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Kentucky Farm Bureau's July 18, 2018 close showed corn and soybeans slightly mixed after three higher closes, with lean hogs making new contract lows. Live and feeder cattle rallied to 4-5 month highs on light cash trade near $112 and firmer boxed beef.
Routine closing wrap; the cattle rally reflects tight cash supply and firmer beef values, while hog weakness reflects falling pork values and export problems that pressure hog prices.
kyfb.comJul 18, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
