Live cattle futures saw mixed trade on Friday, with contracts anywhere from 37 cents lower to 50 cents higher. Cash trade was quiet this week, with a few sales of $190 in the South and $197-198 in the North, both a $1-2 improvement from the week prior. Feeder cattle futures...
The wheat complex was in near free fall mode heading into the weekend, with losses across the three exchanges. Chicago SRW futures were down 13 to 15 cents. Kansas City HRW contracts were 16 cents lower in the front months as they hit fresh multi-year lows. MPLS spring wheat was...
Cotton futures were pulled lower on Friday, as contracts were down 72 to 116 points on the day. The outside markets had some effect, as crude as down $1.85/barrel on the session. CFTC data showed managed money spec funds in cotton futures and options adding 4,357 contracts to their net...
Soybeans gave back all of the gains in the August contract for this week and most of November’s on Friday, as contracts fell 28 to 38 ½ cents into the close. Product pressure was in play, especially from the Soy Oil futures, which were down 219 points. Soymeal futures were...
Lean hogs closed out the Friday session with contracts mixed, anywhere from 30 cents lower to 40 cents higher. The USDA National Base Hog price was reported at $82.13 on Friday afternoon, down $2.38 from the day prior. The CME Lean Hog Index was $91.39 on July 24, up 62...
Corn futures ended the Friday session with losses 10 to 11 ½ cent losses across most contracts. The weekly gain for September was 4 cents as Dc was up just over a nickel. The weekly Commitment of Traders report showed specs in corn futures and options covering 24,847 contracts from...
Lean hogs are trading mixed across the board on Friday, as contracts are mostly 30 ti 50 cents higher and August down a nickel. The USDA National Base Hog price was reported at $82.13 on Friday morning. The CME Lean Hog Index was $91.39 on July 24, up 62 cents...
Cotton futures are being pulled lower on Friday, as contracts are down 116 to 135 points at midday. The outside markets are having some effect, as crude is down $1/barrel on the day. With just under 2 reporting weeks left in the marketing year cotton export commitments of shipped and...
The wheat complex heading into the weekend with losses across the three exchanges. Chicago SRW futures are down 10 to 12 cents. Kansas City HRW contracts are down 13 to 15 cents. MPLS spring wheat is down another 10 to 12 cents. Export Sales data shows that exporters are sold...
Live cattle futures are showing 5 to 35 cent gains in most contracts on Fruday, with August down 15 cents. Cash trade has been quiet this week, with a few lighter sales of $190 in the South. A couple northern sales have been reported at $197-198 live this morning, with...
Corn futures are trading with 8 to 9 ½ cent losses so far on Friday, as modest gains from this week are being faded at week-end. Rain forecasts in the Eastern part of the Corn Belt have shifted a little further east, with western portions of IL seeing lower totals...
Soybeans are posting 22 to 25 cent losses as the bears take back control on Friday. August options expire today. Soymeal futures are up 80 cents/ton in the August contract. Soy Oil futures are collapsing to add to the pressure, down 166 points. USDA’s Export Sales report shows the total...
The wheat complex is trading with fractionally mixed in the winter wheat contracts on Friday with spring wheat up 4 to 6 cents. Futures saw weaker trade action on Thursday across the three exchanges. Chicago SRW futures were down 6 ½ to 9 ¼ cents. Kansas City HRW contracts are...
Lean hogs closed Thursday Mixed, with front months steady to 25 cents lower and others 7 to 27 cents higher. The USDA National Base Hog price was reported at $84.51 on Thursday afternoon, down 79 cents from the day prior. The CME Lean Hog Index was $90.77 on July 23,...
Corn prices are trading 3 to 4 on Friday morning. Futures finished the Thursday session with contracts closing 1 ¼ to 3 ½ cents in the green. That took the bulls’ winning streak to 4 days of admittedly modest gains. The Western Corn Belt remains mostly dry for the next...