Commentary
- Corn Nears Last Weeks High on Thursday’s Rally
- Corn futures closed out the Thursday session with contracts 3 ¾ to 6 ½ cents higher across the board. Futures were closing in on the highs set on last week’s initial spike. The CmdtyView national average Cash Corn price was up 6 3/4 cents to $4.27 ¾. Export sales data...
- Cattle Falls Lower on Thursday
- Live cattle futures were sliding on Thursday with losses of $2.125 to $2.75. Cash trade has been quiet so far this week. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,026 head offered, with bids of $232-235. Feeder cattle futures were under pressure, with contracts...
- Soybeans Pops Higher on Thursday as Meal Rallies
- Soybeans settled in on Thursday with contracts steady to 6 ¾ cents higher at the close, led bt the 2026 contracts. The cmdtyView national average Cash Bean price was up 6 ¾ ents at $10.93 1/2. Soymeal futures were $7.20 to $10.80 higher on the day in the front months,...
- Wheat Pushes Higher into Thursday’s Close
- The wheat complex saw some late strength on Thursday to close higher across the three markets. Chicago SRW futures 3 1/2 to 5 3/4 cents higher on Thursday. KC HRW futures ended the day with contracts mostly a penny to 2 ¼ cents higher. MPLS spring wheat was 4 ½...
- Hogs Fall Lower on Thursday
- Lean hog futures were falling on Thursday, as contracts lost $1.70 to 2.77 in the nearbys. USDA’s national base hog price was reported at $92.80 on Thursday afternoon, down 49 cents from the day prior. The CME Lean Hog Index was another 7 cents higher on March 17 at $91.93....
- Cotton Falls Back on Thursday
- Cotton futures found some weakness on Thursday, with contracts down 21 to 103 points across the board. Crude oil was down $1 on the day to $95.32, with the US dollar index down $0.870 to $99.22. The Export Sales report from Thursday morning showed a total of 196,691 RB of...
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