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Market Analysis: Nov 25, 2001

posted on November 23, 2001


The grain markets finished the holiday-shortened week mixed as the trade focused on good overseas demand. For the week, wheat prices were down more than two cents. Corn prices were more than a penny higher.

Soybean futures were two cents lower. Soybean meal finished $2.30 lower per ton.

Cotton futures were 25-cents lower.

In livestock, fed cattle futures gained two dollars. Feeder cattle gained $1.18. the lean hog contract finished the week $1.52-higher.

In the financials, comex gold closed the week $1.80 lower per ounce. The euro was down 64-basis points against the dollar. And, the crb index finished the week nearly two points higher to close at 193.05.

Market Analysis: Nov 25, 2001

Join us again next week when we examine an ambitious effort to reduce agricultural run-off.


Tags: agriculture commodity prices markets news