Home Market Market Watch Seed Consultants Market Update 9:20am CDT

Seed Consultants Market Update 9:20am CDT

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Market Update 7-16-12   9:23am CDT

 

Citi earnings at $1 per share just over $ .95 estimate with net income down 12%

June retail sales poor at -.5%

Dow off 88

Tech stocks decline

$120 Oct cattle support

Heat induced liquidation

Pork movement OK but cash called easier

Pivot point s Dec Corn $7.70, $15.90 and Sept. Wheat $8.75

June crush 134.2 versus 132.8

Sept wheat at $1 premium to Sept. Corn as global losses divert sales to US



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