Wheat and livestock prices fall short of expectations
Wheat yield prospects in Kansas Oklahoma Texas and Colorado fade below government May estimates. Kansas spring wheat seen around 70 million bushels, far below 18 year earlier. U.S. wheat visible supplydown adds bearish tone though corn hogs hold firm. Chicago and Kansas City markets report varied gains and losses across cattle hogs and sheep with mixed demand and prices.
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Chicago
Kansas
Oklahoma
Texas
Colorado
United States
Sceu
Annan
Kass
City
Kansas City
Market Notes From Kansas City and Wall Street
Kansas City May 16 reports hay and grain prices with No 1 and No 2 alfalfa and Timothy values, broilers and hens in poultry markets, and cattle and hog mentions. Wall Street May 18 notes persistent stock-value erosion with limited rallies after dividend news, rails weak, and mixed responses in merchants shares and commodities.
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du Font
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du Pont
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