Cattle On Feed Report - - - AECO Nat Gas Struggles - - - Weak-Kneed Loonie - - - Ocean Freight Battle - - - U.S. Dollar Rips
Corn soybeans and canola all remain in a near-term uptrend. Energies (ie: crude oil) bounced back. Palladium, gold and orange juice all saw solid gains over the past week. But ocean freight Rates, cocoa, coffee, uranium and nickel saw sharp losses again.
The Baltic Dry Ocean Freight Index prices have been sliding over the past month. What’s happening with natural gas prices? Also, a recent commodity price factors along with some long-term charts to ponder . . . .
But lets start off with a look at the Cattle On Feed report just released Friday afternoon. What impact may it have on the cattle board on Monday morning?
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