Market Update with Gary Wilhelmi 6/21/12 9:15 CDT

6-21-12   9:17  update


Dow dawdles up a few points after uneventful Fed release

Boxed beef volume good

Cash cattle not yet shaping up

Cash hogs steady to $1 on tight supplies, but margins remain in the red

Rains in westernCorn Beltbut have been breaking up at the river (normal)

Yields in question as pollination starts

Watch dryness inRussiaand Easter Europe

Russian source cut wheat to 50 MT from 56 MT


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