Market Closes - October 6, 2013
Posted on Nov 6, 2013Chicago Wheat futures rallied 60-70 cents this fall, but are now with about 15 cents of the lower starting price.
This weekly December 2013 Corn chart shows the history of this contract. Unfortunately, it’s now within 20 cents of its lifetime low.
Cattle futures closed little changed as traders wait for cash markets to work. Last week’s price was generally $132/cwt. Boxed beef values were mixed today with Choice carcasses down 0.89 at 204.56 and Select up 0.64 at $190.62/cwt.
Lean Hog futures closed lower on weaker cash hog and pork markets.
Corn Dec -4 421; Jly -4 446; Dec14 -4 462 Bean Jan +5 1255; Jly +4 1228; Nov +5 1150 Meal Dec +4 397; Jly +3 375 Oil -1 4114 Wheat Dec -3 653; Jly -3 667 KC -6 716; MGE -1 712 Oats +3 343 Rice +19 1554
LC Dec -2 13202; Apr +7 13422; Jun -27 12857 FC Nov +7 16485; Jan +47 16555; Apr +32 16665 LH Dec -90 8735; Feb -95 9087; Jun -75 9872 Milk Nov -12 1877; Dec -21 1792
US$ -.3% Dow +129 15747 Record high close SP +7 1770 NAS -8 3932 Tran -50 7041 VIX -.60 12.67 (-4.5%)
WTI +150 9487 Brent -42 10491 Gas +3 254 NG +4 350 HO unch 287 Eth -1 161
Gold +10 1318 Slvr +17 2181
2-yr -.01 0.30% 5-yr -.05 1.34% 10yr -.03 2.65% 30yr unch 3.77%
CME Group and MF Global Trustee Announce Agreements To Expedite Payments To MF Global Customers CHICAGO, Nov. 6, 2013 - CME Group, Inc. (CME), the Customer Class Representatives in the ongoing MF Global multi-district litigation (Customer Representatives), and James W. Giddens, Trustee for the Securities Investor Protection Act (SIPA) liquidation of MF Global Inc. (MFGI) today announced agreements that will resolve any claims by or against CME Group in connection with the MF Global matter, and will further help expedite payments to MFGI's former customers.
Click here to read news release from CME Group.
KENTUCKY CASH GRAIN BIDS – Click Here
Tagged Post Topics Include: Economics, Market updates
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