Prices continued to rise at most points Thursday as frigid temperatures and various types of frozen precipitation (sleet, freezing rain and snow) occupied more and more of the U.S. and Canada. A 32.3-cent spike by January futures on Wednesday gave extra support to Thursday’s cash market.
Sleet
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Modest Eastern Rallies Not Matched in the West
Predictions of a late-winter storm expected to bring snow and sleet (“perhaps a lot in some locations,” according to The Weather Channel) to eastern parts of the South Thursday helped to generate small rallies at most eastern points Wednesday. Virtually all increases were less than a dime, while a few scattered points were flat to barely lower.
February 26, 2004
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