Market Commentary - March 10, 2010 (Midday)
Corn
The opening range for corn at $3.53 to $3.55 was down 5 to 7 cents from yesterdays close. The USDA decreased yields and production but increased...
Soybeans
Soybean futures were double digits higher in the first hour of trade with good activity following this mornings USDA report. Soybeans are still...
Wheat
Wheat futures are lower after an increase in U.S. and world ending stocks. The USDA raised U.S. wheat ending stocks by 20 million bushels pushing...
Cattle
Cattle futures are mostly lower with most of the pressure on the June forward. Prices are currently in the upper half of the daily range however....
Hogs
Lean hog futures are higher, rebounding after the last four day decline on the reduction in total pork supplies for 2010 on this mornings WASDE...
Cotton
Cotton futures are lower after being higher earlier in the morning. USDA dropped cotton ending stocks to 3.2 million bales for 2009/10 due to an...
Full commentary...
