AgriCharts Market Commentary -
May 23, 2013
Corn futures settled mostly 3 to 4 cents higher. Gross corn use of ethanol by the plants last week (before DDG and corn oil netback) was
Cattle -
May 23, 2013
Cattle futures are trading 20 to 40 cents lower this morning. Wholesale prices set another new record high for Choice at $211.37 today.
Cotton -
May 23, 2013
Cotton futures dropped another 74 to 164 points today. Global stock markets were nearly all lower overnight, with Japan taking a particularly large
Wheat -
May 23, 2013
Wheat futures settled higher at all three exchanges. USDA was expected to show net US weekly export sales of 400-700,000 MT for last week. USDA put
Lean Hogs -
May 23, 2013
Hogs settled modestly lower following triple digit gains on Wednesday. The pork carcass cutout value is was 6 cents lower than the prior day, with
Soybeans -
May 23, 2013
Soybean futures rallied sharply, and then sold off just as sharply. One of our tried and true market rules is that “Carries are finite,
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