HARVEST HOURS
- Wheat Losses Extend to Wednesday
- The wheat complex is continuing its weaker trend on Wednesday. Chicago SRW contracts are 7 to 8 ½ cents in the red on Wednesday. KC HRW futures are trading with losses of 4 to 5 cents on the day. MPLS spring wheat is down 5 to 6 cents across the...
- Cotton Getting Slight Midday Gains on Wednesday
- Cotton futures are showing modest 25 to 34 point gains across the front months on Wednesday. Crude oil is up $3.05 per barrel on the session, with the US dollar index $0.072 lower. The Seam reported just 906 bales sold on Thursday, at an average of 67.42 cents/lb. The Cotlook...
- Cattle Fading Back on Wednesday as Traders Correct Ahead of Month End
- Live cattle futures are showing $1.82 to $2.65 losses across the front months at midday. Cash trade has been quiet early this week as feedlots were compiling showlists. The Wednesday morning Fed Cattle Exchange online auction showed no bids on the 2,636 head offered, with most reserve prices (asks) at...
- Corn Holding onto Midweek Gains as Ethanol Output Improves
- Corn futures are fractionally to 3 cents higher across the front months on Wednesday. The CmdtyView national average Cash Corn price is down 3 1/4 cents at $4.14 3/4. The average close for December corn futures in October has been $4.79, as there are just 3 days left for the...
- Hog Losses Continue, as Cash Weakness Persists
- Lean hog futures are mixed, as midday, as December is down $2.32 and chasing cash lower. February is down 35 cents with some deferreds lower. USDA’s national base hog price was reported at $55.82 in the Wednesday AM report, down $6 from the day prior. The CME Lean Hog Index...
- Soybeans Showing Slight Wednesday Strength
- Soybeans are showing mostly higher trade at midday, with fractional to 2 cent gains at midday. The cmdtyView national average Cash Bean price is up 1 1/2 cents at $11.73 1/2. Soymeal futures are up 80 cents to $1.60, with Soy Oil futures 90 to 100 points lower. The average...
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