Corn Falls Back on Friday
Corn futures closed out the Friday session with contracts down 2 to 4 ¼ cents, as September was a dime lower on the week and December down 8 ¼ cents. The CmdtyView national average Cash Corn price was down 3 1/2 cents at $3.73 1/2. A couple more private export...
Soybeans Fade Back to Close Steady
Soybean futures fell weaker into the Friday close, as the three nearby contracts were unchanged at the final bell. August fell 37 cents this week, with November 31 ¾ cents lower. The cmdtyView national average Cash Bean price was down 3 ½ cents at $9.31 ½. Soymeal futures saw Friday...
Cattle Post Recovery on Friday
Live cattle futures posted gains across most contracts, with 50 cent to $2.35 gains in the nearbys, with August carrying the load. First Notice day is on Monday. August was up $3.65 this week. Cash trade has picked up this week to $235-236 in the South, up $3 to $5...
Cotton Heads Lower into the Weekend
Cotton futures closed the Friday session with contracts down 89 to 119 points across the nearbys. December was down 187 points on the week. The US dollar index was back down $1.318 to $98.425, as crude oil futures were $2.09/barrel lower. CFTC data showed spec funds in cotton futures and...
Wheat Fades Lower into Friday’s Close
The wheat complex faded lower into the weekend, with all three markets in the red. CBT futures were 5 to 7 cents in the red at the close, with September falling back 21 ½ cents. Kansas City HRW contracts were 6 to 7 ½ cents lower on Friday, as September...
Hogs Post Friday Bounce
Lean hog futures were up 22 to 62 cents across the nearby contracts on Friday, as August was still down $1.35 this week. USDA’s national base hog price was back down $2.76 from the previous day, at $108.91 on Friday afternoon. The CME Lean Hog Index was down 14 cents...
Hogs Holding Higher at Midday as Pork Posts Morning Rebound
Lean hog futures are trading with contracts up 32 to 65 cents across most contracts. USDA’s national base hog price was back down $2.72 from the previous day, at $109.10 on Thursday afternoon. The CME Lean Hog Index was down 14 cents at $110.37 on July 30. USDA’s FOB plant...
Corn Pushing Lower into the Weekend
Corn futures are reverting to lower trade across most contracts on Friday’s midday. The CmdtyView national average Cash Corn price is down 3 1/2 cents at $3.73 1/2. The next 7 days looks a little drier across IA, MO, and the ECB, with the Plains seeing light totals to just...
Cattle Correcting Higher on Friday Following Thursday’s Month End Selling
Live cattle futures are trading with contracts 62 to 70 cents higher in the nearbys, as August is up $2.57 trying to catch the cash market. Cash trade has picked up this week to $235-236 in the South, up $3 to $5 from last week. Northern trade was up $3...
Soybeans Trying to Bounce into Friday’s Close
Soybean futures are showing fractional to 2 cent gains across most contracts on Friday’s midday. There were another 408 deliveries issued against August soybean futures overnight. The cmdtyView national average Cash Bean price is down 2 cents at $9.32 ¾. Soymeal futures are posting Friday gains of $1.50 to $3.60/ton,...
Cotton Losses Pushing Further into Friday’s Midday
Cotton futures are showing weakness pushing lower into the weekend, with contracts down 67 to 78 points as the outside factors are mixed. The US dollar index is back down $0.938 to $99.805, as crude oil futures are $1.85/barrel lower. Export Sales data has cotton sales commitments at 11.807 million...
Wheat Bears Pushing Back on Friday
The wheat complex is back to lower action on Friday, giving back some of the Thursday pop higher. CBT futures are 5 to 6 cents in the red so far. Kansas City HRW contracts are 5 to 7 cents lower so far on Friday. MPLS spring wheat is showing 5...
Cotton Continues Weakness on Friday Morning
Cotton price action is down 38 to 40 points early on Friday. Futures closed out the Thursday session with contracts down 24 to 29 points, as outside markets continued to add pressure. The US dollar index was up $0.249 to $99.835, as crude oil futures were 78 cents/barrel lower. Thursday...
Soybeans Mostly Weaker to Start Friday
Soybean futures are trading with contracts mostly 2 to 3 cents lower, as August is up ½ cent. Futures posted Thursday losses of 6 to 7 cents at the close of the month. There were another 408 deliveries issued against August soybean futures overnight. The cmdtyView national average Cash Bean...
Hog Traders Look to Close Out the Week
Lean hog futures closed out July with gains of a dime to 60 cents on Thursday. USDA’s national base hog price was back down $1.67 from the previous day, at $111.67 on Thursday afternoon. The CME Lean Hog Index was up a dime at $110.51 on July 29. Export Sales...
