Market Commentary - November 20, 2009 (Midday)
Corn
Corn futures are slightly lower this morning. Corn prices have stabilized after Wednesday’s price reversal to the downside and are supporting on...
Soybeans
Soybean prices are higher. Soybeans continue to push against the $10.48 – 10.50 resistance (today’s high) for the third day with technical...
Wheat
Wheat futures are lower on all three exchanges basically mimicking the price range of yesterday. Wheat prices have improved over the past several...
Cattle
Cattle futures prices are mixed. Trade estimates for the monthly Cattle on Feed report that will be released after the close today, average 101.5...
Hogs
Lean Hog prices were almost $2 higher earlier today and even though the prices are higher, prices are on the mid section of the daily range. The...
Cotton
Cotton futures are higher, departing from the recent relationship to the dollar direction today, which is also higher. Cotton prices are 250...
Full commentary...