Commentary
- Corn Rally to Wednesday’s Final Bell
- Corn futures rallied into the Wednesday close, as contracts were up 8 to 10 cents in most front months, with deferreds fractionally to 5 ¼ cents. The CmdtyView national average Cash Corn price was up a dime at $4.45 1/2. The ProFarmer Crop Tour showed Nebraska corn yields averaging 163.61...
- Soybeans Rally on Wednesday
- Soybeans closed out the Wednesday session with contracts up 11 ¼ to 21 ½ cents across most months. The cmdtyView national average Cash Bean price was up 21 cents at $11.98. Soymeal futures were up $4.70 to $6.80, as Soy Oil was back up 17 to 58 points. The ProFarmer...
- Hogs Rebound Higher on Wednesday
- Lean hog futures closed the Wednesday session with contracts 12 to 77 cents higher. USDA’s national base hog price was reported at $92.10 in the Wednesday PM report, down $2.27 from the day prior. The CME Lean Hog Index was down 69 cents on August 17 at $94.78. USDA’s pork...
- Cattle Falling Despite a Resurgence in Beef
- Live cattle futures fell back $1.47 to $2.05 across most contracts on Wednesday, ignoring the stronger beef. Cash trade has picked up a few at $355-360. The Wednesday morning Fed Cattle Exchange online auction showed no sales on the 1,520 head offered, and a single $225 bid. Feeder cattle futures...
- Cotton Rallies Triple Digits on Wednesday
- Cotton futures closed with contracts 243 to 294 points higher across the front months, with deferred contracts 53 to 110 points in the green. Crude oil was up $1.90, with the US dollar index $0.809 lower. Dryness is expected to continue across much of TX as parts of the Delta...
- Wheat Posts Wednesday Strength
- The wheat complex rallied across the three exchanges on the midweek session. Chicago SRW contracts was up 10 to 16 1/4 cents across most contracts. KC HRW futures were 12 ½ to 18 ½ cents higher on the session. MPLS spring wheat was 13 to 17 ¾ cents in the...


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