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Marketline report on December 3 noted live cattle futures rose on cash trade uptick ahead of the G-20 summit, with speculation China would import more beef due to swine fever. Feeder cattle slipped, and Chicago December wheat closed up 19 1/4 cents at 515 1/2 with December corn up 6 1/4 cents.
Expectations of Chinese beef buying tied to swine fever support cattle, while modest grain gains reflect trade-truce optimism.
aginfo.netDec 3, 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.
On Dec 3 December corn rose 6 1/4 cents alongside wheat in the post-G20 rally, confirming the price move within the window.
