Corn futures posted fractional to 1 ¼ cent losses on Thursday, as contracts pulled off the early weakness. The CmdtyView national average Cash Corn price was down by a penny on the day at $4.16. Export Sales data was tallied at 1.04 MMT for old crop in the week that...
Wheat futures were mixed across the three exchanges on Thursday, as the hard red contracts held up. Chicago SRW futures were down 3 to 4 cents in the front months at the close, pressured by a wet forecast. Kansas City HRW contracts rallied off early weakness into the close, up...
Lean hog futures were squaring up ahead of this afternoon’s Quarterly USDA report, with contracts down 35 to 70 cents. The USDA national average base hog negotiated price was down a dime at $88.09 in the Thursday PM report. The CME Lean Hog Index for March 25 was up 23...
Cotton futures posted strength on Thursday, as contracts closed with front month gains of 100 to 139 points. The outside markets were supportive on the day. Crude oil futures were up 29 cents/barrel, as the US dollar index $0.292 lower on the day. USDA Export Sales data totaled 84,405 RB...
Soybeans posted Thursday of 13 to 16 cents across most contracts. CmdtyView’s national front month Cash Bean price is up 18 cents at $9.60 1/2. Soymeal futures closed the Thursday session with contracts up 10 to 90 cents/ton, as Soy Oil futures were 110 to 163 points higher on the...
Live cattle futures put on a rally after starting out the day with losses, as contracts were up $2.40 to $2.80 higher. Cash trade has been slow this week, with light sales at $213 in the north reported. The Central Stockyards Fed Cattle Exchange online auction showed no sales on...
Live cattle futures are rallying on Thursday, with gains of $1.20 to $1.35. Cash trade has been slow this week, with light sales at $213 in the north reported by the USDA on Wednesday. The Central Stockyards Fed Cattle Exchange online auction showed no sales on the 1,328 head listed...
Corn futures are trading with midday losses on Thursday, as contracts are down 1 to 3 cents in the front months. The CmdtyView national average Cash Corn price is down 3 cents on the day at $4.14 3/4. Export Sales data was tallied at 1.04 MMT, between estimates of 0.6...
Lean hog futures are trading with losses of 65 cents to $1.60 in the nearbys on Thursday. The USDA national average base hog negotiated price was up 95 cents at $88.49 in the Thursday AM report. The CME Lean Hog Index for March 25 was up 23 cents from the...
Cotton futures are showing midday gains of 85 to 109 on Thursday. The outside markets are supportive on the day. Crude oil futures are up 8 cents/barrel and the US dollar index $0.342 higher on the day. USDA Export Sales data totaled 84,405 RB for 2024/25 in the week ending...
The wheat market is extending the losses into Thursday’s midday. Chicago SRW futures are down 5 to 6 cents in the front months. Kansas City HRW contracts are 4 to 5 cents lower in the nearbys. MPLS spring wheat is steady at midday, with some fractional losses. USDA’s Export Sales...
Soybeans are trading with 11 to 14 cents gains across the front months on Thursday. CmdtyView’s national front month Cash Bean price is up 14 cents at $9.56 1/2. Soymeal futures closed the midweek session with contracts up 50 cents/ton, with Soy Oil futures 156 to 166 points higher on...
Soybeans are trading with contracts up 5 to 7 cents so far on Thursday. The soybean market settled the midweek session with nearbys fractionally lower to and some new crop months fractionally higher. Wednesday’s preliminary open interest was down 6,696 contracts. CmdtyView’s national front month Cash Bean price was down...
Wheat is showing slight strength on Thursday morning. The wheat market posted another round of weakness on Wednesday. Chicago SRW futures were down 8 to 9 cents in the front months at the close. Kansas City HRW contracts saw losses of 4 to 6 cents in the nearby contracts. MPLS...
Live cattle posted Wednesday gains of 40 to 70 cents in the nearby contracts. Preliminary open interest was up 2,273 contracts. Cash trade has been slow this week, with light sales at $213 in the north reported by the USDA. The Central Stockyards Fed Cattle Exchange online auction showed no...