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Hogs Falling On Tuesday
Lean hog futures are trading with most contracts down 50 cents to $1 in the front months. October, which expires on Wednesday, is steady. USDA’s national base hog price was reported at $71.36 on Tuesday morning. The CME Lean Hog Index was down another $1.10 on October 9 at $76.51....
Cotton Trade Holding Steady at Midday
Cotton futures are trading with contracts down 7 points to 2 points higher at midday. Crude oil is up 64 per barrel on the session, with the US dollar index $0.320 lower. The Seam reported 836 bales sold on Monday, at an average of 77.22 cents/lb. The Cotlook A index...
Corn Holding Steady on Tuesday
Corn futures are trading with contracts steady to fractionally mixed at midday. The CmdtyView national average Cash Corn price is unch at $4.43 1/2. USDA’s weekly Export Inspections report tallied corn export shipments at 1.302 MMT (51.26 mbu) during the week ending on October 8. That was down 7.2% from...
Cattle Slipping Back on Tuesday
Live cattle futures are slipping back, down 25 cents to $1.17 at midday. Cash trade was quiet on Monday, as trade was $222-223 live and $345 dressed action in the North last week, with some southern action near $226. Feeder cattle futures are down 25 cents to $1.20 in the...
Wheat Slipping Lower on Tuesday, as Exports Remain Slow
The wheat complex is facing modest weakness a Tuesday’s midday. Chicago SRW contracts are down a penny in the front months. KC HRW futures are posting fractional losses in the front months. MPLS spring wheat is down 1 to 2 cents at midday. Tuesday morning’s Export Inspections report showed wheat...
Soybeans Showing Slight Weakness on Tuesday
Soybeans are trading with contracts 3 to 5 cents lower so far on Tuesday. The cmdtyView national average Cash Bean price is down 3 3/4 cents at $12.23 1/2. Soymeal futures are $1.60 to $4.40 lower, with Soy Oil futures down 40 to 65 points. There was 51 deliveries against...

  




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