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.
- Boxers or Briefs? Underwear buried to demonstrate unhealthy soil
- Tire makers race to turn dandelions into rubber
- Toro releases guide for using micro-sprinklers for IPM
- USDA to fund $25 million in value-added producer grants
- Crop futures mostly higher, livestock prices stabilizing
- Suppress Palmer pigweed with a ryegrass cover crop
- Deere to lay off more than 600 at four U.S. plants
- The four pillars of seeing opportunities in problems
- Slow pace of rail recovery stirs fear of future woes
- New DuPont Afforia herbicide introduced for soybeans
- Cooperative exits retail and automotive business
- RTK brings higher level of accuracy to farmers
- No El Niño in 2014? Drought-weary California in trouble
- Suspected Bt corn rootworm resistance in Pennsylvania
- BioNitrogen to build second fertilizer plant in Texas
- Commentary: Setting the record straight on 'Waters of the U.S.'
- Soybean aphid numbers on the rise
- Solar energy jobs increase, wind power decrease