Cotton price action is mostly lower on Tuesday morning, down 3 to 10 points. Futures were up 8 to 33 points higher. Crude oil was back down $1.54/barrel, as futures are giving some risk premium back as Iran there was light talk of negotiations. The US dollar index was back...
Live cattle futures saw gains of $1.925 to $3.10 on Monday, taking back some of Friday’s weakness. Cash trade has yet to get kicked off this week. It was reported at $235 in TX and $233-238 KS last week, with northern trade at $380 dressed and $240-242 live trade in...
Lean hog futures saw gains of $1.97 to $2.55 on Monday after gapping higher at the open. Preliminary open interest was up 8,109 contracts on Monday. USDA’s national average base hog negotiated price was reported at $106.12 on Monday afternoon, up $1.17 from the day prior. The CME Lean Hog...
Corn futures are trading with fractional to 3 cent gains so far on Tuesday morning. The market posted sharp losses of 8 to 12 cents across most contracts on Monday. Preliminary open interest was down 2,290 contracts on Monday, with July falling 30,666 contracts, September up 11,183 and December rising...
The soybean complex is up 1 to 2 cents across the front months, as the products are slipping back this morning. Futures held on to the gains late in the day, as contracts were steady to 5 cents higher at the close. Preliminary open interest was up 1,588 contracts on...
The wheat market is trading with mixed action on Tuesday morning, with spring wheat weaker on the ratings improvement. Wheat futures were lower on Monday, with contracts falling across the three markets. Chicago SRW futures were down 7 to 8 cents across most front months. CME data showed preliminary open...
Wheat futures were lower on Monday, with contracts falling across the three markets. Chicago SRW futures were down 7 to 8 cents across most front months. Kansas City HRW contracts were 4 to 5 cents lower on the session. Minneapolis spring wheat futures ere 9 to 12 cents in the...
The corn market posted sharp losses of 8 to 12 cents across most contracts on Monday. The front month CmdtyView national average Cash Corn price was down 9 3/4 cents at $4.11 1/4. After a Friday rally, crude oil gave some of the gains back, down $1.54/barrel. After the Monday...
Lean hog futures saw gains of $1.97 to $2.55 on Monday after gapping higher at the open. USDA’s national average base hog negotiated price was reported at $106.12 on Monday afternoon, up $1.17 from the day prior. The CME Lean Hog Index was up $1.06 on June 12, at $102.81....
Soybean futures held on to the gains late in the day, as contracts were steady to 5 cents higher at the close. The cmdtyView Cash Bean price was 1/4 cents lower to $10.20 1/4. Soymeal futures fell $7.90 to $8.10/ton, as the EPA announcement is not friendly for the other...
Cotton futures were up 8 to 33 points higher. Crude oil was back down $1.54/barrel, as futures are giving some risk premium back as Iran there was light talk of negotiations. The US dollar index was back down $0.396 to $97.780. The weekly Crop Progress report indicated that the US...
Live cattle futures posted gains of $1.925 to $3.10 on Monday, taking back some of Friday’s weakness. Cash trade has yet to get kicked off this week. It was reported at $235 in TX and $233-238 KS last week, with northern trade at $380 dressed and $240-242 live trade in...
Soybean futures are showing mixed action, as July is down 1 ¼ cents and new crop contracts are 2 to 4 cents in the green. The cmdtyView Cash Bean price is 1 1/4 cents lower to $10.19 1/4. Soymeal futures are falling $7.70/ton, as the EPA announcement is not friendly...
Wheat futures are deep in the red at Monday’s midday. Chicago SRW futures are down 7 to 8 cents across most front months. Kansas City HRW contracts are also 4 to 5 cents lower so far on the session. Minneapolis spring wheat futures are 9 to 12 cents in the...
Lean hog futures are posting $1.50 to $2.05 gains at midday after gapping higher at the open. USDA’s national average base hog negotiated price was reported at $106.56 on Monday morning, up $2.51 from the day prior. The CME Lean Hog Index was up $1.06 on June 12, at $102.81....
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