Commentary
Wheat Posts Mixed Trade on Tuesday
The wheat complex posted mixed trade on Tuesday. Chicago SRW was up fractionally to 4 cents in the front months, with deferreds 1 ¼ to 6 ½ cents lower. KC HRW futures posted 1 ¼ to 3 3/4 cent gains at the close. MPLS spring wheat slipped 2 ½ to...
Cattle Close Mixed on Tuesday
Live cattle futures closed mixed on Tuesday, with front months steady to 22 cents lower and deferreds 7 to 22 cents higher. Cash trade saw some light $350 action in the North so far this week as reported by USDA. Feeder cattle futures were $1.20 to $1.75 higher at the...
Cotton Fall the 4 Cent Limit on Tuesday
Cotton futures fell the 4 cent limit in most 2026/27 crop contracts, as other contracts were down 182 to 275 points. Crude oil was down $3.66 per barrel on the session, with the US dollar index $0.214 higher. Weekly Crop Progress data showed 70% of the US cotton crop with...
Hogs Rally Back on Tuesday
Lean hog futures closed with most front months $1 to $1.30 higher on the session. USDA’s national base hog price was tallied at $78.74 in the Tuesday PM report at $78.74. The CME Lean Hog Index was down another 55 cents on September 24 at $81.21. USDA’s pork carcass cutout...
Soybeans Rally on Turnaround Tuesday
Soybeans saw strength on Tuesday, with contracts rebounding 4 3/4 to 9 ¾ cents higher. The cmdtyView national average Cash Bean price was up 11 1/4 cents at $12.44 3/4. Soymeal futures were down 50 cents to $1.60 in the nearbys and 10 to 70 cents higher in the deferreds,...
Corn Slips Lower as Traders Square Up Ahead of USDA Report
Corn futures posted modest losses on Tuesday, with contracts fractionally to 2 ¾ cents lower at the close. The CmdtyView national average Cash Corn price was down 1/2 cent at $4.79 1/2. The Monday NASS Crop Progress report showed 72% of the US corn crop listed as mature as of...


  


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