Market Analysis: Naomi Blohm

Market Analysis: Naomi Blohm

Market to Market - Market Analysis

Share:
The U.S. dollar weakened following the Fed’s announcement they will more likely than not begin tapering bond purchases. The lower dollar helped some of the commodities this week, as did a hot and dry weather pattern for much of the Grain Belt. For the week, December wheat added four cents while the nearby corn contract improved 17 cents. China’s interest and purchases in the soy complex were enough to overcome Friday’s trade lower. The November soybean contract expanded 33 cents. December meal lost $2.50 cents per ton. December cotton increased $1.70 per hundredweight.
...Read More
The U.S. dollar weakened following the Fed’s announcement they will more likely than not begin tapering bond purchases. The lower dollar helped some of the commodities this week, as did a hot and dry weather pattern for much of the Grain Belt. For the week, December wheat added four cents while the nearby corn contract improved 17 cents. China’s interest and purchases in the soy complex were enough to overcome Friday’s trade lower. The November soybean contract expanded 33 cents. December meal lost $2.50 cents per ton. December cotton increased $1.70 per hundredweight.
...Read More