Market Update - July 2, 2013
Posted on Jul 2, 2013Other CBOT futures contracts are little changed at this hour although prices have traded both sides of unchanged.
Cattle futures are down slightly after posting daily gains on Monday. Cash markets may struggle through the July 4th holiday period. Hopefully, the grills are very busy this week(end).
Deferred Lean Hog futures are down modestly on ideas cheaper corn will result in more pork this fall.
Corn Jly +13 668 (651-678); Sep -4 527; Dec -2 499
Bean Jly +3 1574; Aug -1 1435; Nov -2 1241 Meal Jly +3 488; Aug +2 434; Dec unch 366 Oil -25 4660
Wheat Jly +4 650; Sep +3 658; Jly’14 +1 701 KC unch 677; MGE -20 758
Oats -3 392
Rice -10 1565
LC Aug -32 12185; Oct -47 12565; Feb -40 12880 FC Aug -30 15092; Oct -27 15457; Jan -12 15645 LH Jly -5 10102; Oct -60 8520; Dec -65 8185 Milk Jly -12 1725; Aug -8 1825
US$+.4%
Dow +.3%
SP +.3%
NAS +.3%
Tran +.1%
VIX -2% 16.05
WTI +1%
Brent +.5%
Gas +1.1%
NG +1.7%
HO +.6%
Eth -.6%
Gold -.5% Slvr -.8%
5-yr unch 1.38% 10yr unch 2.48% 30yr -.02 3.47% Corn crop off to a late, but good start University of KY Ag News – July 2, 2013 http://news.ca.uky.edu/article/corn-crop-late-good-start
No Livestock Sales at Blue Grass Stockyards this week.
KENTUCKY CASH GRAIN BIDS – Click Here
Tagged Post Topics Include: Economics, Market updates
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