Commentary
- Corn Following Wheat Higher on Friday
- Corn futures rounded out the week in rally mode, as contracts were up 5 to 11 ¼ cents across the board on Friday September rallied 20 cents on the week with December up 21 ¼ cents. The CmdtyView national average Cash Corn price was up 11 3/4 cents at $4.30....
- Wheat Bulls Put Premium in Heading into the Weekend
- The wheat complex led the grain rally on Friday, following more Black Sea news. Chicago SRW contracts were up 11 3/4 to 22 cents on Friday, with a weekly gain of 35 cents. KC HRW futures led the wheat rally, with contracts up 15 to 33 cents on Friday, as...
- Soybeans Find Strength to Close the Week
- Soybeans posted gains of 5 ½ to 11 ¾ cents across most contracts on Friday, with September up 18 ¾ cents on the week. November was up 16 ¼ cents. The cmdtyView national average Cash Bean price was up 10 3/4 cents at $11.50. Soymeal futures closed the session with...
- Cattle Face Losses on Friday
- Live cattle futures faced Friday pressure, but bounced off the lows to close with contracts 85 cents to $2.60 lower. August was $8.07 lower on the week. There were no new deliveries issued against August futures on Friday. Cash trade rounded out the week with $225-228 sales in the North...
- Hogs Fade Lower into the Weekend
- Lean hog futures slipped lower on Friday, with contracts down 7 to 62 cents, as October was down just 47 cents on the week. USDA’s national base hog price was reported at $93.30 on Friday afternoon, down $4.07 from the day prior. The CME Lean Hog Index was down 2...
- Cotton Heads into the Weekend with Strength
- Cotton futures were back to rally mode on Friday, with front month up 116 to 130 points at the close. December was 40 points higher on the week. Crude oil was $1.15 per barrel higher, with the US dollar index $0.320 lower. Commitment of Traders data showed managed money adding...
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