Commentary
- Soybeans Falling Lower on Wednesday
- Soybeans are falling with 6 to 9 cent losses across most contracts on Wednesday. The cmdtyView national average Cash Bean price is down 9 cents at $10.97 3/4. Soymeal futures are $2.30 to $4 lower, with Soy Oil futures 60 to 80 points higher. As Wall Street Journal report stated...
- Cattle Pulling Off Early Lows on Wednesday
- Live cattle futures started Wednesday with losses, but is slowly pulling off to post midday losses of just 17 to 85 cents. Cash trade started to creep in this week at $255 this week, with $256 bids reported this morning. The Wednesday Fed Cattle Exchange showed sales of $257 on...
- Cotton Facing Weakness on Wednesday
- Cotton futures are trading with 45 to 73 point losses across most contracts on Wednesday. The US dollar index is up $0.296 at $99.480. Crude Oil is another $1.96 higher to $95.72 The Seam reported sales on 137 bales on Tuesday at an average of 69.80 cents/lb. The Cotlook A...
- Wheat Losses Pushing to Wednesday’s Midday
- The wheat complex is falling on Wednesday’s midday, with contracts down across the board. Chicago SRW futures are 15 to 17 cents lower at midday. KC HRW futures are trading with contracts 14 to 15 cents in the red. MPLS spring wheat is down 10 to 11 cents on Wednesday....
- Hog Posting Wednesday Gains Midweek Session
- Lean hog futures are up 25 to 80 cents in the front months on Wednesday. USDA’s national base hog price was reported at $94.37 on Wednesday afternoon, down 38 cents from the day prior. The CME Lean Hog Index was back up 14 cents on June 1 at $91.65. USDA’s...
- Corn Reverting from Early Gains to Midday Losses
- Corn futures are falling 5 to 6 ½ vents across the front months on Wednesday. The CmdtyView national average Cash Corn price was down 6 ¼ cents at $3.98 ¼. USDA reported a private export sale of 136,000 MT of corn to South Korea this morning for 2026/27 shipment. Ahead...
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