Market Closes - October 23, 2013
Posted on Oct 23, 2013Cattle futures closed mixed but the October Live Cattle contract was boosted by a sharp jump in cash fed cattle price and boxed beef values. Southern Plains’ cattle sold for $132-133/cwt. In boxed beef, Choice carcasses were up 1.46 at 200.79; Select carcasses up 1.88 at 184.91/cwt.
Lean Hog futures were mostly lower due to weakness in cash hog and pork prices. Today the Pork cutout dropped $2.01/cwt. Analysts will monitor slaughter totals closely.
Corn Dec +4 443; Jly +4 471; Dec14 +4 485 Bean Nov +8 1310 (hi 1319); Jly +5 1262; Nov14 +2 1177 Meal Dec +5 421 (hi 425); Jly +2 388 Oil -2 4150
Wheat Dec +1 702 (hi 710); Jly +1 704 (hi 711) KC +5 771; MGE +2 759
Oats +3 344 Rice +17 1546
LC Oct +70 13180; Dec -22 13275; Apr -50 13500 FC Oct +10 16615; Nov -22 16762; Jan -45 16757 LH Dec -42 8815; Feb -32 9020; Apr +5 9060 Milk Oct -3 1822; Nov +7 1853
US$ steady
Dow -54 15413 SP -8 1746 NAS -22 3907 Tran +48 6961 VIX +.09 13.42
WTI -121 9709 Brent -240 10757 Gas -7 255 NG +4 362 HO -7 292 Eth -2 180
Gold -10 1333 Slvr -24 2255
2-yr +.02 0.32% 5-yr unch 1.28% 10yr -.02 2.50% 30yr -.02 3.59%
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Tagged Post Topics Include: Economics, Market updates
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