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Hogs Posting Mixed Friday Trade
Lean hog futures are showing mixed trade at midday, with nearby December down 7 cents and other contracts up 15 to 20 cents. USDA’s national base hog price was not reported on Friday morning due to thin trade. The CME Lean Hog Index was down another 67 cents on October...
Cotton Facing Friday Weakness
Cotton futures are showing 48 to 52 point gains at midday. Crude oil is up $3.42 per barrel on the session, with the US dollar index $0.238 higher. USDA’s Export Sales data has cotton export commitments at 5.449 million RB, which was 15% above last year. That is 47% of...
Corn Facing Friday Weakness
Corn futures are giving the lows from earlier in the week another look as contracts are back down 2 to 4 cents at midday. The CmdtyView national average Cash Corn price is down 4 cents at $4.18 3/4. USDA reported a private export sale of 116,000 MT of corn to...
Soybeans Holding onto Friday Gains
Soybeans are holding higher on Friday, with contracts up 4 to 6 cents across most nearby contracts. The cmdtyView national average Cash Bean price is up 4 1/2 cents at $12.00 1/4. Soymeal futures are down 90 cents to $1.50, as Soy Oil futures are down 8 points. There was...
Wheat Bulls Trying to Find Footing on Friday
The wheat complex is holding higher on Friday across most contracts. Chicago SRW contracts are up 1 to 2 1/2 cents on the day. KC HRW futures are trading with fractionally mixed trade. MPLS spring wheat is steady to 1 ½ cents higher. Despite the reports of potential peace talks,...
Cattle Ticking Higher Ahead of USDA Report
Live cattle futures are trading with contracts steady to 27 cents higher on Friday. Cash trade has yet to be reported this week. The Friday morning Fed Cattle Exchange online auction showed no sales on the 1,884 head offered, with a few bids of $225-226. Feeder cattle futures are up...

  




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