Market Analysis: Ted Seifried




Market to Market - Market Analysis show

Summary: The weather kept itself in the headlines as hot and dry conditions worked over much of the grain belt. For the week, July wheat lost another 19 cents while the nearby corn contract improved 3 cents. China kept buying new crop U.S. soybeans to offer support for the soy complex. The July soybean contract increased 6 cents. July soybean meal fell $1.90 per ton. July cotton gained $1.79 per hundredweight. Over in the dairy parlor, June Class III milk futures improved 50 cents. A mixed week in the livestock sector.