Commentary
Cattle Look to Thursday Trade After Early Week Rally
Live cattle future rallied on Wednesday, with contracts up $1.07 to $2.95 across the board. This morning’s Central Stockyards Fed Cattle Exchange online auction saw 519 head sold of the 2,652 head offered, at $186 live in TX and $188.50 using the BidTheGrid™ method. Feeder cattle futures were $3.07 to...
Cotton Falling on Thursday AM
Cotton prices are slipping lower ahead of the weekly Export Sales release, down 66 to 74 points. Futures ended the Wednesday session with contracts up 6 to 39 points across the board. The dollar index added some pressure, up 459 points. Crude oil futures were up $1.09/barrel. The Seam reported...
Corn Pulling Back Ahead of Export Sales Release
Corn prices are down 2 to 2 ½ cents so far on Thursday morning. Futures closed out the midweek session with contracts up ½ to 3 ½ cents across the board. Spillover support from wheat helped bulls to push things higher. The national average Cash Corn price from cmdtyView was...
Hogs Stronger on Wednesday
Lean hogs posted a 2 cent to $2.15 gain across the front months out through June 2025, with the remaining contracts down 10 to 27 cents. The national average base hog price was reported at $73.91 on Wednesday afternoon, down $1.88 from the previous day. The CME Lean Hog Index...
Soybean Selling Kicking Off Thursday Trade
Soybeans are trading with 11 to 12 cent losses across the nearbys to start Thursday. They ended the Wednesday session with mixed trade, as front months were steady to 1 ¼ cents lower and deferreds up ½ to 1 ½ cents. CmdtyView’s national front month Cash Bean price was down...
Wheat Pulling Back on Thursday AM
Wheat is slipping lower so far to begin Thursday trade. Futures continued their strength on Wednesday, rallying throughout the session. Chicago SRW futures were up 15 ½ to 17 ¾ cents across the board. KC HRW contracts posted a 18 ½ to 21 cent rally across the front months on...


  


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