News

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....

The corn market is trading with contracts falling 8 to 12 cents lower at midday. The front month CmdtyView national average Cash Corn price is down 11 1/2 cents at $4.09 ½. After a Friday rally, crude oil is giving some of the gains back, down $1.29/barrel. USDA’s Export Inspections...

Cotton futures are down 7 points in July, with other contracts 22 to 50 points higher. Crude oil is back down $1.11/barrel at midday, as futures are giving some risk premium back following a weekend full of Israel and Iran strikes. The US dollar index is back down $0.396 to...

Live cattle futures are up $2.07 to 3.525 in the front months. Cash trade was reported at $235 in TX and $233-238 KS last week. Northern trade was $380 dressed and $240-242 trade in NE, steady to $2 lower than the week previous. Feeder cattle futures are in bunce back...

Lean hog futures ended last week mixed on Friday, with contracts up 60 cents to a nickel lower, as July was up $2.375 on the week. USDA’s national average base hog negotiated price was reported at $104.95 on Friday morning, down $1.00 from the day prior. The CME Lean Hog...

Corn is trading with Monday morning losses of 4 to 6 Futures closed out Friday trade with some strength, as July was 6 cents higher and some new crop contracts posting 2 to 3 cent gains. July corn closed the week with a 2 cent pop, with December slipping back...

Wheat futures are trading with losses on Monday morning, with contracts down 3 to 7 cents. The wheat complex was in rally mode across the across the three exchanges on Friday. Chicago SRW futures were up 17 to 18 cents on the day, with July slipping back over the course...

Live cattle futures saw Friday losses of $3.10 to $4.50, as pressure was from a weaker equity market added to a risk off approach. June slipped back $1.20 last week. Cash trade was reported at $235 in TX and $233-238 KS last week. Northern trade was $380 dressed and $240-242...

Soybeans are trading with Monday AM gains of 5 to 7 cents, following the bean oil strength. That market is up 364 points, and using part of the 450 point expanded limits. The soybean market was well supported on Friday, following the EPA's release from this morning. Contracts closed the...

Cotton price action is higher early on Monday, with gains of 10 to 25 points. Futures posted marginal 22 to 45 point gains on Friday, with some help from the outside markets. July was down 26 points last week, with December closing 37 points lower. Crude oil was up $5.27/barrel...

Lean hog futures ended the week mixed, with contracts up 60 cents to a nickel lower, as July was up $2.375 on the week. USDA’s national average base hog negotiated price was reported at $104.95 on Friday morning, down $1.00 from the day prior. The CME Lean Hog Index was...

Live cattle futures posted Friday losses of $3.10 to $4.50, as pressure from a weaker equity market added to a risk off approach. June slipped back $1.20 this week. Cash trade has been reported at $235 in TX and $233-238 KS so far this week. Northern trade was $380 dressed...

Corn futures closed out Friday trade with some strength, as July was 6 cents higher and some new crop contracts posting 2 to 3 cent gains. July corn closed the week with a 2 cent pop, with December slipping back 6 1/4 cents on the week. The front month CmdtyView...