Commentary
- Cotton Extending Losses to Tuesday
- Cotton futures are falling 55 to 65 points across most contracts on Tuesday. Crude oil is up $3.89 on the day. The US dollar index is another $0.798 higher at $99.135. Uncertainty with China, as they have called for a halt to the strikes on Iran continues to be a...
- Wheat Mixed at Midday
- The wheat complex is mixed on Tuesday, with hard red contracts seeing gains. Chicago SRW futures are down 3 to 6 cents across most contracts. KC HRW futures are steady to a penny higher. MPLS spring wheat is firm to 2 cents higher. The next 7 days are wet for...
- Corn Holding Steady on Tuesday
- Corn futures are showing slightly mixed trade on Tuesday, within a penny of unchanged. The CmdtyView national average Cash Corn price is up 1/4 cent to $4.05. USDA reported a private export sale of 196,000 MT of corn to unknown destinations this morning. USDA’s Grain Crushing report from NASS showed...
- Hogs Holding Steady at Midday
- Lean hog futures are showing contracts within 40 cents of unchanged at midday. USDA’s national base hog price was reported at $91.84 on Tuesday morning. The CME Lean Hog Index was 25 cents higher on Feb 27 at $89.69. USDA’s pork carcass cutout value from the Tuesday AM report was...
- Soybeans Mixed on Tuesday
- Soybeans are showing steady trade on Tuesday, with contracts within a penny of unchanged. There were another 27 deliveries issued overnight. The cmdtyView national average Cash Bean price is down 3/4 cent at $10.9 1/2. Soymeal futures are down a dime, with Soy Oil futures 3 to 9 points lower....
- Cattle Bouncing at Tuesday’s Midday
- Live cattle futures are showing 10 to 90 cent gains at Tuesday’s midday. Cash trade was late last week, with Southern action at $244 and Northern sales from $239-243. Nothing has been reported so far this week. Feeder cattle futures are within 15 cents of unchanged at midday, bouncing off...


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