HARVEST HOURS
- Cattle Close Mixed on Monday
- Live cattle futures posted mixed trade, with front months down 22 to 40 cents and back months 10 to 35 points. Cash trade has yet to get kicked off, as trade was $222-223 live and $345 dressed action in the North last week, with some southern action near $226. Feeder...
- Soybeans Slip Lower on Monday
- Soybeans pulled off early sharp losses on Monday, with contracts fractionally to 4 ¼ cents higher and nearly a dime off the lows. The cmdtyView national average Cash Bean price was down 6 3/4 cents at $12.27 1/4. Soymeal futures were 40 cents to $6.90 higher, with Soy Oil futures...
- Corn Gets a Dead Cat Bounce on Monday
- Corn futures posted steady to fractionally higher trade in deferred contracts on Monday, with front months posting 2 ½ to 3 ¼ cent gains for a dead cat bounce following the sharp Friday USDA-led losses. The CmdtyView national average Cash Corn price was up 3 1/2 cents at $4.41 1/2....
- Cotton Closes higher on Monday
- Cotton futures closed the Monday trade with contracts 6 to 22 points higher on Monday. Crude oil is up $1.31 per barrel on the session, with the US dollar index $0.343 higher. The Seam reported 2,539 bales sold on 10/9, at an average of 79.53 cents/lb. The Cotlook A index...
- Hogs Firm on Monday, as Pork Prices Bounce
- Lean hog futures closed with contracts 22 cents to $1.05 higher. USDA’s national base hog price was reported at $71.02 on Monday morning, down $3.24 from the day prior. The CME Lean Hog Index was down another 80 cents on October 8 at $77.61. USDA’s pork carcass cutout value was...
- Wheat Posts Mixed Monday Trade
- The wheat complex is showing modest weakness so far at Monday’s midday. Chicago SRW contracts posted firmer Monday trade, with contracts steady to 1 ¼ cents higher. KC HRW futures were 2 to 4 cents in the red at the close. MPLS spring wheat was mixed, with front month steady...
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