DTN CATTLE PRICES/TRENDS 08/11 08:00 TOTALS OF WEEKLY SALES REPORTED TO DTN FOR THE WEEK OF: 08/04-08/08
The cotton market is somewhat higher Monday as certain outside markets and a lopsided speculative short position are offering some support.
USDA Daily Market Rates 08/11 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES)
Cattle futures took a beating as lower cash trade triggered liquidation. The market was poised to fall on any negative news, and Friday was the day. Hogs withstood the negativity of the cattle market as traders held their position into the weekend.
EARLY MORNING GLOBEX NET CHANGES: September corn is up 3 cents per bushel, November soybeans are up 22 1/2 cents, September KC wheat is up 1/4 cent, September Chicago wheat is up 3 1/2 cents, and MIAX September Minneapolis wheat is up 0.0325 cents.
DTN Chart Technical Points 08/08 16:30 DTN FUTURES 10 8/08/25 SLOW STOCHASTIC
It was a painstaking day to watch the cattle contracts close sharply lower as traders elected to partake in some profit-taking following Thursday's record high close. Some light cash cattle trade has developed in the South at $235, which is $0.50 lower than last week's weighted average, and in the North at $380, which is $4.00 lower than last week's weighted average.
FARM MARKET NEWS - CORN REPORT FOR Fri, August 8 Exchange rate was 1.3727 down 0.0008
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 8 Exchange rate was 1.3727 down 0.0008
Cotton AWP/LDP 08/08 15:13 Weekly cotton Fine Count Price and Adjustment data.
