Commentary
- Corn Holding onto Thursday Gains as December Tests $5
- Corn futures are posting 3 ½ to 5 cent gains across most contracts on Thursday, fading from some early session highs. The CmdtyView national average Cash Corn price is up 4 ¾ cents at $4.49 1/4. The ProFarmer Crop Tour showed Illinois corn yields averaging 184.19 bushels per acre down...
- Cattle Bulls Pushing Back on Thursday
- Live cattle futures are showing 97 cent to $2 gains across the front months at midday. Cash trade has picked up a few at $355-360. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,520 head offered, with bids of $223 to 225. Feeder cattle futures...
- Soybeans Holding onto Thursday Gains
- Soybeans are trading with fractional to 4 cent gains across most contracts Thursday. The cmdtyView national average Cash Bean price is up 1 1/4 cents at $11.99 1/4. Soymeal futures are back down 30 cents to $1.10, as Soy Oil is trading with 110 to 120 point gains. USDA reported...
- Cotton Holding Steady at Midday
- Cotton futures are trading with contracts up anywhere from 35 points higher to 5 points lower. Crude oil is up $2.00, with the US dollar index $0.104 higher. Export Sales showed a total of 209,360 RB in 2026/27 sales in the week of 8/13, with 64,856 RB in new sales....
- Wheat Slipping back to Mixed Action on Thursday
- The wheat complex is showing mixed action across the three exchanges on Thursday. Chicago SRW contracts are steady to a penny higher at midday. KC HRW futures are slipping back 2 to 3 cents on the session. MPLS spring wheat is up 5 to 6 cents so far on the...
- Hogs Back to Weaker Trade on Thursday
- Lean hog futures are showing losses of 15 cents to $1.12 on the Thursday session. USDA’s national base hog price was reported at $92.75 in the Thursday AM report, up 51 cents from the day prior. The CME Lean Hog Index was down another 82 cents on August 18 at...
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