Market Update - March 4, 2013
Posted on Mar 4, 2013CBOT traders will be eager to see USDA’s supply-demand updates at 11 am EST on Friday.
CME Cattle futures are little changed today after closing poorly Friday despite strong cash cattle and boxed beef markets. Given the recent US$ strength and the federal sequester, futures may wait for the cash markets to lead the way.
Lean Hog futures are also slightly weaker waiting for demand and cash prices to improve.
Corn Mar unch 725; Jly -2 685; Dec -5 552 Bean Mar +7 1472; Jly +2 1429; Nov -2 1259 Meal Mar -1 426; Oct unch 356 Oil +29 4976 Wheat Mar -14 699; Jly -15 707; Dec -14 728 KC -12 744; MGE -10 810
LC Apr +2 12997; Jun -2 12507; Oct -40 12982 FC Mar unch 14155; Apr +10 14425; Aug -25 15410 LH Apr -22 8090; Jun -37 9100; Oct -7 8290 Milk Mar -7 1672; Apr -10 1703
Oats +6 409 Rice +3 1553
US$ unch Dow -.1% SP unch NAS unch Tran +.5% VIX -1.2% 15.17
WTI -1% Brent -.3% Gas -1% NG +1.9% HO -.3% Eth -.2%
Gold unch Slvr unch
5-yr +.01 0.75% 10yr +.02 1.86% 30yr +.01 3.06%
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Tagged Post Topics Include: Economics, Market updates
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