News

The bean market is trading with contracts 8 to 9 cents in the green. Soybeans saw higher trade at Tuesday’s close, with contracts up 2 to 4 cents across most front months. The cmdtyView Cash Bean price was up 2 ¼ cents to $10.03 1/2. Soymeal futures were up 70...

Wheat is trading with higher on Wednesday to push the rally a little further. The wheat complex posted a fresh round of buying on Tuesday, with double digit gains across all three exchanges. Chicago SRW futures were up 16 to 17 cents on the session. Tuesday’s Preliminary open interest was...

Cotton prices are trading with 29 to 40 point losses on Wednesday morning. Futures had some outside market support on Tuesday, with contracts up 30 to 50 points. Crude oil prices were up 12 cents, with the US dollar index down another $0.413 to $99.875. NASS pegged the US cotton...

Live cattle futures closed out the Tuesday session mixed, as nearbys contracts were anywhere from 22 cents higher to 7 cents lower. Preliminary open interest was up 2,409 contracts on Tuesday, though June was down 2,009. Cash trade has yet to see a broad test this week, with some light...

Lean hog futures closed Tuesday with contracts up 77 cents in June and steady to a dime lower in other nearbys. Preliminary open interest rose 2,083 contracts on Tuesday. USDA’s national average base hog negotiated price was reported at $93.40 on Tuesday afternoon, back up 89 cents from the day...

Corn futures were helped by a stronger wheat complex on Tuesday, as contracts closed with 6 to 7 cent nearby gains. The front month CmdtyView national average Cash Corn price was up 7 1/4 cents at $4.27. EIA will release their weekly ethanol production update on Wednesday, with the trade...

Live cattle futures ended the Tuesday session on a mixed note, as contracts were anywhere from 22 cents higher to 7 cents lower in the nearbys. Cash trade has yet to see a broad test this week, with some light $219 KS sales reported on Monday. Last week’s Southern sales...

Cotton futures had some outside market support on Tuesday, with contracts up 30 to 50 points. Crude oil prices were up 12 cents, with the US dollar index down another $0.413 to $99.875. NASS pegged the US cotton crop at 40% planted as of Sunday, slightly behind the 5-year average...

Soybeans saw higher trade at Tuesday’s close, with contracts up 2 to 4 cents across most front months. The cmdtyView Cash Bean price was up 2 ¼ cents to $10.03 1/2. Soymeal futures were up 70 cents to $1.50/ton on the day, with Soy Oil futures closing up 6 to...

The wheat complex posted a fresh round of buying on Tuesday, with double digit gains across all three exchanges. Chicago SRW futures were up 16 to 17 cents on the session. Kansas City HRW contracts closed with 13 to 14 cent gains. Minneapolis spring wheat futures were 11 to 13...

Lean hog futures closed out Tuesday with contracts up 77 cents in June and steady to a dime lower in other nearbys. USDA’s national average base hog negotiated price was reported at $93.40 on Tuesday afternoon, back up 89 cents from the day prior. The CME Lean Hog Index was...

Corn futures are getting some help via double digit gains in the wheat market, as contracts are up 5 to 6 cents at midday. The front month CmdtyView national average Cash Corn price is up 5 1/2 cents at $4.25 1/4. Crop Progress data showed the US corn crop at...

Cotton futures are ignoring the overnight weakness at Tuesday’s midday, with contracts 45 to 60 points higher. Crude oil prices are showing steady trade at midday, with the US dollar index down another $0.128 to $100.160. NASS pegged the US cotton crop at 40% planted as of Sunday, slightly behind...

Soybeans are trying to sneak out some gains at Tuesday’s midday, with contracts 1 to 4 cents higher. The cmdtyView Cash Bean price is up 1 ½ to $10.03 3/4. Soymeal futures are up $2.10/ton so far on the day, with Soy Oil futures back down 16 points at midday....