Commentary
- Cotton Face Weakness on Thursday
- Cotton futures posted modest losses of 41 to 90 points across most contracts on Thursday. Crude oil was down $2.06 per barrel, with the US dollar index $0.054 lower. Export Sales showed a total of 778,939 RB carried over from the 2025/26 marketing year in the week of 8/6, with...
- Hogs Fall Lower on Thursday
- Lean hog futures posted losses of 20 cents to $1.70 across most contracts. USDA’s national base hog price was reported at $97.37 on Thursday afternoon, up $1.56 from the day prior. The CME Lean Hog Index was down a nickel on August 11 at $95.89. Weekly Export Sales data showed...
- Wheat Fades Lower on Thursday as Black Sea Tensions Shift
- The wheat complex fell back lower on Thursday, slipping into the close. Chicago SRW contracts were steady to 2 ¼ cents in the red. KC HRW futures saw fractional to 3 cent losses across most contracts at the close. MPLS spring wheat saw weaker front month action, down 3 ¼...
- Cattle Fall on Thursday with Weaker Cash, as Tyson Announces More Closures
- Live cattle futures closed the Thursday session with contracts down $1.52 to $4.35 across the board. There were no deliveries issued against August futures on Wednesday. Cash trade has been picked up with some $228-230 sales in the North. The Thursday Fed Cattle Exchange auction showed no sales on the...
- Soybeans Slip into Thursday’s Final Bell
- Soybeans posted mixed trade on Thursday, with contracts closing anywhere from 3 ½ cents higher to 2 3/4 ents lower across the board. The cmdtyView national average Cash Bean price is up 4 1/2 cents at $11.45 1/4. Soymeal futures were down 90 cents to $2.40 on the day, with...
- Corn Reverts Back Lower on Thursday
- Corn futures fell back from the Wednesday rally on Thursday, with contracts falling 5 to 9 cents at the close. The CmdtyView national average Cash Corn price was down 9 cents at $4.18 1/4. Export Sales data was released this morning, with a total of 410,748 MT sold in the...
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