Chicago Mercantile Exchange live cattle futures on Friday drew pressure from funds that sold, or "rolled," June positions into back months before similar moves lasting five days beginning on Monday, said traders.
Corn closed higher Friday, finding support above its 20 day moving average for the first time in 30 plus days. Soybean futures retreated back below their 100 day moving average dropping 0.5% on Friday's close.
Chicago Mercantile Exchange live cattle nearby contracts on Wednesday were weakened by funds that sold, or "rolled," June positions into back months ahead of similar moves early next week, said traders.
January has arrived. Traditionally this is the time of year when people reflect on the year past and also think about changes that could be made in the New Year to move them toward their goals. As you make plans for thi