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Mixed Close for Cotton Futures -
The cotton market ended the final trade day of the week with a 27 point loss in July, but 15 to 28 point gains in new crop. July fell by 201 points July Hogs Led the Friday Rally -July lean hog futures closed ~60 cents under their session high, but still up by a 2.8%. That netted a weekly gain of $4.97. The other front months Cattle Turned Around for Mostly Higher Close -The live cattle futures market reversed course and ended Friday mostly higher. June and August futures ended in the red by 55 and 40 cents Chicago Wheat Rallies on Friday -CBT SRW futures closed with Friday gains of 1 1/4 to 4 cents. That left the July contract at a net 11 1/4 cent gain for the week. KC HRW futures Meal Slides as Beans and Oil Rally -Soymeal missed out on Friday buying as beans closed with 1.2% to 1.7% gains and soy oil rallied nearly 4%. For July soybeans that left the board at Red Close for Friday Corn Trade -Corn futures ended the report day near their initial report marks. July closed with a 6 cent loss for the session, which flipped the board net lower Full commentary... |
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