Market Update - April 2, 2015
Posted on Apr 2, 2015Cattle futures are moderately higher on optimism of higher cash cattle prices. Boxed beef is stronger with Choice up .98 to 256.40 and Select up .61 to 250.82.
Lean Hog futures are lower beyond the nearby April LH contract. Traders are pausing to see if cash hog and pork values can turn stronger. But at midday, the pork cutouts are near unchanged.
Corn May +3 385; Dec +2 409 Bean May -3 986; Nov -2 971 Meal may -3 328; Oct -2 322 Oil +18 3087 Wheat May +11 539; Jly +8 538 KC +11 586; MGE +6 601 Oats +4 266 Rice +6 1084
LC Apr +97 16277; Aug +67 14985; Dec +12 15167 FC Apr +177 22040; Aug +70 21862; Nov +72 21535 LH Apr -7 6282; Jun -82 7542; Oct -62 6950 Milk Apr +7 1560; May -3 1559
US$ -.7%
Dow +.2% SP +.3% NAS steady Tran -.5% VIX -3% 14.66
WTI -1.4% Brent -3% Gas -3.3% NG +3.4% HO -2.9% Eth -.1% Gold -.7% Slvr -2.2%
5-yr +.021 1.347% 10yr +.034 1.902% 30yr +.041 2.516%
KENTUCKY CASH GRAIN PRICES – Click Here
KENTUCKY LIVESTOCK AUCTIONS -- Click Here
Subscribe to “Between the Rows” e-newsletter from the KFB Commodity Division by Clicking Here.
Tagged Post Topics Include: Economics, Market updates
Comments