Market Update - June 25, 2013

Posted on Jun 25, 2013
Grain and livestock futures are showing little change at midday on a lack of significant market news.  The outside markets are generally supportive with higher energy futures and equity markets.

Friday is an important date for the markets.  JUNE LC will end trading and the JULY CBOT contracts have First Notice Day for deliveries.  More importantly are the USDA reports on planted acreage, Grain Stocks, and Hogs and Pigs.

Corn Jly +1 654; Sep -3 576; Dec -3 543 (541-551)

Bean Jly +9 1521; Sep +5 1322; Nov +5 1278 (1269-1283) Meal Jly +5 456; Dec +5 384 Oil -31  4724

Wheat Jly +2 681 (678-685); Dec +3 705; Jly14 +3 732 KC -4 711; MGE +4 815

Oats -4 388

Rice -5 1556

LC Jun +15 12110; Aug +22 12140; Dec unch 12670 FC Aug -27 14740; Oct -20 15145; Jan -27 15252 LH Jly -42 10052; Oct -20 8565; Dec -37 8250 Milk Jly -18 1716; Aug -11 1789

US$ +.2% Dow +.6% SP +.7% NAS +.5% Tran +1.4% VIX -8.3% 18.44

WTI +.4% Brent +.5% Gas +.5% NG -1.3% HO +.6% Eth +.4%

Gold -.2% Slvr steady

5-yr steady 1.45% 10yr +.04 2.58% 30yr +.04 3.59%

CURRENT STATUS OF PORCINE DIARRHEA VIRUS(PEDv) IN THE U.S.    Today’s Daily Livestock Report by the CME Group provides a current summary of the PED Virus in the U.S. hog herd. Here’s the link to the report: http://www.dailylivestockreport.com/documents/DLR%2006-25-2013.pdf

KENTUCKY CASH GRAIN BIDS Click Here

Tagged Post Topics Include: Economics, Market updates