Improved weather in Argentina weighed on corn and soy markets
Hogs futures are expected to open steady to slightly higher. The quarterly USDA Hogs and Pigs report seemingly held bullish implications to the market due to the decline of overall hog population. The marketing head, breeding head and all hogs fell short of trade expectations. February hog futures are expected to rise 0.35 cents to 85.90 cents/pound in early Monday action, and June are expected to surge 0.10 to 100.35.
Cotton futures started the week higher. In the news, China will levy sliding duties on cotton imports from January 1 to stabilize its domestic market beyond the quotas in 2014. This certainly did not discourage the bulls. The continuing weakness of US currency supported the cotton market as well. March cotton added 0.25 cents to 84.37 cents/pound just after sunrise Monday, while July cotton increased 0.44 cents to 83.86.
- Ag turned decidedly mixed Friday morning
- Fall armyworm moth capture sees big jump
- U.S. lawmakers warn Japan, Canada on Pacific trade deal talks
- NASA sponsors AgriLife research of drought-stricken trees
- USDA announces farm bill supplemental crop coverage
- Kites, balloon collect aerial data for soybean drought tolerance
- Don’t link bird decline and use of neonicotinoids
- Solar energy jobs increase, wind power decrease
- Comments end for Enlist Duo but not the fight
- Commentary: Setting the record straight on 'Waters of the U.S.'
- Setting the record straight on 'Waters of the U.S.'
- Look at fertilizer pricing 2013 vs. 2014