From the daily archives: Wednesday, February 22, 2012

Milk Money 2/22/12

On February 22, 2012 - 4:56 PM By

Dairy Product Spot Call Reporter Today’s spot call was sleepy at best with few participants and light volumes.  Block and barrel cheese both traded down 0.50ٴ¢, ending the day at $1.48/lb. and $1.475/lb. respectively.  Butter was offered higher initially at $1.42/lb. but actually traded at unchanged, ending the day at $1.415/lb. Last Final Bid Final [...]

Continue Reading

Corn, soybeans close higher

On February 22, 2012 - 11:54 AM By

DES MOINES, Iowa (Agriculture.com)–The CME Group corn, soybeans and wheat markets started lower and finished higher Wednesday. The March corn futures finished 8 3/4 cents higher at $6.38 1/4. The March soybean contract finishes 1 1/2 cents higher at $12.72 1/4. The March wheat futures settled 11 1/2 cents higher at $6.44 1/2.  The March [...]

Continue Reading

Morning Grains 2/22/12

On February 22, 2012 - 9:16 AM By

02/21 10:43a CST DJ USDA Grain Inspections For Export In Metric Tons-Feb 21 Source: USDA For the week ending Feb 16, in thousand metric tons. Includes waterway shipments to Canada. Grain ——-week ending——- current previous Feb 16 Feb 09 last mkt yr mkt yr year to date to date Wheat 602.8 515.7 850.2 19,461.1 22,939.6 [...]

Continue Reading

Morning Softs 2/22/12

On February 22, 2012 - 9:06 AM By

COTTON General Comments: Futures were higher as traders noted that Greece got its bailout loans and as China moved to ease the monetary policy. Ideas are that the moves could create additional demand for Cotton. Spreads were a featured activity as traders roll out of March before the deliveries start, and March closed with small [...]

Continue Reading

The Nemenoff Report 2/22/12

On February 22, 2012 - 9:04 AM By

Financials: Mar. Bonds are currently 2 lower at 141’15 and the 10 Yr. Note 2 lower at 130’19. Yields on the 10 Yr. Note are once again above the 2.0% level (last 2.06%) and the yield on the 30 Yr. Bond now 3.15%. Agreement on a Greek bailout has helped stabilize markets and removed a [...]

Continue Reading

Trade Notices 2/22/12

On February 22, 2012 - 7:00 AM By

Futures First Delivery Date: FD: Feb Euro-KRX FD: Feb Japanese Yen-KRX FD: Feb US Dollar-KRX Futures Last Delivery Date: LD: Feb Euro-KRX LD: Feb Japanese Yen-KRX LD: Feb US Dollar-KRX

Continue Reading

Today’s Futures News

On February 22, 2012 - 7:00 AM By

Today’s Futures News Hog Futures Drop; Oil at Nine-Month High: Commodities at Close GRAINS, SOFT COMMODITIES Soybeans fell after rallying to the highest level in almost five months yesterday on speculation that forecasts for rains in Argentina will boost drought-damaged crops and as investors locked in gains. Wheat declined.See all stories on this topic » [...]

Continue Reading

Market Reports 2/22/12

On February 22, 2012 - 7:00 AM By

FR:CPI 1:30 AM ET     GB:BoE MPC Minutes 4:30 AM ET     US:MBA Purchase Applications 7:00 AM ET     US:ICSC-Goldman Store Sales 7:45 AM ET     US:Redbook 8:55 AM ET     US:Existing Home Sales 10:00 AM ET

Continue Reading