Cotton prices are trading with 5 to 18 point losses across most contracts early on Tuesday, as July is the exception, up 16 points. Futures closed with gains of 14 to 37 points on Monday, with October down 54 points. Crude oil prices were up $0.80/barrel, with the US dollar...
Lean hog futures posted 10 to 70 cent gains on Monday. USDA’s national average base hog negotiated price was reported at $103.22 on Monday afternoon, up $2.67 from the day prior. The CME Lean Hog Index was up 80 cents on June 5, at $98.37. USDA’s FOB plant pork cutout...
Corn price action is sliding another 1 to 2 cents so far on Tuesday, as July is hitting fresh lows going back to October. Futures closed the Monday session with contracts under pressure, posing losses of 9 to 11 ¼ cents across most months. Preliminary open interest was down 3,980...
Live cattle futures saw Monday gains of 35 to 70 cents across the front months. Monday was first notice day for June live cattle, with no deliveries issued. Cash trade last week saw wide ranges mostly $225-232 in the South and topping near $235. North action was mostly $240-242, reaching...
Soybeans are 1 to 4 cents higher so far on the Tuesday morning part of the session. The soybean market posted 1 to 7 cent losses on Monday, led by the new crop contracts. Monday’s preliminary open interest was down 16,202 contracts. The cmdtyView Cash Bean price was down 1...
Wheat is continuing the weakness again on Tuesday morning, with contracts lower across the three markets. The wheat complex was weaker from the Monday morning open to the close, with losses across the three markets. Chicago SRW futures were back down 11 to 13 cents on Monday. Preliminary open interest...
Corn futures closed the Monday session with contracts under pressure, posing losses of 9 to 11 ¼ cents across most months. The front month CmdtyView national average Cash Corn price was down 8 3/4 at $4.09 1/2. NASS Crop Progress data showed the US corn crop at 97% planted, on...
Cotton futures closed with gains of 14 to 37 points on Monday, with October down 54 points. Crude oil prices were up $0.80/barrel, with the US dollar index back down $0.152 to $98.990. USDA reported 76% of the US cotton crop planted as of Sunday, lagging the 80% average pace....
Live cattle futures posted Monday gains of 35 to 70 cents on Monday. Today was first notice day for June live cattle, with no deliveries issued. Cash trade last week saw wide ranges mostly $225-232 in the South and topping near $235. North action was mostly $240-242, reaching $244 in...
Lean hog futures saw Monday gains of 10 to 70 cents. USDA’s national average base hog negotiated price was reported at $103.22 on Monday afternoon, up $2.67 from the day prior. The CME Lean Hog Index was up 80 cents on June 5, at $98.37. USDA’s FOB plant pork cutout...
The soybean market posted 1 to 7 cent losses on Monday, led by the new crop contracts. The cmdtyView Cash Bean price was down 1 1/4 cents to $10.11 1/2. Soymeal futures were down 20 cents to $1.60/ton, as Soy Oil was 12 to 17 points lower in the nearbys....
The wheat complex was weaker from the Monday morning open to the close, with losses across the three markets. Chicago SRW futures were back down 11 to 13 cents on Monday. Kansas City HRW contracts were also 11 to 13 cents lower on the day. Minneapolis spring wheat futures wre...
Lean hog futures are trading with steady action to 75 cent gains early on Monday. USDA’s national average base hog negotiated price was not reported on Monday morning, with the 5-day rolling average at $100.68. The CME Lean Hog Index was up 80 cents on June 5, at $98.37. CFTC...
Cotton futures are trading with contracts mixed, as nearby July is up 19 points and most other contracts down 5 to 10 points. Crude oil prices are up $0.22/barrel, with the US dollar index back down $0.212 to $98.930. The managed money crowd in cotton futures and options added 3,386...
Corn futures are trading with sharp losses on Monday, pressured by weakness in wheat and wet forecasts. The front month CmdtyView national average Cash Corn price is down 5 1/2 at $4.13 1/2. Weekly Export Inspections data tallied corn shipments at just 1.656 MT (65.22 mbu) in the week that...