Market Update - October 4, 2013

Posted on Oct 4, 2013
Grain and livestock futures are little changed this morning as trading volume drops off due to a lack of market data resulting from the government shutdown.  News reports suggest the shutdown could last almost another two weeks when the debt ceiling is forecast to be hit.

Rains across the northern Plains and Midwest should slow harvest.  A tropical storm is moving into the Gulf Coast. Corn Dec +3 442; Jly +3 470 Bean Nov -4 1284; Jly -1 1244 Meal Dec -1 414;  Jly +.5 387 Oil -19 3982

Wheat Dec -1 688; Jly +3 694 KC -1 754;  MGE +1 751

Oats -1 316 Rice +7 1497

LC Oct -2 12740; Feb -5 13350 FC Oct -15 16395; Jan -2 16537 LH Oct +2 9232; Feb -5 8910 Milk Oct +1 1816; Nov +6 1796

US$ +.2%

Dow +.2%

SP +.3%

NAS +.5%

Tran steady

VIX -3.6%  17.04

WTI +.6%

Brent +.4%

Gas -.5%

NG +.6%

HO -.1%

Eth +1%

Gold -.5%

Slvr -.6%

Treasury Yields 5-yr +.04 1.40% 10yr +.03 2.64% 30yr +.02 3.73% 

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Tagged Post Topics Include: Economics, Market updates