HARVEST HOURS
- Wheat Gets a Thursday Bounce on Export News
- The wheat complex found strength midway through the Thursday session following China rumors and a marketing year high in export business. Chicago SRW contracts were up 1 to 4 ¾ cents. KC HRW futures were 1 ¼ to 2 ¼ cents higher at the close. MPLS spring wheat was up...
- Hogs Pop Higher on Thursday
- Lean hog futures posted steady to $1.22 gains on Thursday. USDA’s national base hog price was reported at $63.78 in the Thursday PM report, up $7.22 from the day prior. The CME Lean Hog Index was down $1.06 on October 27 at $68.30. Export Sales data showed 42,278 MT of...
- Corn Holds Steady on Thursday
- Corn futures posted mixed trade at the close on Thursday, with contracts anywhere from down a penny to 1 ¼ cents higher across the board. The CmdtyView national average Cash Corn price was unch at $4.14 3/4. The average close for December corn futures in October has been $4.76, as...
- Soybeans Close Thursday with Mixed Trade
- Soybeans were down ½ to 4 ¾ cents in the front months on Thursday with some deferreds fractionally to 3 ents higher. First notice day for November is on Friday. The cmdtyView national average Cash Bean price was down 4 cents at $11.63. Soymeal futures were 50 cents to $6.50...
- Cotton Powers Higher on Thursday
- Cotton futures closed with gains of 21 to 43 points across the board on Thursday. Crude oil was up 8 cents per barrel on the session, with the US dollar index $0.271 lower. USDA’s Export Sales report showed 216,488 RB of cotton sales in the week ending in October 22,...
- Cattle See Thursday Weakness, as Feeders Close Mixed
- Live cattle futures fell lower on Thursday, with contracts down a dime to $1.02. Cash trade has been quiet this week with a few sales reported by USDA at $223-226 live in the north and $350-365 dressed. The Thursday morning Fed Cattle Exchange online auction showed 225 bids on several...
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