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South America Ag News

03/12/2010 08:32AM

Packer bids of $91 in the central and southern plains are not garnering much interest. Kansas through Texas feedlots are asking $94 and $95. Given the fact wholesale beef has wallowed around this week, we see no reason to expect anything but steady at $92 action.

03/12/2010 08:31AM

Pit-traded lean hogs at the Chicago Mercantile Exchange could begin Friday's session mixed as traders square positions before the weekend and clean up leftover Goldman roll business.

03/12/2010 08:24AM

Feeder cattle futures closed mostly higher on Thursday, with strength stemming from lower corn values. Open interest was higher on the rally, signaling more new buying in the market.

03/12/2010 08:23AM

Supportive signals from outside markets and an absence of sellers are expected to nudge Chicago Board of Trade corn futures higher early Friday.

03/12/2010 08:21AM

Crude futures hit a two-month high Friday after an unexpected improvement in U.S. retail sales signaled that the economic recovery continues to gain momentum.
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