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Cotton Bulls Make Strides on the week Despite Friday Pull Back -
Cotton futures rounded out the week with losses of 10 to 13 points on Friday. December was still up 126 points on the week. Crude oil futures were Soybeans Continue Higher Helped by Meal Gains -Soybeans posted Friday gains of 6 to 9 cents in the nearbys, as August was up 23 ½ cents over the course of the week. The cmdtyView national Hogs Close Higher on Friday -Lean hog futures posted gains on Friday of as little as a tick to 65 cents. August was up $1.80 since last Friday. USDA’s national base hog price Cattle Fade Lower into the Weekend -Live cattle were lower on Friday as contracts pulled off midday lows to close with 12 to 70 cent losses. August was still up $1.35 this week. Cash Wheat Closes the Week with Gains -The wheat market was in rally mode on Friday, with spring wheat joining in with slightly higher movement. CBT prices were 12 to 13 cents higher Corn Rallies into the Weekend -Corn future closed the Friday session with contracts up 6 to 7 cents across most front months. Short covering was likely a culprit heading into a Full commentary... |
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