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Market Closes - May 5, 2016
May 5, 2016
Market Closes - May 5, 2016

CBOT futures closed lower led by soybeans and meal as the spec funds were heavy sellers. A stronger US Dollar and crude oil futures losing the early gains weighed on the market. Planting weather continues to be favorable.

Cattle futures closed sharply higher on short-covering and weaker CBOT futures. June Live Cattle futures discount to the cash cattle prices has been supportive. Choice beef down 0.32 at 204.42; Select down 0.15 at 195.50.

Lean Hog futures closed slightly higher today with a narrower trading range within the limits of yesterday’s trading range. FOB Plant Pork gained .66 to 83.12 on an 8% gain in belly value.

Market Closes - May 3, 2016
May 3, 2016
Market Closes - May 3, 2016

CBOT futures traded higher overnight, but sold off once markets reopened at 830 am CT. Futures were pressured by the strengthening US Dollar which reversed the downward trend in place the past 2 months.  Cattle futures closed higher (the 3rd day for most contracts) on additional short-covering. Lean Hog futures closed slightly higher after trading both sides.

Market Closes - May 2, 2016
May 2, 2016
Market Closes - May 2, 2016

CBOT futures closed generally steady except for the soy complex which saw a very strong soybean meal market lead soybeans higher; a 2% drop in soybean oil futures limited soybean’s gains. Live and Feeder cattle futures closed higher on short-covering as prices respected last week’s lows.

Market Closes - April 21, 2016
April 21, 2016
Market Closes - April 21, 2016

CBOT futures closed mostly lower except for strong gains in old-crop soybean and soybean meal contracts. Live cattle futures closed mostly weaker and Feeder cattle made variable gains.

Market Closes - April 20, 2016
April 20, 2016
Market Closes - April 20, 2016

CBOT futures, except for soybean oil, closed strongly higher and near the day’s highs, as markets rallied into the closing bell.  Cattle futures fell sharply and hog futures closed higher. 

Market Closes - April 19, 2016
April 19, 2016
Market Closes - April 19, 2016

CBOT futures rallied strongly on continued fund buying, led by the soybean market.  A rally in cattle futures failed.  Lean Hog futures closed higher for third day in a row. 

Market Closes - April 18, 2016
April 18, 2016
Market Closes - April 18, 2016

CBOT futures closed mixed with Chicago Wheat being the star performer.  Cattle futures closed sharply lower with many contracts down the daily limit. 

Market Closes - April 14, 2016
April 14, 2016
Market Closes - April 14, 2016

CBOT trade was more subdued today with a mixed close. Soybean futures moved higher Wednesday evening on follow-through buying but soon headed lower until the morning opening.  Livestock futures closed mixed. 

Market Closes - April 13, 2016
April 13, 2016
Market Closes - April 13, 2016

The rally in CBOT futures rolled on today with strong price moves in nearly every commodity, but especially in corn, wheat, soybean meal and soybean futures; these four closed at or near the day’s highs.  Cattle and hog futures dropped sharply. 

Market Closes - April 11, 2016
April 12, 2016
Market Closes - April 11, 2016

CBOT futures made some big moves today and in opposite directions. Soybean meal was the big winner with 2% gains and this pulled soybean futures up 1%.  Livestock futures closed lower.