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Hog futures higher on oversold signals

At the Chicago Mercantile Exchange, live and feeder cattle were lower waiting for direct business to develop with boxed beef lower at midday. August live cattle closed $.60 lower at $178.32 and October lives closed $.67 lower at $181.05.  August feeder cattle closed... Read More.

Corn, wheat see oversold bounces

Soybeans were mixed, mostly modestly higher. Beans consolidated after the recent run to multi-month lows sparked by long liquidation and slow export demand. Soybeans essentially followed the lead of bean meal, which was mostly modestly higher on bull spreading, while bean oil was... Read More.