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.
Self-contained hydraulic system with power cables (hydraulic). Tandem Henschen axles (hydraulic). Hydraulic fenders. Manual or hydraulic tilt. 6,500-gallon tank.
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- 2014 Farm Bill: Reallocating base acreage
- FAS administrator talks world ag export situation
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- New precision potassium fertilizer from AgroLiquid
- Ag markets ended the week in decidedly mixed fashion
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- Commentary: Barking up the wrong tree
- Water allocation for most drought-stricken Calif. farms to end
- Larson Electronics offers 150 Watt LED high bay light fixture
- Growth Points: Big data is about to get even bigger
- Update on the world’s 15 largest seed banks
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