Crop prices – relatively – immune to new downturn


Analysts voiced faith in agricultural commodity futures proving unscathed by a renewed downturn in the world economy even as they showed signs of losing their relative strength against other risk assets. Many farm commodities stood firm last week, even as shares tumbled, with the Dow Jones Industrial Average index of major US stocks losing 5.2%…

Lean hogs supported by export demand


Chicago Mercantile Exchange live cattle futures were steady to higher ahead of USDA’s monthly cattle on feed and semiannual inventory numbers. There was also some follow-through connected to Thursday’s strong export sales figure, along with spillover support from the bounce in corn. August was up $.55 at $110.55 and October was steady at $115.40. Feeders…

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