Tridge summary
Just after 9 a.m. CT, December corn was down ½¢ at $4.29¾ per bushel. January soybeans were up 3¼¢ at $11.11 per bushel. “Corn, soybeans, and wheat are struggling [Friday] morning as pre-weekend and month end consolidation appears to be the primary trade goal,” said Karl Setzer, partner with Consus Ag Consulting. “The bullish reaction
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to the Chinese trade agreement has worn off as the trade waits for more details before altering positions. Trade is also hesitant to make big market moves without Chinese confirmation of the agreement.” December CBOT wheat was down 4¾¢ at $5.19½ per bushel. December KC wheat were 2½¢ lower at $5.10½ per bushel. December Minneapolis wheat fell 16¢ at $5.17½ per bushel. December live cattle were up 22¢ at $231.32 per hundredweight (cwt). January feeder cattle rose $1.97 at $336.20 per cwt. December lean hogs jumped 17¢ at $81 per cwt. At 9:18 a.m. CT, December crude oil was up 28¢ at $60.85 per barrel. The S&P 500 Index was up 33.19 points, and the Dow Jones Industrial Average increased 79.87 points. The December U.S. Dollar Index was up 212 points. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional ...
Source: UkrAgroConsult
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