Commentary
- Soybeans Facing Monday Morning Weakness
- Soybeans are showing losses of 6 to 9 ¾ cents early on Monday morning. Futures closed the Friday session with contracts steady to 1 ½ cents lower, as September was ¼ cent higher. July options expired today, with FND on Tuesday. July was up 3 ½ cents last week, with...
- Cattle Look to Monday Following Friday Weakness
- Live cattle were down 40 cents to $1.42 across most contracts, with June the lone exception, up a nickel. August was down 80 cents last week. Open interest was down 1,120 contracts. Cash trade saw volume pick up late on Friday to $260 live and $408-410 dressed in the north,...
- Hogs Look to Short Week
- Lean hog futures were $1 to $1.37 higher on Friday, with front months down 2 to up 22 cents. July was $2.10 lower last week. Open interest was up 1,905 contracts on Friday. USDA’s national base hog price was reported at $93.44 on Friday afternoon, down $1.85 from the day...
- Corn Falling Lower to Start the Week
- Corn is falling back in early Monday trade, down 7 to 8 cents so far. Futures closed the Friday session mixed, with front months down ½ to 2 cents and deferred contracts for the 2027 crop steady to a penny higher. July options expired today, with first notice day on...
- Wheat Holding Mixed on Monday Morning
- Wheat is trading with mixed action as the hard red contracts are higher so far on Monday AM trade. The wheat complex posted losses across most contracts on Friday. Chicago SRW contracts were down 9 to 12 3/4 cents in the front months, with July 27 ½ cents lower on...
- Cotton Posting Monday AM Gains
- Cotton price action is up 75 to 87 points so far on Monday morning. Futures were down 9 to 174 points on Friday. July was down 577 points last week as December was 329 points lower. Crude oil was back down $1.40/bbl to $70.52. The US dollar index was back...
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