Commentary
- Cotton Rallies on Thursday
- Cotton futures were 81 to 139 points in the green at Thursday’s close. Crude oil was back down just 50 cents per barrel, with the US dollar index falling 0.914. Export Sales data showed 29,719 RB of cotton sold for 2025/26 in the week of July 23. That was a...
- Corn Fall Weaker into Thursday’s Close
- Corn futures closed with weakness on Thursday, as front months were down 2 to 3 ¼ cents, with deferreds fractionally to 1 ¼ cents higher. The CmdtyView national average Cash Corn price was down 2 3/4 cents at $4.16 1/4. The next 7 days are looking for 1 to 2...
- Soybeans Fades Lower on Thursday
- Soybeans posted weaker trade late on Thursday, with contracts down fractionally to 4 cents across most contracts. The cmdtyView national average Cash Bean price was up 2 ¾ cents at $11.49. Soymeal futures were 40 cents to $1.20 lower across most contracts, with Soy Oil futures down 17 to 82...
- Hogs Push Losses to Thursday
- Lean hog futures were down $2.05 to $3 across the board on Thursday. USDA’s national base hog price was reported at $101.05 on Thursday afternoon, down 74 cents from the day prior. The CME Lean Hog Index was another 10 cents higher on July 28 at $98.45. Weekly Export Sales...
- Wheat Fades Off Thursday Strength into the Close
- The wheat complex posted gains across the three exchanges on Thursday, following increased Black Sea tensions. Chicago SRW contracts were 2 ¾ to 7 ½ cents higher at the close. KC HRW futures were 5 1/4 to 8 1/2 cents in the green on the day. MPLS spring wheat was...
- Cattle Extend Their Bounce to Thursday’s Close
- Live cattle futures posted $1.42 to $3.47 gains across the board at Thursday’s close. USDA picked up cash trade at $232-233 on Thursday. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,054 head offered and a few bids of $228. Feeder cattle futures extended the bounce...
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