Commentary
- Soybeans Square Up Heading into the Holiday Weekend
- Soybeans closed with front month losses of ½ to 5 ½ cents, as back months were 1 ½ to 4 ¼ cents lower. August managed to hold on for just a tick loss this week, with November down 8 ½ cents. The cmdtyView national average Cash Bean price was up...
- Corn Heads into the July 4th Weekend Mixed
- Corn futures were mixed on Thursday, with front months ¼ to 4 cents higher and deferreds down as much as 2 3/4 cents. September was up just 1 ¼ on the 4-day week, with December steady. The CmdtyView national average Cash Corn price was 1/4 cent higher at $3.93 3/4....
- Hogs See Front Month Gains on Thursday
- Lean hog futures were mixed, with front months rallying 50 cents to $1.70, as deferreds were down 7 to 30 cents. July was up 92 vents this week USDA’s national base hog price was reported at $95.47 on Thursday morning, down $1.45 from the day prior. The CME Lean Hog...
- Cotton See Pressure into the Long Weekend
- Cotton futures closed with contracts 20 to 72 points higher on Thursday, as December was up 74 points this week. The US dollar index is down $0.506 at $100.650. The market will observe the July 4th Independence Day Holiday on Friday, for a 3-day weekend. Sunday night will be a...
- Cattle Fall into the Holiday Weekend, with Wholesale Beef Weakness
- Live cattle futures closed with losses of $2.05 to $2.60 on Thursday, with August down $6.60 this week. Cash sales were picked up at $403 dressed in the north this week, with live trade at $255-256. Southern trade was $255, with both regions seeing weakness from the week prior. Feeder...
- Wheat Closes Mixed on Thursday
- The wheat complex saw mixed trade on Thursday, with the HRW market holding up. Chicago SRW contracts saw fractional to 1 ½ cent losses on Thursday, as September was up a dime this week. KC HRW futures saw 1 ¾ to 3 ¾ cents gains at the close, with September...
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