Market Analysis: Matt Bennett




Market to Market - Market Analysis show

Summary: Rumors of renewed buying by China and weather made for mixed markets. For the week, September wheat gained 11 cents while the nearby corn contract fell 9 cents. A large purchase of soybeans scheduled for an unknown destination and a dry 10-day forecast left the September contract flat by the final session. September meal dropped $1.80 per ton. December cotton lost 54 cents per hundredweight. Over in the dairy parlor, September Class III milk fell 58 cents. A mixed week in the livestock sector. October cattle gained a nickel. September feeders shed 73 cents.