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Market Closes - November 15, 2016
November 15, 2016
Market Closes - November 15, 2016

?CBOT futures closed higher and in the upper range as futures rallied throughout the day. A significant factor was a very strong persistent rally in crude oil futures.  Live Cattle futures closed higher in the April 2017 and beyond contracts. The nearby December LC closed steady as traders wait for cash markets to develop. 

Market Closes - November 10, 2016
November 10, 2016
Market Closes - November 10, 2016

Corn and soybean futures closed higher but way below the day’s highs which came around midnight.  That’s when the soy complex soared on bullish palm oil production news.  Cattle futures closed higher as traders remain hopeful of higher cash markets.

Market Closes - November 9, 2016
November 9, 2016
Market Closes - November 9, 2016

Most CBOT futures closed sharply lower and near the day’s lows under pressure from bearish USDA crop reports which raised corn and soybean supplies more than expected.  Cattle futures closed mostly higher in the upper part of the day’s trading range. The recovery in US stock markets helped lift cattle futures.

Market Closes - November 8, 2016
November 8, 2016
Market Closes - November 8, 2016

CBOT futures closed strongly higher ahead of tomorrow’s USDA crop reports.  Fund buying lifted the markets as traders covered some short positions in corn and wheat.   Live cattle futures closed higher, erasing Monday’s losses.

Market Closes - November 3, 2016
November 3, 2016
Market Closes - November 3, 2016

CBOT futures closed mixed with price direction following the lead of this morning’s USDA weekly export inspections report. Corn and soybean export inspections came in above expectations, while the wheat export number was disappointing.  Cattle futures closed strongly lower but off the day’s lows.

Market Closes - November 2, 2016
November 2, 2016
Market Closes - November 2, 2016

CBOT futures closed mixed with soybeans and meal leading the way on the downside, adding to Tuesday’s sharp losses. The November Soybean contract closed below the 200-day moving average, but January Soybean closed just above the 200-day.  Cattle futures closed mostly higher with the best gains coming in deferred contracts. Prices were supported by very strong boxed beef values and expectations for steady to higher cash cattle markets.

Market Closes - November 1, 2016
November 1, 2016
Market Closes - November 1, 2016

Corn and soybean futures closed sharply lower and near the day’s lows on heavy fund selling amid profit-taking. The selling started in the soybean market and quickly overcame the corn market.  Cattle futures soared higher today during the first hour of trading, sold off midday and then rallied into the closing bell to settle near the day’s highs.

Market Closes - October 31, 2016
October 31, 2016
Market Closes - October 31, 2016

Corn and soybeans closed near steady while wheat posted strong gains on short-covering to end the month.  Cattle futures closed mostly lower, led by the nearby Live Cattle contracts.  Lean Hog futures closed higher with the nearby December LH contract up sharply. 

Market Closes - October 27, 2016
October 27, 2016
Market Closes - October 27, 2016

CBOT futures closed higher except for soybean oil which has been pressured on spread unwinding with soybean meal. Beside the near 7 percent gain in OAT futures, meal was the percentage leader today.   Cattle futures closed mixed with the nearby October LC contract closing the highest with traders optimistic for this week’s cash trade to finish around $104/cwt.   Lean Hog futures closed strongly higher and near the day’s highs.

Market Closes - October 26, 2016
October 26, 2016
Market Closes - October 26, 2016

CBOT futures closed strongly higher led by the soybean meal and soybean markets. November Soybeans broke above $10.00, creating additional buying into the closing bell.  Cattle futures closed moderately higher after trading both sides of unchanged. Lean Hog futures closed lower after testing clearly-defined resistance levels on the charts.