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Market Snapshot
Quotes retrieved on November 25, 2020, 04:06:16 AM CST
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Garden City, Kansas (67846)
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Commentary
Cattle Closes Higher, Helped by the Cutout -
Live cattle futures posted another round of triple digit gains on Tuesday, with Dec up $1.35. Feeder cattle futures mirrored the gains, up $1.30 in Cotton Closes off the Lows -Cotton futures slipped 75 to 118 points on the day, with most front months more than 100 points off their lows. Traders were some money off the Corn Comes Back to Close Fractionally Lower -Corn futures came back from being down 10 cents overnight to settle with fractional losses in the front months. Profit taking was likely to blame Beans Close Higher on Intraday Turnaround -Soybeans futures were gearing up for a Turnaround Tuesday drop, but the trade (or spec funds) ultimately had a different idea. Front month futures Wheat Bounces for Double Digit Gains -Wheat futures posted double digit gains in the winter wheat contracts on Tuesday, with MPLS up 8 to 8 ¾ cents on the day. In an international Hogs Mixed at Tuesday’s Close -Lean hog futures closed the Tuesday session with nearby contacts mixed, as Dec was up 52 cents. December Pork Cutout futures were down 55 cents. The Full commentary... |
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