Market Update - December 23, 2014

Posted on Dec 23, 2014
CBOT futures are higher with wheat up one percent and soybean oil providing the lift for soybean futures. There’s no major news in the market and prices are holding near steady in holiday trading.

Cattle futures opened near steady but soon headed lower with prices down substantially, especially in feeder cattle futures. Lean Hog futures traded opposite to the cattle and are now near the highs of the day.

Corn Mar +3 414; Jly +2 429; Dec +2 437 Bean Jan +6 1045; Jly +5 1065; Nov +4 1028 Meal +3 371 Oil +35 3239 Wheat Mar +8 634; Jly +6 637 KC +6 663; MGE +4 649 Oats +4 314 Rice unch 1216

LC Dec -110 16075; Feb -120 15962; Jun -127 15177 FC Jan -275 21775; Mar -282 21615; Aug -312 21775 LH Feb +72 8097; Apr +62 8317; Jun +37 8945 Milk Jan -30 1648; Feb -26

US$ +.3%

Dow +.4% SP +.2% NAS -.1% Tran +.1% VIX -3.5% 14.71

WTI +1.3% Brent +.6% Gas +.5% NG +.3% HO +.9% Eth +.9% Gold -.2% Slvr +.5%

5-yr +.043 1.702% 10yr +.042 2.204% 30yr +.040 2.789%

Tagged Post Topics Include: Economics, Market updates