Market Analysis: Shawn Hackett




Market to Market - Market Analysis show

Summary: A weather market played out on two sides of the trade – too wet for some, too dry for others. For the week, the nearby wheat contract added 17 cents while the December corn contract improved 30 cents. China bought some U.S. beans, but still lagged behind pace to keep up with USDA projections while the planting of the South American crop surged. The January soybean contract gained 19 cents. December meal increased $5.20 per ton. December cotton expanded $6.59 per hundredweight. Over in the dairy parlor, December Class III milk futures fell 91 cents.