Commentary
- Corn Slipping Lower at Midday
- Corn futures are trading with midday losses of 1 to 2 cents on Friday. Spillover pressure from sharp losses in wheat are weighing on the market. The CmdtyView national average Cash Corn price is down 1 3/4 cents at $4.32. As we look to round out July, the NOAA 7-day...
- Soybeans Powering Higher on the Friday Session
- Soybeans are trading with contracts 10 to 11 cents higher at Friday’s midday. The cmdtyView national average Cash Bean price is up 10 1/4 cents at $12.14 1/4. Soymeal futures are $2.20 to $2.50, with Soy Oil futures down 92 to 115 points at midday. The NOAA 7-day QPF shows...
- Cotton Fading Lower on Friday
- Cotton futures are trading with 74 to 95 point losses across most contracts on Friday, facing some outside pressure. Crude oil is back down $3.96 per barrel, with the US dollar index slipping 0.041. Export Sales data has accumulated 2025/26 cotton sales at 12.003 million RB, which is 102% of...
- Cattle Fading Back on Friday
- Live cattle futures are up 50 cents to a tick lower in the front months. Cash trade has picked up mostly to $230 across the country. The Friday Fed Cattle Exchange online auction showed no sales on the 1,530 head, with bids at $230-231. Feeder cattle futures are slipping back...
- Wheat Pulling Off Early Lows, but Still Under Pressure on Friday
- The wheat complex is facing pressure from money coming off the table into the weekend following Black Sea news. Chicago SRW contracts are down 18 to 20 cents at midday. KC HRW futures are down 17 to 18 cents on the day. MPLS spring wheat are falling back 17 to...
- Hogs Back to Mixed Trade on Friday
- Lean hog futures are mixed at midday, with contracts 50 cents higher to a dine lower. USDA’s national base hog price was down $4.70 in the Friday AM report to $97.06. The CME Lean Hog Index was another 40 cents higher on July 22 at $97.48. USDA’s pork carcass cutout...
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