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Market Analysis: Dec 01, 2000

posted on December 1, 2000


The grain markets finished the week mixed with wheat prices trading higher on tighter world supplies. Corn prices were mixed on mixed export numbers. Soybean futures were more than 15-cents higher. Soybean meal gained $14.40 per ton.

Cotton futures were down a nickel.

In livestock, fed cattle futures closed 90-cents lower. Feeder cattle were down 33-cents. The lean hog contract gained a dime.

In the financials, Comex gold gained two dollars an ounce. The Euro gained more than three points against the dollar. And the CRB Index finished the week more than a point-and-a-half higher to close at 228.70.

Here now to lend us his insight is one of our regular market analysts, John Roach. Welcome back.

Market Analysis: Dec 01, 2000 The grain markets finished the week mixed with wheat prices trading higher on tighter world supplies.

Tags: agriculture commodity prices markets news wheat