Corn futures closed out the Monday session, giving back much of the Friday gains, as contracts were down 6 to 7 cents across the front months. The CmdtyView national average Cash Corn price was down 6 ½ cents at $3.79. Crop Progress data showed 85% of the US corn crop...
Lean hog futures closed the Monday session with 7 to 40 cent gains across most contracts. USDA’s national base hog report from Monday afternoon was $1.693 higher to $105.87. The CME Lean Hog Index was up 10 cents on September 11 at $106.14. USDA’s FOB plant pork cutout report from...
Cotton futures were weaker for much of the Monday session, with contract closing steady to 23 points higher. The US dollar index was down $0.210 on the day to $97.345, with crude oil futures $0.59 higher. NASS reported the US cotton crop 50% with bolls opening as of Sunday, with...
Live cattle futures posted gains of $4.35 to $4.625 on Monday, to take back much of last week’s losses. Cash activity narrowed in at $240 last week across the country down $2 from the week prior. Much of this week’s early action has been compiling showlists. Feeder cattle futures were...
Soybeans closed out the Monday session with contracts down 3 to 4 cents across the front months. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $9.66. Soymeal futures were down $2.30 to $2.70, with Soy Oil futures posting 12 point front month gains. Weekly NASS...
The wheat market ended the Monday session on a mixed note. CBT soft red wheat futures were the strongest of the three markets, up 1 to 2 cents. KC HRW futures were fractionally lower to close out the session. MPLS spring wheat posted steady to 1 ¼ cent higher trade...
Corn futures are trading with losses of 5 to 6 ½ cents at midday on Monday. There were 36 deliveries against the expiring September contract on Friday, with the month’s total at 238. The CmdtyView national average Cash Corn price is down 6 cents at $3.80 1/2. USDA reported a...
Cotton futures are showing slight losses across most contracts on Monday, with contracts down 4 to 17 points. The US dollar index is down $0.171 on the day to $97.365, with crude oil futures $0.61 higher. Weekly CFTC data indicated spec traders adding 2,536 contracts to their net short position...
The wheat market is showing some slight gains at the midday part of the Monday session. CBT soft red wheat futures are 1to 2 cents higher at midday. KC HRW futures are 1 to 2 cents in the green so far on Monday. There were 22 deliveries against September, which...
Lean hog futures are trading with 50 to 80 cent gains across most contracts on Monday. USDA’s national base hog report from Monday morning showed no price reported, due to light volume. The CME Lean Hog Index was up 10 cents on September 11 at $106.14. The large managed money...
Soybeans are trading with contracts down just 1 to 2 cents early on Monday. There were 20 deliveries against the expiring September contract on Friday, with the monthly total at 1,034 contracts. The cmdtyView national average Cash Bean price is down 1 3/4 cents at $9.68 1/2. Soymeal futures are...
Live cattle futures are trading with $4.15 to 4.40 gains across most contracts at midday, to kick off the week with strength. Cash activity narrowed in at $240 across the country down $2 from last week. Feeder cattle futures are up $7.15 to $8.40 on Monday, as contracts near the...
Corn price action is down 3 to 4 cents so far. Futures closed with strength on Friday, as contracts were up 10 to 11 cents in the front months. Preliminary open interest rose 22,325 contracts suggesting new buying interest. December managed to close with a 12 cent gain last week....
Wheat is showing slight gains so far on Monday morning, with spring wheat a little weaker. The wheat complex saw Friday gains, as USDA gave a friendlier US number. CBT soft red wheat futures were 2 to 3 cents in the higher at the close, with December up 4 ¼...
Lean hog futures slipped back lower on Friday, with contracts down 20 cents to $1.05, as October was still up $1.10 last week. Preliminary open interest was up 4,856 contracts on Friday. USDA’s national base hog report from Friday afternoon saw trade averaging $103.94, down $3.35 from the day prior....