News

Lean hog futures closed with mixed action, as contracts were down 22 to 45 cents, with exception to June, up 87 cents. USDA’s national average base hog negotiated price was reported at $101.85 on Thursday afternoon, down $1.20. The CME Lean Hog Index was up 41 cents on June 3,...

Cotton 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 trade at $98.670. USDA’s Export Sales report showed 109,785 RB of 2024/25 cotton sold in the week ending on...

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. Kansas City HRW contracts were up 1 to 2 cents in the nearbys on Thursday. Minneapolis spring wheat futures were mixed, with...

Live cattle futures were up another $3.37 to $4.50, as cash strength continues. Cash trade saw action increase to $230 sales in the South. North action has been quiet, with a few whispers of $240. Feeder cattle futures were rallying on Thursday, with contracts up $4.80 to $5.27. The CME...

Corn futures closed out the Thursday session with July up ¾ cent and other contracts 3 to 5 cents in the green. The front month CmdtyView national average Cash Corn price was up a penny at $4.15. The weekly Export Sales report this morning showed 942,276 MT of old crop...

Soybeans were strengthening on Thursday, as contracts were up 6 to 9 cents across most months following a call between President Trump and China’s President Xi. Contracts are up 7 to 9 cents. The cmdtyView Cash Bean price is up 9 cents to $10.09. Soymeal futures were steady to $2.40/ton...

The corn market is trading with Thursday gains across most contracts, with exception to the July as the spreading continues. New crop months are up 2 to 4 cents, with July down ¼. The front month CmdtyView national average Cash Corn price is down 1/4 cent at $4.14. The weekly...

Soybeans are posting midday gains on Thursday following a call between President Trump and Xi. Contracts are up 7 to 9 cents. The cmdtyView Cash Bean price is up 9 cents to $10.09. Soymeal futures are 70 cents/ton higher, as Soy Oil are down 16 points. President Trump and Chinese...

Wheat is mixed at midday, as most contracts are sticking close to unchanged on Thursday. Chicago SRW futures are showing fractional gains at midday trade. Kansas City HRW contracts are down 1 to 2 cents in the nearbys on Thursday. Minneapolis spring wheat futures are down 1 to 2 cents...

Live cattle futures are up another $3.02 to $4.30 at midday, as cash strength continues. Cash trade saw some $224-225 sales on Wednesday in the South, with bids coming in at $228 in the South and $235 in the North so far today. Feeder cattle futures are rallying on Thursday,...

Cotton futures are showing positive trade on Thursday, with contracts up 11 to 31 points so far at midday. Crude oil prices are up 61 cents/barrel, with the US dollar index showing steady trade at$98.725. USDA’s Export Sales report showed 109,785 RB of 2024/25 cotton sold in the week ending...

Lean hog futures are trading with mixed action, as contracts are within 50 cents of unchanged. USDA’s national average base hog negotiated price was reported at $99.62 on Thursday morning, down $2.74. The CME Lean Hog Index was up 41 cents on June 3, at $96.75. Weekly Export Sales data...

Wheat is trading with slight gains on Thursday morning. The wheat complex started off the Wednesday session slow, but closed with gains across the three markets. Chicago SRW futures saw 6 to 8 cent gains that the Wednesday close. Kansas City HRW contracts posted 3 to 4 cent gains at...

Live cattle futures closed in on all-time highs on Wednesday, falling a few cents short, as contracts were up $2.40 to $2.75. Preliminary open interest continues to close, up 2,813 contracts on Wednesday. Cash trade saw some $224-225 sales on Wednesday in the South. Northern business has been light. The...

Lean hog futures closed with strength across most contracts on Wednesday, with 45 cent to $1.05 gains. June was an exception, down a quarter. Preliminary open interest was up 6,370 contracts on Wednesday. USDA’s national average base hog negotiated price was reported at $103.05 on Wednesday afternoon, up $4.21 from...