Commentary
Hogs Close Mixed on Wednesday
Lean hog futures were down 35 to 57 cents in the front months on Wednesday, with other contracts up 40 cents to $1.10. USDA’s national base hog price was reported at $92.27 on Wednesday afternoon, down 38 cents from the day prior. The CME Lean Hog Index was back up...
Wheat Slips Lower into the Close
The wheat complex was lower across the three markets in the midweek session. Chicago SRW futures closed the Wednesday session with contracts down 2 to 5 ¾ cents. KC HRW futures were down 4 to 5 ¾ on the day. MPLS spring wheat posted losses of ¼ to 2 ¼...
Soybeans Fall Lower on Wednesday with Product Pressure
Soybeans rounded out the Wednesday session with contract slipping into the close, down 4 to 11 ¼ cents on the day. The cmdtyView national average Cash Bean price was down 9 1/2 cents at $11.01 1/4. Soymeal futures were down $2.90 to $4.90 on the day, with Soy Oil futures...
Cattle Close with Marginal Weakness on Wednesday
Live cattle futures pulled off the early session lows on Wednesday, still closing with losses of 40 cents to $1.32. Early cash trade this week has come in near $246 across the country on lighter trade. The Wednesday morning Fed Cattle Exchange showed no sales on the 1,226 head offered,...
Cotton Falls Back on Wednesday
Cotton futures were under pressure on Wednesday, with contracts falling back 135 to 225 points across the front months. The US dollar index was 0.209 higher at $98.430. Crude oil was up another $3.20 to $92.87. The Seam showed 905 bales sold on April 21 at an average of 74.69...
Corn Holds on for Midweek Gains
Corn futures closed the Wednesday session with front months fractionally to 1 ¼ cents higher and some deferreds steady to fractionally lower. May options expire on Friday. The CmdtyView national average Cash Corn price was up 3/4 cents at $4.18 1/4. USDA reported another private sale of 2025/26 corn to...


  


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