Market Analysis: Arlan Suderman




Market to Market - Market Analysis show

Summary: Exports picked up and took the corn market with it. March wheat lost six cents while the nearby corn contract added 14 cents. An Argentine worker strike combined with dry weather and a run on soy oil pushed soybeans through the $12 resistance threshold resulting in a 60 cent gain. January soybean meal skyrocketed $25.20 per ton. March cotton expanded $2.96 per hundredweight. Over in the dairy parlor, January Class III milk futures shed 68 cents. An up week in the livestock sector. February cattle improved $1.55. January feeders added 67 cents.