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National FOB Review
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Tomato Fax Report
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National Watermelon Report
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Corn Ends USDA Report Day with Gains
Corn futures closed with contracts fractional to 1 ½ cent gains across most contracts. The front month CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.15. A wet forecast over the next week across the Corn Belt limited much upside movement for the new crop contracts....
Hogs Close with Marginally Mixed Action
Lean hog futures closed Thursday with contracts down 27 to a nickel higher. USDA’s national average base hog negotiated price was reported at $105.95 on Thursday afternoon, down $1.38 from the day prior. The CME Lean Hog Index was up 94 cents on June 10, at $100.91. Pork export sales...
Soybeans Close with Weakness on Thursday
Soybean futures faced pressure post USDA release, as contracts were down 2 to 8 ¼ cents at the close. The cmdtyView Cash Bean price was 7 1/2 cents lower to $9.95 3/4. Soymeal futures were up 10 to 50 cents/ton, as Soy Oil posted losses of 28 to 41 points....
Wheat Closes with Mixed Action
The wheat complex posted mixed action on Thursday, as winter wheat contracts gave into weakness. Chicago SRW futures posted losses of 7 to 8 cents on the day. Kansas City HRW contracts were 2 to 4 cents lower on at the close. Minneapolis spring wheat futures found some strength, with...
Cattle Face Mixed Action, as Front Months Supported by Cash Trade
Live cattle futures saw June with 37 cent gains on Thursday, trying to keep up with the cash market, as other contracts were down 67 cents to $1.07. Cash trade has been reported at $235-238 in the South so far this week, with dressed action at $380 in the North....
Cotton Faces Pressure, Despite Smaller Stocks Estimates
Cotton futures posted losses of 18 to 33 points on Thursday, despite a fairly bullish WASDE report. Crude oil prices were up 82 cents/barrel, with the US dollar index falling $0.754 to $97.850. USDA showed a 400,000 bale increase to the US export figure for 2024/25, dropping stocks by the...
Corn Ends USDA Report Day with Gains
Corn futures closed with contracts fractional to 1 ½ cent gains across most contracts. The front month CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.15. A wet forecast over the next week across the Corn Belt limited much upside movement for the new crop contracts....
Soybeans Close with Weakness on Thursday
Soybean futures faced pressure post USDA release, as contracts were down 2 to 8 ¼ cents at the close. The cmdtyView Cash Bean price was 7 1/2 cents lower to $9.95 3/4. Soymeal futures were up 10 to 50 cents/ton, as Soy Oil posted losses of 28 to 41 points....
Cattle Face Mixed Action, as Front Months Supported by Cash Trade
Live cattle futures saw June with 37 cent gains on Thursday, trying to keep up with the cash market, as other contracts were down 67 cents to $1.07. Cash trade has been reported at $235-238 in the South so far this week, with dressed action at $380 in the North....
Wheat Closes with Mixed Action
The wheat complex posted mixed action on Thursday, as winter wheat contracts gave into weakness. Chicago SRW futures posted losses of 7 to 8 cents on the day. Kansas City HRW contracts were 2 to 4 cents lower on at the close. Minneapolis spring wheat futures found some strength, with...