DTN Chart Technical Points 07/13 16:30 DTN FUTURES 10 7/13/20 SLOW STOCHASTIC
Feeder cattle contracts stormed through the day, closing easily $1.00 stronger throughout most of the complex.
FARM MARKET NEWS - CORN REPORT FOR Mon, July 13 Exchange rate was 1.3584 down 0.0003
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 13 Exchange rate was 1.3584 down 0.0003
New-crop contracts of corn and soybeans closed sharply lower Monday, pressured by a more crop-friendly forecast just as corn crops are starting to pollinate. Wheat prices were also lower in sympathy with corn and ignored Monday's lower U.S. dollar index.
After a strong up week, culminating in new highs for the move, the cotton market is setting back Monday.
WEEKLY CASH CATTLE 07/13 12:10 WEEKLY DIRECT SLAUGHTER CATTLE - FOR THE WEEK ENDING: 07/10
Livestock contracts struggle to find a sheer direction through Monday's early trade. The feeder cattle contract is strongly optimistic while the live cattle and lean hog complexes aren't as bullish.
Corn is 8 to 9 cents lower, soybeans are 13 to 14 cents lower, and wheat is 2 to 5 cents lower.