Commentary
- Cotton Holding Gains at Midday
- Cotton futures are 10 to 20 points higher so far on the Thursday session. Crude oil is rallying $7.77 at midday to 95.01, with the US dollar index up $0.400 to 99.625. Export Sales data showed 253,177 RB of cotton sold in the week ending on March 5, back from...
- Corn Holding Higher on Thursday
- Corn futures are trading with 3 to 4 cent gains at midday, as March is up 5 ¾ ahead of Friday’s expiration. The CmdtyView national averageCash Corn price is up 3 1/4 cents to $4.20 ¾. Crude oil is up another $7.90 on Thursday. Export Sales data from this morning...
- Soybeans Extending Rally on Thursday
- Soybeans are posting double digit gains in the front months on Thursday, up 14 to 17 cents. The cmdtyView national average Cash Bean price is up 14 3/4 cents at $11.54. Soymeal futures are up $3.70 to $5.30, with Soy Oil futures are up 30 to 40 points at midday....
- Cattle Showing Gains at Midday
- Live cattle futures are trading with $1.80 to $1.90 gains at midday. Cash trade has been mostly $372 dressed as well as a few live sales of $235-236. The Thursday morning Fed Cattle Exchange online auction showed sales of $235.50 on 447 of the 1,656 head offered, with other bids...
- Wheat Trading with Thursday Gains
- The wheat complex is pushing higher on Thursday. Chicago SRW futures are up 3 to 7 cents on the day. KC HRW futures are trading with 4 to 6 ¼ cent gains at midday. MPLS spring wheat are up 3 to 4 cents in the front months on Thursday. The...
- Hogs Extending Weakness on Thursday
- Lean hog futures are down another 77 cents to $1.50 at midday. USDA’s national base hog price was reported at $92.16 on Thursday morning, down 89 cents from the day prior. The CME Lean Hog Index was another 23 cents higher on March 10 at $91.20. The weekly USDA Export...


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