date:Oct 30, 2012
osses in the soybean market could potentially spark sell offs in the wheat market. Wheat futures are trading 5 cents higher.
Live cattle futures are called to open lower this morning. Despite last weeks steady to higher prices, sharp losses in wholesale beef prices are expected to pull futures lower at the open of pit trade. Wholesale beef prices declined $2.55 (choice) and $2.85 (select). Cash trade is called steady this week.
Lean hog futures are called to open lower this morning. The market