News

Lean hog futures closed with $1.15 to $1.35 gains on Wednesday. Preliminary open interest data was up 5,132 contracts on Wednesday. USDA’s national average base hog negotiated price was reported at $98.29 on Wednesday afternoon, above the 5-day rolling average at $96.98. The CME Lean Hog Index was up another...

Live cattle futures saw losses $1 to $1.20 in the front months on Wednesday. Preliminary open interest was up 2,275 contracts. Cash trade showed very light action in KS at $220 on Wednesday. The Wednesday morning Fed Cattle Exchange online auction showed no sales on 1,546 head offered, with bids...

Cotton price action early on Thursday morning is down 14 to 32 points so far. Futures closed Wednesday with contracts down 22 to 26 points in the front months, as the outside markets were mixed. Crude oil prices were back up $0.96 on the day, with the US dollar index...

Wheat is showing mixed trade on Thursday morning, with the hard red contracts the strongest. The wheat market held onto some gains on the Wednesday session with spring wheat leading the charge. Chicago SRW futures were up 1 to 2 cents at the close. Kansas City HRW contracts are were...

Soybean futures settled Wednesday with 12 to 14 cent losses, as weaker products and lack of bullish news sent the market lower. Wednesday’s preliminary open interest was up 7,794 contracts, suggesting new selling interest. The cmdtyView Cash Bean price was down 13 1/4 cents to $10.02 3/4. Soymeal futures were...

The corn market is trading with 2 to 4 cent losses early on the Thursday session. Corn futures closed out the Wednesday session with weaker trade, as contracts were down 3 to 8 ½ cents at the close. Preliminary open interest rose 7,998 contracts on Wednesday, mostly in September, up...

The wheat market held onto some gains on the Wednesday session with spring wheat leading the charge. Chicago SRW futures were up 1 to 2 cents at the close. Kansas City HRW contracts are were firmer, with just fractional gains on the day. Minneapolis spring wheat futures were the bull...

Cotton futures closed Wednesday with contracts down 22 to 26 points in the front months, as the outside markets were mixed. Crude oil prices were back up $0.96 on the day, with the US dollar index $0.390 higher to $99.815. Weekly NASS Crop Progress data showed 52% of the crop...

Live cattle futures posted Wednesday losses $1 to $1.20 in the front months. Cash trade this week has been slow, with very light trade picked up in KS at $220 today. The Wednesday morning Fed Cattle Exchange online auction showed no sales on 1,546 head offered, with bids ranging from...

Corn futures closed out the Wednesday session with weaker trade, as contracts were down 3 to 8 ½ cents at the close. A light news day and rains in the forecast added to some bearish movement. The front month CmdtyView national average Cash Corn price was down 8 1/2 cent...

Lean hog futures were $1.15 to $1.35 higher on Wednesday. USDA’s national average base hog negotiated price was reported at $98.29 on Wednesday afternoon, above the 5-day rolling average at $96.98. The CME Lean Hog Index was up another 11 cents on May 26, at $93.05. USDA’s FOB plant pork...

Soybean futures settled Wednesday with 12 to 14 cent losses, as weaker products and lack of bullish news sent the market lower. The cmdtyView Cash Bean price was down 13 1/4 cents to $10.02 3/4. Soymeal futures were down $1.90 to $2.60/ton on the day, with Soy Oil futures 44...

Lean hog futures are up 45 to 85 cents across the nearbys on Wednesday. USDA’s national average base hog negotiated price was reported at $96.41 on Wednesday morning. The CME Lean Hog Index was up another 11 cents on May 26, at $93.05. USDA’s FOB plant pork cutout value from...

The wheat complex is showing mostly mixed action at midday, with spring wheat holding higher. Chicago SRW futures are posting fractionally mixed trade at midday. Kansas City HRW contracts are showing steady trade at midday, with some fractional gains. Minneapolis spring wheat futures are posting 6 to 8 ¼ cent...

Live cattle futures are slipping lower on Wednesday with losses of 90 cents to $1.05. Cash trade this week has been slow. The Wednesday morning Fed Cattle Exchange online auction showed no sales on 1,546 head offered, with bids ranging from $215-220. Feeder cattle futures are back to weaker trade,...