The corn market was under pressure on Friday as contracts were 2 to 4 cents in the red. July closed the week, giving all the previous gains back, down 15 ½ cents, as December lost 12 ¼ cents. The front month CmdtyView national average Cash Corn price was down 1...
Soybeans were under pressure again on Friday, with contracts down 10 to 12 cents. July gave back 18 ½ cents this week, as November was down 23 ¾ cents. The cmdtyView Cash Bean price was down 9 3/4 cents to $9.95 1/2. Soymeal futures were steady on the day, as...
Wheat closed Friday’s trade with mixed action in the winter wheats, as the spring wheat held higher. Chicago SRW futures were steady to 2 cents lower, as July slipped back 8 ½ cents from last Friday. Kansas City HRW contracts closed with 1 to 2 cents gains, as nearby July...
Lean hog futures posted a Friday rally, as contracts were up $1.30 to $2. June was up $3.02 this week. USDA’s national average base hog negotiated price was reported at $95.40 on Friday afternoon, a $3.55 drop from the day prior. The CME Lean Hog Index was up 61 cents...
Cotton futures managed to sneak out front month gains of 20 to 22 points on Friday, as December was down a single point. July was 127 points in the red this week, with December down 87. Crude oil prices were down another $0.21 on the day, with the US dollar...
Live cattle futures saw some mixed trade, with contracts 50 to 75 cents lower in the front months. June was down just 32 cents this week. Cash trade showed sales at $221-223 in the South this week, with business at $234-237 in the North. Feeder cattle futures fell back $1.07...
Soybeans are feeling another round of bean oil pressure, with midday losses of 9 to 11 cents. The cmdtyView Cash Bean price is down 9 1/4 cents to $9.96. Soymeal futures are up $0.60/ton on the day, with Soy Oil futures 165 points lower. Bean oil is pulling back on...
Lean hog futures are rallying on Friday, with contracts up $1.17 to $2.10. USDA’s national average base hog negotiated price was reported at $96.03 on Friday morning, a $3.24 drop from the day prior. The CME Lean Hog Index was up 61 cents on May 28, at $94.13. Export Sales...
The corn market is trading with 2 to 4 cent losses on Friday’s midday. The front month CmdtyView national average Cash Corn price is down 2 ¼ cents at $4.19. USDA reported a private export sale this morning, with 210,560 MT sold to unknown destinations, with 145,560 MT for 2024/25...
Cotton futures are trading with steady action to 10 point losses in the front months on Friday, as October is down 38 points. Crude oil prices are down another $0.67 on the day, with the US dollar index $0.161 higher to $99.370. Export Sales data showed just 118,658 RB of...
Wheat is trading with gains at Friday’s midday, with contracts up across the three exchanges. Chicago SRW futures are showing fractional gains. Kansas City HRW contracts are showing 2 to 3 cent gains. Minneapolis spring wheat futures are another 9 to 10 cents in green. Export Sales data from this...
Live cattle futures are mixed on Friday, with June up 50 cents and other front months slipping lower. Cash trade showed sales at $221-223 in the South on this wee, with business at $234-235 in the North. Feeder cattle futures are trading with Friday losses of 30 to 40 cents...
The corn market is trading with slight losses early on Friday morning. Futures saw losses of 2 to 4 cents across most contracts on Thursday, as futures pulled off early session lows. Preliminary open interest was down 7,663 contracts, with July down 12,075 and September up 5,792 contracts. The front...
Wheat is feeling weaker in the winter wheat contracts early on Friday, with spring wheat showing gains. The wheat complex saw a stronger trade on Thursday, as the spring wheat market lead the charge. Chicago SRW futures were up 3 to 4 cents on the day. Preliminary open interest was...
Lean hog futures saw front months down 12 to 32 cents on Thursday, with some deferred contracts higher. Preliminary open interest was up 5,595 contracts. USDA’s national average base hog negotiated price was reported at $98.95 on Thursday afternoon, a 66 cent increase from the day prior. The CME Lean...