Market Closes - August 30, 2012

Posted on Aug 30, 2012

Corn Sep +1 811.5; Dec -5 808.5 (807.5-817.5); May -4 801.5; Dec’13 -1 652

Bean Sep +7 1770 (hi 1781); Nov +10.5 1763.5; May +13 1580; Nov’13 +4 1351.5

Meal +5 548 oil -5 5659

Wheat Sep -2 883; Dec -3 903; Jly -2 858

KC -6.5 890; MGE unch 940

LC Aug +25 11965; Oct unch 12550; Feb -10 13215

FC Sep -40 14330; Nov +5 14625; Apr -10 15310

LH Oct +45 7415; Dec +77 7180; Feb +82 7990

Milk Sep -24 1912; Oct -16 2018

Oats unch 387.5

Rice -19 1503

 

US$ +.2%

Dow -107 13001

SP -11 1399

NAS -32 3049

Tran -58 4993

VIX +.77 17.83

WTI -85 9464

Brent +15 11269

Gas -2 308

NG +2 263.4

HO +1 313

Eth -2 259

Gold -7 1660

Slvr -43 3041

2-yr -.016 0.258%

5-yr -.030 0.663%

10yr -.026 1.627%

30yr -.018 2.748%

Blue Grass Stockyards Cattle Weekly Summary Report for the week ending 08/28/12 Receipts:  2,473   Last Week:  2,027   Year Ago:  2,291 Compared to last weekÂ’s sale steer and heifer calves sold steady to 2.00 higher with good demand; some featherweight calves 5.00 to 10.00 higher with very good demand.  Yearling steers limited comparison.  Yearling heifers steady to firm in a limited comparison.  Slaughter cows sold 1.00 to 3.00 lower with light to moderate demand.  Slaughter bulls sold steady with good demand. Total supply included 07% slaughter cows, 02% slaughter bulls, 1% replacements and 90% feeders.  Feeder supply 40% steers, 15% bulls, 45% heifers with 68% of feeders weighing over 600 lbs.

Tagged Post Topics Include: Economics, Market updates