Market Update - November 12, 2014
Posted on Nov 12, 2014Cattle futures are moderately higher and near the day’s highs. I suspect that midday beef values may be firming but the USDA report isn’t available yet. Hog futures are also higher on Tuesday’s rising pork cutout values.
Corn Dec +5 379; May +4 400; Dec +4 423 Bean Jan -11 1053 (1044-86); May -8 1062; Nov -4 1033 Meal Dec -6 395; May -2 355 Oil -26 3261 Wheat Dec +16 541; Jly +13 557 KC +19 597; MGE +15 582 Oats +1 337 Rice +13 1198
LC Dec +37 16762; Feb +77 16917; Jun +77 15837 FC Nov +7 23892; Jan +35 23300; Mar +47 23102 LH Dec +15 9005; Feb +50 8995; Apr +50 9150 Milk Nov -5 2159; Dec -13 1853
US$ +.1%
Dow -.2% SP -.2% NAS steady Tran -.1% VIX +2.5% 13.24
WTI steady Brent -.6% Gas +.2% NG -1.8% HO -.2% Eth +1.2% Gold +.1% Slvr -.3%
5-yr -.013 1.628% 10yr -.013 2.346% 30yr -.018 3.070%
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Tagged Post Topics Include: Economics, Market updates
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