CBOT futures are trading mixed with the old/new crop price spreads reversing some of Wednesday’s action.  There’s little to drive the markets today with the outside markets near steady.  Fund selling is probably minimal today with prices still sitting above key chart levels.

  Cattle futures are also sitting narrowly mixed in slow trading ahead of Friday’s Cattle on Feed report and next week’s shortened Thanksgiving trade.

  Lean Hog futures opened lower but have rallied through the morning to stay within yesterday’s trading range.

  US equity markets are at the day’s lows.    Jobless Claims Unexpectedly Jump 78,000 to 439,000; Labor Dept. Cites Super Storm Sandy; CPI Rises 0.1%

Corn Dec -2 723; Mar -3 726; Dec’13 +1 609

Bean Jan -8 1411; Mar -6 1393; Nov’13 +2 1277   Meal Dec -4.5 431.5; May -3.6 405   Oil +14 4781

Wheat Dec +1 850; Jly -1 857   KC -2 888;  MGE +1 924

LC Dec +17 12560; Apr unch 13310 FC Jan -12 14475; Apr +5 14915

LH Dec +17 8027; Apr +27 9127

Milk Dec -13 1956; Jan -7 1887

Oats -3 365

Rice +13 1510

US$ -.1%

Dow -.3%

SP -.2%

NAS -.4%

Tran -.4%

 VIX +1% 18.11

WTI -.2%

Brent +1%

Gas +.3%

NG +1.3%

HO unch

Eth -.1%

Gold -1% Slvr -1%

5-yr -.002 0.623% 10yr +.002 1.591% 30yr -.002 2.725%