Market Commentary - March 11, 2010 (Close)
Corn
Corn closed mixed with slight changes from yesterday’s close. There was a bit of buying at lower money today off of minor support. Technical...
Soybeans
Soybean futures closed sharply lower with the cancelation of 2009/10 soybean sales to China dropping accumulated export sales by 115,808 MT....
Wheat
Wheat futures closed lower finishing below trendline support and driving the technical indicators into extreme oversold conditions. May wheat...
Cattle
Cattle futures closed mixed with not much change in price in either direction. Packers are bidding $91 for cash cattle and producers are asking $94...
Hogs
Lean hog futures closed lower with the April contracts staying above the moving average and the June contract closing just under the moving average...
Cotton
Cotton futures closed much lower breaking major technical support. The cotton stocks/use ratio at 20.6% is the lowest level since 1997 with the...
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