Corn Fades to Red after USDA Data

Corn finished the last trade day of the week with fractional to 2 ½ cent losses across the front months. That left the March contract at just a ¾ cent gain for the week’s trade. USDA did not adjust the cash average price, still at $4.85. USDA’s weekly …

Strong Friday Rally for Cattle Futures

Live cattle limited the week’s draw down with a triple digit gain of as much as 2% on Friday. Feb fats were up by $3.20 for the day, but still down by $3.40 for the week. There have been no Dec cattle deliveries issued yet, the Friday board rally now h…

Beans Spike Below $13, Stay Above for the Close

The Friday soybean trade settled with prices 4 to 7 ¾ cents in the red. The Jan contract spiked below the $13 round number after the report, but futures closed back above the mark. Jan beans printed a wide 31 ¾ cent range on the day, and finished out t…