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Market Analysis: Dec 15, 2000

posted on December 15, 2000

The grain markets were lower this week despite better export news. Wheat prices were down more than eight cents. Corn futures were fractionally lower. Soybean futures closed the week down two to four cents. Soybean meal finished $1.90 higher.

In livestock, fed cattle futures gained 73-cents. Feeder cattle gained a nickel. The lean hog contract gained $1.50.

Nearby cotton futures closed down more than 17-cents.

In the financials, comex gold gained $1.80. The euro finished 123 basis points higher against the dollar, and the crb index finished the week nearly two-and-a-half points higher to close at 226.80.

Market Analysis: Dec 15, 2000 Thanks Virgil. That wraps up this edition of Market to Market. Join us again next week when we examine the composition of the new government in Washington and what it may mean to Rural America. Until then, I'm Mark Pearson. Thanks for watching. Have a good week.

Tags: agriculture commodity prices markets news