Cotton futures closed out the Monday session with contracts posting 28 to 69 point gains. Crude oil was down $1.59/barrel at $66.86, with the US dollar index $0.256 higher to $97.785. Weekly Crop Progress data showed a total of 61% of the US cotton crop squaring, with 23% setting bolls....
Lean hog futures are down a tick in July, which expires on Tuesday, with other contracts falling $1.45 to $2.97 in the nearbys. USDA’s national base hog price was reported at $109.58 on Monday afternoon, up $2.89 from the day prior. The CME Lean Hog Index was down 4 cents...
Wheat is trading with losses across the three markets on Monday. Chicago SRW wheat posted 3 to 4 cent losses on Monday. July futures expired today. KC HRW contracts are were down 1 to 2 cents on the day. There were 5 deliveries against July on Friday evening. MPLS spring...
Live cattle futures closed out Monday with contracts $2.12 to $2.925 in the red at the close. Cash trade was up $4-5 last week at $228-$230 in the South, with Northern action $8-10 higher wk/wk at $240-241. Feeder cattle are fell lower on the Monday session as contracts were down...
Soybeans slipped lower on the Monday session, with contracts fractionally to 4 cents in the red. The cmdtyView national average Cash Bean price was down 3 ¼ cents at $9.61 1/2. Soymeal futures were down $1.50 to $2.60/ton, as Soy Oil was 25 to 42 points higher. Monday afternoon’s Crop...
Corn futures posted gains of 4 to 6 cents across most contract son Monday following the overnight gap lower. July futures expired today. The front month CmdtyView national average Cash Corn price was up 4 1/4 cents at $3.86 1/2. Crop Progress data showed the US corn crop at 34%...
Corn gapped lower at the Sunday night open but bulls were fighting back all night, and are holding onto 1 to 4 cent gains at midday. There were another 69 deliveries for July futures, which expire today. The front month CmdtyView national average Cash Corn price is up 2 cents...
Soybeans are slipping 2 to 7 cents so far on Monday’s midday. There were 4 deliveries issued for July futures on Friday evening. The cmdtyView national average Cash Bean price was down 4 ½ cents at $9.59 1/4. Soymeal futures are down $2.60/ton, as Soy Oil is 31 points higher....
Wheat is trading with losses across the three markets on Monday. Chicago SRW wheat is trading with 5 to 7 cent losses on Monday. There were another 34 delivery notices against July on Friday. July futures expire today. KC HRW contracts are falling 5 to 6 cents so far at...
Lean hog futures are up a tick in July, which expires on Tuesday, with other contracts falling $1.15 to $2.30 in the nearbys. USDA’s national base hog price was not reported on Monday morning, due to light volume. The CME Lean Hog Index was down 4 cents at $107.10 on...
Live cattle futures are $2.27 to $3.05 across the front months on Monday. Cash trade was up $4-5 last week at $228-$230 in the South, with Northern action $8-10 higher wk/wk at $240. Feeder cattle are falling $6 to $6.25 so far on the Monday session. The CME Feeder Cattle...
Cotton futures are trading with midday gains of 28 to 60 points so far on Monday, despite outside pressure. Crude oil is down $1.13 /barrel at $67.32, with the US dollar index $0.256 higher to $97.785. Friday afternoon's Commitment of Traders report showed a total of 3,180 contracts added to...
Soybeans are trading with gains of 2 to 5 cents so far on Monday morning. Futures posted Friday losses of 6 to 9 cents on the session, with futures failing to see bulls show up after USDA data was released. August soybeans dropped 51 1/4 cents this week, as November...
Cotton price action is trading with gains of 37 to 44 points on Monday morning. Futures ended the Friday session with losses of 5 to 30 points, as December was down 104 on the week. Crude oil is up $2.10 /barrel at $68.67, with the US dollar index $0.233 higher...
Wheat is showing positive trade early on Monday, with a rebound from Friday’s losses. The wheat complex posted losses across the three markets on Friday, following a larger than expected production total. Chicago SRW wheat was down 9 to 10 cents, with September down 11 ¾ cents this week. There...