immediate exhaustive turn with the MKT quickly moving away from the area.
Corn Jumps to 14-Month High in Chicago on Demand
Corn rose to a 14-month high and soybeans gained for a second straight day on signs of increased demand for U.S. supplies, after drought reduced crops in Russia and parts of Europe and flooding cut acreage in Canada.
Grain futures close higher
Grain futures rose Thursday on the Chicago Board of Trade with support from the dollar, which dropped 0.43 percent on the dollar index.
Agriculture Expects Better 2010
University of Georgia sustainable agriculture program (photo courtesy UGA)Georgia’s number one industry is looking for a better year after struggling through 2009.
Cattle, Hog Prices Drop as Retail Demand May Slow
Cattle and hog futures fell for a second straight day on speculation that U.S. grocers are finished stocking up on meat before the Labor Day holiday.


