HARVEST HOURS
- Cotton Fades Lower Back on Tuesday
- Cotton futures closed with modest losses of 1 to 16 points across the board on Tuesday, despite a friendly USDA report. Crude oil was down $0.41 per barrel on the session, with the US dollar index $0.615 higher. Crop Production data showed US cotton yield down 15 lbs/ac to 775,...
- Hogs Close Mixed on Tuesday
- Lean hog futures posted mixed Tuesday action, as contracts were up 35 cents to down $1.02 in other nearbys. USDA’s national base hog price was reported at $39.84 in the Tuesday afternoon report, down $4.88 from the day prior. The CME Lean Hog Index was down $1.29 on November 6...
- Wheat Pops Higher on Spillover Support, as USDA Carryout
- The wheat complex posted gains across the three exchanges on Tuesday, getting help from stronger corn and bean markets. Chicago SRW futures were up 3 ¾ to 4 ¾ cents across the board.KC HRW futures were 1 3/4 to 3 3/4 cents in the green at the close. MPLS spring...
- Cattle Extends Rally to Tuesday
- Live cattle futures were $2.22 to $3.62 higher at the close on Tuesday, extending the rally to from Monday. Cash trade has yet to develop this week with showlists being compiled early. Feeder cattle futures posted gains of $2 to $4.45 across the board. The CME Feeder Cattle Index was...
- Soybeans Rally as USDA Trims US Stocks
- Soybeans were in rally mode after a friendly USDA report for carryout, as contracts closed with gains of 14 to 42 ¼ cents across the board, and led by the front months. The cmdtyView national average Cash Bean price was up 40 1/2 cents at $11.66 3/4. Soymeal futures closed...
- Corn Rallies on Yield Cut
- Corn futures closed the Tuesday session with contracts 3 ¼ to 9 ¾ cents higher across the board, led by the nearbys. The CmdtyView national average Cash Corn price was up 10 1/4 cents at $4.15 3/4. USDA reported a private export sale of 312,700 MT of corn to Mexico...
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