Weekly Cattle Commentary 7/28/2017 This week’s cash prices finished at 117, 3$ lower than last week’s trades. Dressed sales 185 to 187$. Basis was 4$ over the August Live board. Estimated weekly slaughter was 627K head, 47K larger than the same week last year. Box prices in the PM report where 206.22 choice, and 196.82… Read more.
Futures Market News
This week we will touch briefly on what happened in the pork product market, the live hog market and how this will likely play out this week.
Though a global glut still holds sway in the market’s ongoing fall, conflict in the Middle East has been making its mark.
In this monthly news roundup, we’ll look at how crude finally halted its freefall in February, gold’s biggest monthly loss since September and how reports of a Chinese economic stimulus impacted copper prices.
U.S. wheat futures tumbled again on Thursday amid flagging demand for crops grown in the country.
In this January futures news roundup, we’ll look at how crude oil prices have stayed in freefall, why gold is attracting some investors and why copper is about to post its worst January in 27 years.
Gold and silver prices saw a slight recovery on Thursday, possibly due to the ECB’s announcement of extensive stimulus measures and plummeting crude prices.
Crude oil prices rose slightly on Thursday – a move that many analysts say is a brief respite in a market that remains volatile.
This monthly roundup will look at how crude oil looks to end the year, gold’s up and down month and how copper is seems ready to post its worst year since 2011.
U.S. wheat prices hit a seven-month high, a move that many analysts believe is a response to the Russian government’s interventions in the commodity’s markets.