Commentary
- Soybeans Hold onto Wednesday’s Bounce into the Close
- Soybeans posted gains of 4 to 9 ¼ cents across the board on Wednesday. The cmdtyView national average Cash Bean price was up 10 1/2 cents at $10.68 1/2. Soymeal futures were down $1.40 to $1 higher on the day, with Soy Oil futures 33 to 55 points higher. USDA...
- Wheat Slips Off Early Highs on Wednesday
- The wheat complex closed Wednesday mostly higher, but pulling off the highs late in the day. Chicago SRW closed with contracts up 2 ¼ to 4 ¾ cents across most months. KC HRW futures were steady to 5 ¼ cents higher, with nearby July down ¼ cent. up 1/2 to...
- Corn Slips Off the Highs into Wednesday’s Close
- Corn futures slipped off the early gains on the Wednesday session, with July down ½ cent and other contracts fractionally to 2 1/4 cents higher. The CmdtyView national average Cash Corn price was steady at $3.86 1/4. EIA’s weekly update showed a total of 1.108 million barrels per day of...
- Hogs Closes Mixed on Wednesday
- Lean hog futures saw mixed trade late on Wednesday, with contracts up 70 cents to 75 cents lower. USDA’s national base hog price was reported at $97.52 on Wednesday afternoon, up 4 cents from the day prior. The CME Lean Hog Index was up 13 cents on June 8 at...
- Cotton Closes Mixed on Wednesday
- Cotton futures closed the Wednesday session on a mixed note, with contracts down 16 points to 28 points higher. Crude oil was up $3.65to $91.85/barrel. The US dollar index was up $0.130 at $100.045. The Cotlook A Index was back up 40 points on 6/9 at 85.90 cents. ICE certified...
- Cattle Gains Hold on Wednesday
- Live cattle futures posted gains on Wednesday, with contracts up 42 cents to $2.07 on the day. There were no deliveries issued against June futures on Wednesday. Cash trade saw some light $402 dressed trade in the north yet, though it has yet to see much volume this week. Feeder...
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