HARVEST HOURS
- Hogs Extend Losses on Tuesday, as Cash and Cutout Remain Weak
- Lean hog futures posted losses of $1.92 to $2.65 on the Tuesday session. USDA’s national base hog price was reported at $57.94 in the Tuesday afternoon report, down $1.52 from the day prior. The CME Lean Hog Index was down another $1.10 on October 23 at $70.06. USDA’s pork carcass...
- Soybeans Fade into Tuesday’s Close
- Soybeans worked lower into the close with contracts down 8 ½ to 12 cents across the board on Tuesday. The cmdtyView national average Cash Bean price was down 11 3/4 cents at $11.72. Soymeal futures were down $1.10 to $5.60, with Soy Oil futures 16 to 30 points lower. The...
- Corn Extends Losses into Tuesday’s Close
- Corn futures closed the Tuesday session with contracts down 3 to 6 ¼ cents across much of the board. The CmdtyView national average Cash Corn price was down 6 cents at $4.11 1/2. The average close for December corn futures in October has been $4.79, as there are just 4...
- Wheat Pushes Losses to Tuesday
- The wheat complex is falling lower across the three markets on Tuesday. Chicago SRW contracts were 1 to 7 cents in the red at the close. KC HRW futures were fractionally in some deferred to 8 ¾ cents lower on the day. MPLS spring wheat posted weakness of 4 ¾...
- Cattle Sees Mixed Action on Tuesday
- Live cattle futures closed Tuesday with contracts down 35 to 77 cents, as nearby October was a tick higher. Cash trade has been quiet early this week as feedlots were compiling showlists. Last week awas $228 in the North, with a few southern sales at $230. Feeder cattle futures saw...
- Cotton Closes Tuesday with Weakness
- Cotton futures closed the Tuesday session with contracts down 79 to 112 points across the board. Crude oil is down $1.56 per barrel on the session, with the US dollar index $0.410 higher. Crop Progress data tallied 89% of the US cotton crop with bolls opening as of 10/25, behind...
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