News

Live cattle futures pushed the gain into the close, rallying to new all time highs and up $1.55 to $3.40 on the day. June was up $10.82 this week. Cash trade this week saw wide ranges mostly $230-232 in the South and topping near $235. North action was mostly $240-242,...

Lean hog futures were rallying on Friday, with contracts up $1.77 to $2.35 at the close. July rose $2.17 this week. USDA’s national average base hog negotiated price was reported at $100.55 on Friday afternoon, down $1.30. The CME Lean Hog Index was up 82 cents on June 3, at...

Cotton futures posted 16 to 26 point gains across most contracts on Friday, as July was up 56 points this week. Crude oil prices were up $1.43/barrel, closing in on $65, with the US dollar index back up $0.466 to $99.170. The managed money crowd in cotton futures and options...

Soybeans held onto gains into the Friday close, with contracts climbing another 3 to 6 cents. Jul was up 15 ½ cents on the week, as November gained back 10 ¼ cents. The cmdtyView Cash Bean price was up 5 1/2 cents to $10.12 1/2. Soymeal futures were down $1.20...

The wheat complex posted gains on Friday, with contracts closing near their highs. Chicago SRW futures were 9 to 10 cents in the green at Friday’s close, as July rallied 20 ¾ cents on the week. Kansas City HRW contracts were 6 to 7 cents higher, with front month July...

Corn futures closed out the Friday session in rebound, with the recent bear spreading seeing some slight unwinding. Contracts were up 1 to 3 cents at the final bell. July was down just 1 ½ cents this week, with December up 10 ¾ cents. The front month CmdtyView national average...

Live cattle futures are up another 75 cents to $2 so far on Friday. Cash trade saw action increase to $230-232 sales in the South. North action has been $240-242. Feeder cattle futures are mixed, with August up 7 cent and other nearbys down 22 to 35 cents. The CME...

Lean hog futures are rallying on Friday, with contracts up $1.25 to $2.07 at midday. USDA’s national average base hog negotiated price was reported at $100.55 on Friday morning, up 93 cents. The CME Lean Hog Index was up 82 cents on June 3, at $96.57. USDA’s FOB plant pork...

Soybeans are recovering from overnight weakness on Friday, with midday strength of 2 to 7 cents. The cmdtyView Cash Bean price was up 7 cents to $10.14. Soymeal futures are down $1.20/ton higher, as Soy Oil are up 81 points. Export Sales data indicated a total of 48.65 MMT of...

Cotton futures are posting 30 to 46 points across most contracts at midday. Crude oil prices are up $1.37/barrel, closing in on $65, with the US dollar index back up $0.466 at midday to $99.170. USDA’s Export Sales data now has upland cotton sales at 11.525 million RB as of...

Corn futures are seeing some unwinding from the recent bear spreading as midday, with contracts fractionally to 5 cents higher. The front month CmdtyView national average Cash Corn price is up 4 3/4 at $4.20. Forecasts are running on the drier side for much of the Central Corn Belt in...

The wheat complex is posting gains across the three markets on Friday. Chicago SRW futures are 7 to 8 cents in the green at Friday’s midday. Kansas City HRW contracts are popping 4 to 5 cents higher at midday. Minneapolis spring wheat futures are up 4 to 6 cents at...

The wheat complex is trading with slight losses so far on Friday morning. Wheat is mixed at midday, as most contracts are sticking close to unchanged on Thursday. Chicago SRW futures posted gains of 2 to 3 cents across most contracts. Thursday’s Preliminary open interest was up 2,037 contracts. Kansas...

Corn is trading with 1 to 3 cent losses early on Friday morning. Futures closed out the Thursday session with July up ¾ cent and other contracts 3 to 5 cents in the green. Thursday’s Preliminary open interest dropped 14,425 contracts, with a bulk of that continuing out of the...

Cotton price action is showing little movement, with July up a point and other contracts own 8 to 10 points. Futures posted positive trade on Thursday, with contracts up 20 to 40 points on the day. Crude oil prices were up 43 cents/barrel, with the US dollar index showing steady...