HARVEST HOURS
- Corn Pushing Higher Following Yield Cut
- Corn futures are up 10 to 12 cents in the front months, with December 27 up 6 cents as the spreads find the nearbys stronger. The CmdtyView national average Cash Corn price is up 11 3/4 cents at $4.16 1/4. USDA reported a private export sale of 312,700 MT of...
- Hogs Look to Tuesday Following Mixed Monday Trade
- Lean hog futures are trading with mixed Tuesday action, as contracts are up 7 in Dec and down 20 to 30 cents in other nearbys. USDA’s national base hog price was reported at $40.12 in the Tuesday morning report, down $2.98 from the day prior. The CME Lean Hog Index...
- Soybeans Rallying on US Stocks Cut
- Soybeans are in rally mode after a friendly USDA report, lowering stocks, as contracts are up 30 to 40 cents at midday. The cmdtyView national average Cash Bean price is up 37 cents at $11.62 ½. Soymeal futures are trading with $4 to $5 gains, as Soy Oil futures are...
- Cattle Extending Rally to Tuesday
- Live cattle futures are showing $2.12 to $3.05 gains so far at Tuesday’s midday. Feeder cattle futures are trading with contracts up $1.35 to $2.70 at midday. The CME Feeder Cattle Index was back down $4.56 on November 6 to $332.85. The Monday OKC feeder cattle auction had 4,777 head...
- Cotton Slipping Back on Tuesday
- Cotton futures are trading with modest Tuesday midday losses of 11 to 18 points, despite a friendly USDA report. Crude oil is down $0.53 per barrel on the session, with the US dollar index $0.730 lower. Crop Production data showed US cotton yield down 15 lbs/ac to 775, as production...
- Wheat Getting Spillover Support, as USDA Raises Stocks
- The wheat complex is showing gains across the three exchanges on Tuesday, getting help from a stronger corn and bean market. Chicago SRW futures are showing gains of 6 to 7 cents on Tuesday. KC HRW futures are 4 to 5 cents in the green at midday. MPLS spring wheat...
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