Commentary
- Hogs Fall Back on Thursday, with USDA Reporting Tighter Hog Inventory
- Lean hog futures were 30 cents to $1.17 lower across most contracts on Thursday USDA’s national base hog price was $78.95 in the Thursday afternoon report, down 70 cents from the day prior. The CME Lean Hog Index was down another 45 cents on September 22 at $82.47. Export Sales...
- Cotton Firms into Thursday’s Close
- Cotton futures closed the Thursday session with contracts up 2 to 60 points across the nearbys. Crude oil was up $2.60 per barrel on the session, with the US dollar index $0.163 higher. Traders were monitoring the US/China meeting, though nothing was released surrounding trade related news. Secretary Bessent has...
- Wheat Falls Lower on Thursday
- The wheat complex saw some pressure on Thursday. Chicago SRW saw losses of 1 ½ to 5 ¼ cents at the close. KC HRW futures saw losses of 4 to 6 ½ cents at the final bell on Thursday. MPLS spring wheat was down 8 to 9 cents on the...
- Soybeans Slip Lower on Thursday, as US/China News Remains Quiet
- Soybeans were down fractionally to 4 cents across most contracts on Thursday, as news on the US/China front was quiet. The cmdtyView national average Cash Bean price was up 1/4 cents at $12.59. Soymeal futures were 30 cents to $5.80 led by October, with Soy Oil down 8 to 32...
- Cattle Slip Back on Thursday
- Live cattle futures were a nickel to $1.85 lower in the front months on Thursday. Early cash trade has been reported at $348-355 dressed in the North, with $222-223 live sales. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,696 head offered with a single bid...
- Corn Eases Lower as Export Business Disappoints
- Corn futures rounded out the Thursday trade, with fractional to 2 ½ cent losses across the most contracts at the close. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $4.83 3/4. The next 7 days are looking for a wet pattern across the central third...


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