Market Update - August 29, 2012
Posted on Aug 29, 2012![](https://cdn.kyfb.com/KYFB/assets/wp-content/uploads/2012/08/Soybean-Field-Market-Updates-3.jpg)
Live Cattle futures are up strongly on trader optimism that the cash market will improve this week. Boxed beef is not leading it higher.
Lean Hogs continue to struggle under the weight of the pork supply but futures are edging higher in sympathy with Live Cattle.
The U.S. GDP expanded at a 1.7% rate in the 2nd Quarter of 2012, in line with expectations.
Corn Sep +16 805; Dec +13 808; May +11 801
Bean Sep +10 1742; Nov +11 1733; May +10 1558 Meal +2.5 536.7 Oil +44 5617
Wheat Sep +25 880; Dec +24 900; Jly +12 859 KC +21 889; MGE +20 930
LC Aug +117 11200; Oct +187 12562; Feb +112 13237
FC Aug +20 14050; Oct +90 14537; Jan +80 14952
LH Oct +30 7355; Feb +7 7882
Milk Sep +16 1922; Oct +30 2029
Oats +11 385
Rice -13 1525
US$ +.1%
Dow unch
SP steady
NAS unch
Tran -.2%
VIX +1% 16.65
WTI -1.4%
Brent -.2%
Gas -1%
NG +.4%
HO -.3%
Eth +.7%
Gold -.1%
Slvr -.5%
5-yr +.021 0.699%
10yr +.034 1.671%
30yr +.035 2.785%
Tagged Post Topics Include: Economics, Market updates
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