Commentary
- Cattle Rally Out of the Long Weekend
- Live cattle futures posted gains of 40 to 90 cents on Monday, with front month April up $1.825. There were no deliveries issued for April on First Notice Day, with the oldest long dated May 15, 2025. Cash trade took off last week, with sales at $245-246 across the country,...
- Corn Bulls Hop Higher Out of the Long Weekend
- Corn futures got a pop coming out of the Easter holiday weekend, with contracts closing 1 ¾ to 2 ½ cents in the green. The CmdtyView national average Cash Corn price was up 1 3/4 cents at $4.14 1/4. The inaugural Crop Progress report for 2026 showed the US corn...
- Wheat Starts the Week with Losses
- The wheat complex was mostly lower on Monday across the three markets. Chicago SRW futures were mixed, with front months down 1 to 3 cents and back months higher. KC HRW futures saw nearby losses of 2 ¾ to 7 ½ cents at the close. MPLS spring wheat was 1...
- Soybeans Rise Out of Easter Weekend
- Soybeans posted gains on Monday, with contracts 3 to 5 1/2 cents higher at the post-Easter close. The cmdtyView national average Cash Bean price was up 3 1/4 cents at $10.97 1/2. Soymeal futures were down $1 to $1.70 higher in the front months, with Soy Oil futures up 40...
- Hogs Post Rally on Monday
- Lean hog futures saw gains of as little as 12 cents to $3.22 across the board on Monday. USDA’s national base hog price was not reported on Monday afternoon due to light trade. The CME Lean Hog Index was down another 16 cents on April 2 at $90.01. USDA’s pork...
- Cotton Rallying on Monday
- Cotton futures posted 22 to 79 points across most contracts on Monday, with the front months leading the charge. The US dollar index was $0.025 lower at $99.830. Crude Oil was up $1.06 at $112.60. Crop Progress data was released this morning, showing 5% of the US cotton crop planted...
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