Commentary
- Hogs Slip Lower on Monday, as Traders Look to Tuesday
- Lean hog futures are trading with losses of 75 cents to $1.12 at the close, with July 35 cents higher. Open interest suggested modest new selling interest, up 3,225 contracts. USDA’s national base hog price was reported at $93.86 on Monday afternoon, up 63 cents from the day prior. The...
- Cattle Look to Tuesday Following Monday Gains
- Live cattle futures saw gains of 75 cents to $2.05 across the board on Monday. Cash trade felt softer last week to $255-258 across the country. Feeder cattle futures were $3.12 to $3.625 higher on the Monday session. The CME Feeder Cattle Index was back down $6.26 on May 29...
- Corn Starting Tuesday with Modest Weakness, Despite Lower Crop Ratings
- Corn price action is fractionally to 2 cents lower so far on Tuesday morning. Futures posted losses of 2 to 3 cents in the front months, with a few deferred contracts fractionally to 1 ½ cents higher. Open interest was up 11,996 contracts on the day, implying new selling interest....
- Wheat Slipping Lower on Tuesday AM Trade
- Wheat is trading with continued weakness on Tuesday morning, down 3 to 8 cents. The wheat complex saw losses across all three markets on Monday. Chicago SRW futures were fractionally to 2 ¾ cents lower on the day. Open interest was up 3,242 contracts. KC HRW futures were 2 to...
- Soybeans Fading Weaker Condition Ratings on Tuesday Morning
- Soybeans are down 1 to 2 cents in the front months on Tuesday AM trade. Futures closed the Monday session with contracts down 1 to 6 cents. Open interest was up 5,207 contracts on Monday. The cmdtyView national average Cash Bean price was down 3 3/4 cents at $11.21 1/4....
- Cotton Extending Rebound on Tuesday Morning
- Cotton prices are up 60 to 93 points so far on Tuesday morning. Futures were up 36 to 62 points in most contracts on Monday. The US dollar index was $0.288 lower at $98.140. Crude Oil as up $5.26 at the close. The weekly NASS Crop Progress report showed 66%...


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