Market Update - October 24, 2012
Posted on Oct 24, 2012Cattle futures are steady to firm as bullish cash market optimism provides support.
Lean hog futures are near steady. The Pork Cutout dropped $1.23 to 87.41 on Tuesday. Expect more profit-taking to limit gains in LH futures.
Corn Dec unch 756; Mar +1 757; Dec’13 +5 639.5
Bean Nov +13 1566; Mar +14 1534; Nov’13 -1 1334 Meal Dec +5 481.5; May +3 434 Oil +21 5153
Wheat Dec +16 884; Jly +13 864 KC +13.5 921; MGE +9 954
LC Oct +20 12620; Feb +7 13085; Jun unch 13132
FC Oct -2 14540; Nov +20 14725; Jan +35 14905
LH Dec +27 7840; Feb unch 8465; Jun unch 10047
Milk Nov +13 2074; Dec +6 2026
Oats unch 386
Rice +6 1504
US$ +.2%
Dow steady
SP -.1%
NAS -.3%
Tran -1.3%
VIX -1.4% 18.56
WTI -1.6%
Brent -.9%
Gas -.8%
NG -2.3%
HO -.5%
Eth -.5%
Gold -.3%
Slvr -.4%
5-yr +.003 0.759% 10yr +.018 1.778% 30yr +.023 2.927%
Tagged Post Topics Include: Economics, Market updates
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