Market Roundup Notes Mixed Changes Across Commodities
The report summarizes mixed market movements with gains in some grains and declines in others, following a soil bank payment announcement by Agriculture Secretary Benson. Wheat rose about 0.44 to 1.34, corn and oats showed increases, while soybeans firmed on carry expectations. Cotton futures steadied after early declines as spot prices firmed and local covering supported prices. USDA hogs and cattle at National Stockyards show higher volumes and strong demand, with various weight categories moving up in price.