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Soybeans Fading Export Business and Shipments
Soybeans are trading with contracts 8 to 10 cents lower across most contracts at midday. The cmdtyView national average Cash Bean price is down 10 cents at $11.92 3/4. Soymeal futures are down $3.60 to $4.60, as Soy Oil futures are down 60 to 64 points. USDA confirmed another round...
Cotton Gains Extending to Midday
Cotton futures are trading with gains of 11 to 20 points across the front months on Monday. Crude oil is up $1.66 per barrel on the session, with the US dollar index $0.137 higher. Weekly CTC data showed managed money adding 1,862 contracts to their net long position in cotton...
Hogs Slipping Back on Monday’s Midday
Lean hog futures are trading with contracts 17 to 32 cents lower on Monday. USDA’s national base hog price was reported at $71.99 on Monday morning, up $1.64 from the day prior. The CME Lean Hog Index was down another $1.64 on October 15 at $74.19. Managed money was adding...
Wheat Falling at Monday’s Midday
The wheat complex is showing weakness persisting on Monday, with losses across the three exchanges. Chicago SRW contracts are 4 to 5 cents in the red at midday. KC HRW futures are down 4 to 5 cents on Monday. MPLS spring wheat are 5 to 6 cents lower at the...
Corn Losses Extending to Monday
Corn futures are showing 4 to 7 cent losses so far on Monday, as the post-USDA repot weakness continues. The CmdtyView national average Cash Corn price is 7 lower cents at $4.28 1/2. USDA’s Export Inspections report tallied corn export shipments at just 672,475 MT (26.47 mbu) during the week...
Cattle Mostly Higher to Start the Week
Live cattle futures are mixed at midday, with contracts a dime lower to 35 cents higher. USDA reported northern dressed sales at $350-355 and $222-227 live. Southern sales were reported at $228.. Feeder cattle futures are trading with gains of $1.20 to $1.80 across most contracts on Monday. The CME...

  




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