Commentary
Cotton Falls on Tuesday
Cotton futures posted losses of 143 to 231 across most contracts on Tuesday. The outside factors are pressure, with crude oil down $2.60 to $88.70/barrels. The US dollar index is down $0.049 at $99.975. Monday afternoon’s Crop Progress showed 77% of the US cotton crop planted as of Sunday, matching...
Soybeans Slip Lower on Tuesday, with Meal Pressure
Soybeans were weaker on Tuesday, with contracts closing fractionally to 4 ¾ cents lower. The cmdtyView national average Cash Bean price was up 1/4 cent at $10.58. Soymeal futures were down $1.60 to $2.70 on the day, with Soy Oil futures mixed, from 35 points higher to 34 points lower....
Hogs Extend Weakness to Tuesday, as Cutout Falls
Lean hog futures posted losses of 45 cents to $1.45 on Tuesday. USDA’s national base hog price was reported at $97.48 on Tuesday afternoon, up $1.37 from the day prior. The CME Lean Hog Index was up 3 cents on June 4 at $92.63. USDA’s pork carcass cutout value from...
Corn Pulls Back to Close Tuesday Mixed
Corn futures fell back off midday gains on Tuesday, with contracts steady to 1 ½ cents lower, with a ¾ cent gain in front month July. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $3.86 1/4. USDA reported a private export sale of 120,000 MT...
Wheat Closes Mixed on Tuesday
The wheat complex posted mixed action on Tuesday. Chicago SRW were up ½ to 2 cents in the front months on Tuesday, with other contracts down ¼ to 1 ½ cents. KC HRW futures saw fractional to 1 ½ cent gains across the board on Tuesday. MPLS spring wheat closed...
Cattle Turn Early Weakness to Late Session Gains
Live cattle futures saw gains of $1.50 to $2.97 most contracts on Tuesday. There were no deliveries issued on Tuesday, with the oldest long dated August 11, 2025. Cash trade was mainly $256-258 last week, with the early week action thus far compiling showlists. Feeder cattle futures closed with $2.00...


  


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