HARVEST HOURS
- Cotton Slip Lower into the Weekend
- Cotton futures closed with contracts 15 to 59 points lower, as December still managed a 20 point gain this week. Crude oil was up $3.97 per barrel on the session, with the US dollar index $0.153 higher. The large managed money speculators and cotton futures and options added just 767...
- Hogs See Modest Strength on Friday, as Pork Hits Lowest Price Since 2020
- Lean hog futures saw Friday strength, with contracts 2 to 45 cents higher on Friday, as December was still down $1.35 this week. USDA’s national base hog price was reported at $67.40 in the Friday afternoon report, up 92 cents from the day prior. The CME Lean Hog Index was...
- Cattle See Modest Buying Ahead of Bull Friendly Cattle on Feed Report
- Live cattle futures saw some steadier trade in the front months, down a dime to 12 cents higher, with other contracts up 15 to 47 cents. December was up $2.77 for the week. Cash trade was relatively slow this week. The Friday Fed Cattle Exchange online auction showed sales one...
- Wheat Bulls Fail to Find Footing on Friday
- The wheat complex faded lower into the weekend across most contracts. Chicago SRW contracts were mostly fractionally to 2 ¾ cents lower. December was up a tick, but still fell 35 ½ cents this week. KC HRW futures posted losses of 1 ¼ to 3 ¾ cents on Friday, with...
- Corn Falls Lower into the Weekend, as NASS Issues Correction to September Report
- Corn futures failed to see buying into the weekend, with contracts down 1 ¼ to 4 ½ cents on Friday. December was down another 18 ¼ cents on the week. The CmdtyView national average Cash Corn price was down 4 ½ cents at $4.17 ¼. USDA reported a private export...
- Soybeans Post Friday Gains
- Soybeans pushed higher into the weekend, with contracts up 1 ½ to 5 ¼ cents across the board. November was down 4 ¾ cents on the week. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $11.99 1/4. Soymeal futures were mixed, down $1.20 to $1.60...
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