Market Analysis: Mark Gold




Market to Market - Market Analysis show

Summary: The commodities were under pressure from weather and boosted by sales. For the week, September wheat gained a nickel while the nearby corn contract lost 7 cents. July has proven to be a big month of sales to China in the U.S. soy complex. The August soybean contract added 7 cents. August soybean meal improved $4.30 per ton. December cotton lost $1.70 per hundredweight. In the dairy parlor, August Class III milk futures decreased 70 cents. A mixed week in the livestock sector. August cattle dropped $1.95. August feeders shed 65 cents. And the August lean hog contract added $1.20.