(309)734-2111 Studio (309)734-9452 Office
Supply concerns pressure hog futures

Supply concerns pressure hog futures

At the Chicago Mercantile Exchange, live cattle futures closed lower on profit taking and the lack of direction from the cash trade.  Feeder cattle futures fell, pressured by the days higher move in corn.  February live cattle closed $.72 lower at $127.10 and April...
Tariff rumors support markets

Tariff rumors support markets

Reports the U.S. is considering lifting tariffs on Chinese imports helped support financial and some commodity markets Thursday. Originally reported by the Wall Street Journal, the rumor was denied by Trump administration officials speaking to CNBC. Cabinet-level...