Commentary
- Soybeans Rebound on Monday
- Soybeans posted Monday gains of 5 to 9 ¾ cents at the close. The cmdtyView national average Cash Bean price was up 7 3/4 cents at $12.44 1/4. Soymeal futures were up 40 cents to $3.40, with Soy Oil 35 to 56 points higher across the board. There was just...
- Cattle Rally to Start the Week
- Live cattle futures rallied on Monday, with contracts $2.07 to $2.92 higher at the close. Cash from last week showed sales $1-6 higher than the previous week at $222-225. Feeders were the leaders, with contracts up $2.72 to $5.75 on the day. The CME Feeder Cattle Index shot up $10.49...
- Cotton Faces Monday Weakness
- Cotton futures posted losses on Monday, with contracts 23 to 174 lower at the close. Crude oil was up $1.84 per barrel on the session, with the US dollar index up $0.609. Weekly Crop Progress data showed 57% of the US cotton crop with bolls opening as of Sunday, with...
- Corn Firms Higher to Start new Week of Trade
- Corn futures posted gains of 1 ¼ to 3 ½ cents across the board on Monday. September futures expired up 1 ¾ cents at $5.12. The CmdtyView national average Cash Corn price was up 3 1/4 cents at $4.87. The weekly Crop Progress report tallied 86% of the US corn...
- Hogs Start the Week with Losses
- Lean hog futures closed the day with contracts 97 cents to $1.92 lower on the session. USDA’s national base hog price was reported at $82.82 on Monday afternoon, down $2.56. The CME Lean Hog Index was down another 28 cents on September 10 at $87.94. USDA’s pork carcass cutout value...
- Wheat Posts Mixed Trade on Monday
- The wheat complex posted mixed trade on the Monday session. Chicago SRW contracts were down 3 ¼ cents to 4 ¼ cents higher at the close. KC HRW futures were mixed, with contracts 6 cent lower to up 3 ½ cents. MPLS spring wheat was down a penny to 12...
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