Market Update - April 16, 2013
Posted on Apr 16, 2013Cattle futures are trading higher without support from improving boxed beef values or cash cattle prices.
U.S. equities are supported by several strong earnings reports and a better-than-expected March housing report (highest since 2008). The Consumer Price Index dropped 0.2 percent in March, compared to expectations of unchanged.
Corn May +10 657; Jly +7 635; Dec +4 536 Bean May +13 1408; Jly +12 1368; Nov +6 1213 Meal May +7 400; Oct +2 338 Oil +36 4854 Wheat May +6 700; Jly +4 703.5; Dec +3 722 KC Jly +6 745; MGE +8 797 Oats +5 366 Rice +12 1556
LC Apr +60 12565; Jun +62 12045; Oct +30 12437 FC Apr +32 13692; May +35 14015; Aug +20 14657 LH May +57 8685; Jly +65 8937; Oct +17 7982 Milk Apr +2 1763; May +9 1895
US$ -.3% Dow +.7% SP +.9% NAS +.9% Tran +1.5% VIX -16% 14.49
WTI -.7% Brent -2.6% Gas -.2% NG -.7% HO -1.7% Eth +.5%
Gold +2% 1388 Slvr +1.2% 2368
5-yr +.02 0.70% 10yr +.03 1.71% 30yr +.04 2.90%
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Tagged Post Topics Include: Economics, Market updates
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