Cotton price action is fown 33 to 38 points on Tuesday morning. Futures were 16 to 35 points lower across most contracts on Monday, as pressure continues to show up. The US dollar index was back up $0.273 on the session to $99.005, with crude oil $0.63/barrel higher. Friday’s online...
Lean hog futures were mixed on Monday, with the front months leading the charge higher, up 7 to 82 cents. October futures expire on Tuesday. USDA’s national base hog price from Monday afternoon was reported at $92.29, down $4.11 from the day prior. The CME Lean Hog Index was down...
Wheat is continuing its grind lower on Tuesday morning. The wheat complex was mostly lower on Monday, with some back months seeing strength at the close. CBT soft red wheat futures saw front months with fractional to 2 cent losses, as some deferreds were ¼ cent higher. Preliminary open interest...
Corn futures are down 1 to 2 cents early on Tuesday. The corn market rounded out the Monday session with contracts posting fractional to 2 ¼ cent losses. Preliminary interest continues to show some mew selling interest, up 15,821 contracts on Monday. The CmdtyView national average Cash Corn price was...
Soybeans are trending lower on Tuesday morning, with losses of 4 to 5 cents. Futures saw a slight recovery on Monday with contracts up fractionally to 2 ½ cents at the close. Open interest data was down 5,810 contracts on Monday. November soybeans are averaging $10.18 at the close in...
Live cattle futures were higher again on Monday, with gains of 35 cents to $2.22. There were no deliveries issued for October live cattle on Monday, with the oldest long dated August 7. Cash cattle trade last week closed in on $234-235 for much of the country, $2 higher in...
Soybeans saw a slight recovery on Monday with contracts up fractionally to 2 ½ cents at the close. November soybeans are averaging $10.18 at the close in the nine sessions through October. The cmdtyView national average Cash Bean price was 1 3/4 cents higher at $9.33 3/4. Soymeal futures were...
The corn market rounded out the Monday session with contracts posting fractional to 2 ¼ cent losses. The CmdtyView national average Cash Corn price was 2 ¼ cents lower at $3.69 1/2. December has averaged a $4.18 close since the first of October. Amid the government shutdown, Monday is Columbus...
Live cattle futures saw another round of strength on Monday, with gains of 35 cents to $2.22. There were no deliveries issued for October live cattle on Monday, with the oldest long dated August 7. Cash cattle trade last week closed in on $234-235 for much of the country, $2...
Cotton futures were 16 to 35 points lower across most contracts on Monday, as pressure continues to show up. The US dollar index was back up $0.273 on the session to $99.005, with crude oil $0.63/barrel higher. On Friday, President Trump announced a new 100% tariff on Chinese goods starting...
The wheat complex was mostly lower on Monday, with some back months seeing strength at the close. CBT soft red wheat futures saw front months with fractional to 2 cent losses, as some deferreds were ¼ cent higher. KC HRW futures posted 1 ¾ to 2 ¾ cent losses in...
Lean hog futures were mixed on Monday, with the front months leading the charge higher, up 7 to 82 cents. USDA’s national base hog price from Monday afternoon was reported at $92.29, down $4.11 from the day prior. The CME Lean Hog Index was down another 65 cents on October...
The wheat complex is showing mostly steady trade at midday, with the three exchanges within a penny of unchanged. CBT soft red wheat futures are fractionally lower on Monday. KC HRW futures is starting the week with contracts down as much as a penny at midday. MPLS spring wheat futures...
Soybeans are trading with midday action of down ¼ cent for November and other contracts 1 to 2 cents higher. The cmdtyView national average Cash Bean price is 1/4 cent higher at $9.31 1/4. Soymeal futures are down $1.20/ton, with Soy Oil up 65 points in the day, as crude...
Corn futures are down 1 to 2 ½ cents at midday, with most contracts feeling pressure continue to start the week. The CmdtyView national average Cash Corn price is 2 ½ cents lower at $3.68 1/4. Amid the government shutdown, Monday is Columbus Day, a federal holiday. Thus, the Export...