Market Analysis: Don Roose and Jeff French




Market to Market - Market Analysis show

Summary: Good planting weather, Chinese buying and a WASDE report made for mixed markets. For the week, July wheat dropped 22 cents and the nearby corn contract was unchanged. Chinese buying and trade talk met a bullish WASDE in the soy complex as the July soybean contract fell 12 cents. July soybean meal weakened $3.30 per ton. July cotton increased $1.98 per hundredweight. Over in the dairy parlor, June Class III milk futures jumped again, this time $3.12. Another volatile week in the livestock sector. June cattle improved $2.35. August feeders dropped $5.87.