HARVEST HOURS
Commentary
- Soybeans Correct Lower Ahead of Friday USDA Reports, with Export Business Dragging
- Soybeans posted Thursday losses of 6 ¼ to 10 ¼ cents across the board at the close. The cmdtyView national average Cash Bean price was down 10 cents at $12.30. Soymeal futures fell back $4.50 to $8.20 lower at the close, with Soy Oil futures 12 to 20 points higher....
- Wheat Sees Weakness Ahead of USDA Report
- The wheat complex posted losses across the three exchanges on Thursday, fading off early gains. Chicago SRW contracts were down 3 1/4 to 5 1/4 cents across board. KC HRW futures saw Thursday losses of 2 1/4 to 5 1/4 cents at the close. MPLS spring wheat was down 3...
- Corn Sees Correction Heading into Report Day
- Corn futures saw a pullback on Thursday, with contracts down ¼ to 2 cents across the board at the close. The CmdtyView national average Cash Corn price was down 1 1/2 cents at $4.62 3/4. USDA’s Export Sales report showed 769,468 MT of corn sales in the week ending on...
- Cattle Fade Lower on Thursday
- Live cattle futures were down 22 cents to $1.20 across most contracts on Thursday, with October up 27 cents. Cash trade has yet to get kicked off this week, with $340-345 bids reported in the north. The Thursday morning Fed Cattle Exchange online auction showed no sales or bids on...
- Cotton Closes Mixed on Thursday
- Cotton futures were mixed across the board on Thursday, with front months down 7 to 9 points and deferreds up 6 to 12 points. Crude oil was up $2.90 per barrel on the session, with the US dollar index $0.078 lower. Harvest may be slowed in parts of he Southeast...
- Hogs Continue Weakness, as Pork Grind Continues
- Lean hog futures posted losses of 5 cents to $1.10 at the Thursday close. USDA’s national base hog price was at $72.51 in the Thursday PM report, back up 7 cents from the day prior. The CME Lean Hog Index was down another 31 cents on October 6 at $78.91....
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