While hog supplies are looking stronger, cattle could face higher prices over time, especially if harsh weather comes into play.
Most major indexes trended downward Wednesday, while market volume also drifted lower.
With the ECB signaling there could be more policy easing in the future, the market reacted by breaking the Euro currency future’s win streak and sending prices lower by 0.70%. Use an options spread to set up a trade with a great risk vs. reward ratio.
Canada’s dollar fell to the lowest level in three years as central-bank Governor Stephen Poloz warned of the risks of low inflation, spurring speculation interest-rate cuts may be considered.