Commentary
- Hogs Close Mixed, with Front Month Gains
- Lean hog futures saw gains of 10 to 82 cents in the front months on Monday, with deferreds steady to 27 cents lower. USDA’s national base hog price was reported at $92.13 on Monday afternoon, up $1.85 from the previous day. The CME Lean Hog Index was down 15 cents...
- Soybeans Close Mixed on Monday with New Crop Strength
- Soybeans slipped lower in the front months into the Monday close, down ¾ to 1 ½ and ½ to 2 ¼ cents higher in the deferreds. The cmdtyView national average Cash Bean price was down 3/4 cent at $11.01 1/4. Soymeal futures were down $2.40 to $6.70 on the day,...
- Wheat Pulls Back to Close Mixed on Monday
- The wheat complex was mixed across the three exchanges on Monday with HRW weakness. Chicago SRW futures were up 3 ¾ to 7 ¼ cents across the board. KC HRW futures were 1 1/2 to 2 1/2 cents lower on Monday. MPLS spring wheat was steady to 4 cents higher....
- Corn Post Strength on Monday
- Corn futures posted Monday gains of 1 ¼ to 3 ¼ cents across the board. The CmdtyView national average Cash Corn price was up 3 1/2 cents at $4.15 1/4. NASS Crop Progress data showed the US corn crop at 11% planted as of Sunday, which was 2% ahead of...
- Cattle Fall Back on Monday
- Live cattle futures posted 32 cent to $1.27 losses across the board on Monday. Cash trade was picked up last week at $248 across the country. Feeder cattle futures slipped lower on Monday, down $2.45 to $4.37 at the close. The CME Feeder Cattle Index was down $1.98 to $375.69...
- Cotton End the Monday Session Higher
- Cotton futures saw gains of 20 to 36 points across most contracts on Monday.. The US dollar index was $0.053 lower at $97.845. Crude oil was back up $3.95 at midday. NASS Crop Progress data showed 11% of the US cotton crop planted as of April 19, which was 1...
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