Market Update - October 29, 2012
Posted on Oct 29, 2012The soy complex is suffering the larger losses of the day on long liquidation. If last week’s lows are broken, another 30+ cents of downside is possible.
Corn Dec +1 739; Mar +1 741; Dec’13 unch 635
Bean Nov -26 1535; Mar -26 1511; Nov’13 -10 1330
Meal Dec -9 474; May -7 433
Oil -70 5026
Wheat Dec +1 865; Jly unch 865
KC unch 909; MGE +2 942
LC Oct -45 12505; Dec -47 12477; Jun -82 12927
FC Nov -62 14470; Jan -100 14607; Apr -127 15002
LH Dec -100 7790; Feb -120 8325; Jun -105 9962
Milk Nov -5 2108; Dec -12 2016
Oats -2 388
Rice -2 1477
US$ +.2%
U.S. equity markets are closed due to Hurricane Sandy affecting NY City. Overnight SP500 futures traded lower through 815 a.m. this morning before suspending trade. These markets could be closed through Tuesday.
WTI -.3%
Brent +.2%
Gas +2%
NG +1%
HO +1%
Eth -.1%
Gold -.2%
Slvr -.7%
5-yr -.022 0.739%
10yr -.038 1.710%
30yr -.040 2.872%
Tagged Post Topics Include: Economics, Market updates
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