Hogs Close with Strength on Monday
Lean hog futures rounded out the Monday session with most contracts 15 to 77 cents higher October was an exception, down a nickel. The national average base hog price was reported at $76.68 on Monday afternoon, up $1.79 from the previous day. The CME Lean Hog Index was reported at...
Cattle Close Mostly Higher on Monday
Live cattle futures posted gains anywhere from a tick to $1.475 on Monday. Cash trade last week was mostly $186 in the South, up $1 on the week. Northern action was $187 live and $296 in the beef up $2 from the previous week. Today was first notice day for...
Wheat Posts Positive Start to the Week
The wheat complex closed higher across the exchanges on Monday. Chicago SRW futures were up 3 ½ 5 ¼ cents across board to close out the day. KC HRW contracts were 4 ¾ to 5 ½ cents higher on the session. MPLS spring wheat settled the Monday session with 4...
Soybean Start Week with Pressure as Harvest Rolls
Soybeans settled Monday with weakness in the nearbys, down ¾ to 3 ¾ cents, as the deferreds were steady to 1 ¾ cents higher. CmdtyView’s national front month Cash Bean price was down 3 3/4 cents at $9.71. Soymeal was down $2.80 to $6.50/ton across the board. Soy Oil futures...
Corn Closes With Slight Gains on Monday
Corn futures closed out the Monday session with contracts up 1 to 1 ¾ cents on the day, with help from still solid shipment data and more export business. The national average Cash Corn price from cmdtyView was up 1 1/4 cents at $3.94 1/2 per bu. This afternoon’s Crop...
Cotton Posts Gains on Monday
Cotton futures ended the Monday session with most contracts up 26 to 38 points. The outside markets were supportive, with the crude oil closing up $2.91/barrel, and the US dollar index slipping 15 points lower. The weekly Crop Progress report indicated that 82% of the US cotton crop had bolls...
Corn Back to Slightly Higher at Midday
Corn futures are trading with 1 to 2 cent gains so far on Monday, with help from still solid shipment data and export business. The national average Cash Corn price from cmdtyView is up 1 1/2 cents at $3.94 3/4 per bu. USDA reported a private export sale of 155,000...
Soybean Weakness Persisting at Midday
Soybeans are holding lower so far at midday, with contracts down 3 to 4 cents. CmdtyView’s national front month Cash Bean price is down 3 3/4 cents at $9.71. Soymeal is down $6.30/ton in the December contract. Nearby Soy Oil futures are up 52 points on the day. A private...
Hogs Mostly Higher on Monday
Lean hog futures are mixed on Monday, with the October contract down 12 cents and the rest of the nearbys up $1 to $1.10.. The national average base hog price was not reported on Monday morning, with the 5-day rolling average at $77.32. The CME Lean Hog Index was reported...
Wheat Trade Positive on Monday
The wheat complex is pushing higher across the exchanges on Monday. Chicago SRW futures are up 2 to 2 3/4 cents across the front months. KC HRW contracts are up 3 to 4 cents so far at midday. MPLS spring wheat is trading with 3 to 4 cent gains on...
Cattle Mixed on Monday
Live cattle futures are trading with front month contracts up 35 cents to 12 cents lower. Cash trade kicked off on Friday, with some action at $186 reported in the South, up $1 on the week. Northern action was $187 live and $296 in the beef up $2 from the...
Cotton Higher So Far on Monday
Cotton futures are showing 40 to 43 point gains so far on Monday. The outside markets are supportive, with the crude oil trading up $2.73/barrel, and the US dollar index slipping 100 points lower. Commitment of Traders data showed spec funds at a net short of just 12,147 contracts as...
Cattle Look to Monday Trade After Rallying Last Week
Live cattle futures posted positive trade on Friday, with contracts up anywhere from 20 cents to $1. Cash trade kicked off on Friday, with some action at $186 reported in the South, up $1 on the week. Northern action was $296 in the beef up $2 from the previous week....
Wheat Showing Mixed Action on Monday AM Trade
The wheat complex is mixed across the exchanges on Monday morning, with the soft wheat the firmest. Futures saw lower trade across all three exchanges on Friday, to close the week on a lower note. Chicago SRW futures were down 8 1/2 to 13 3/4 cents across the board, as...
Hogs See Gains Last Week
Lean hog futures posted mostly lower trade on Friday, with contracts down 5 to 32 cents. December managed to post a $2.77 gain on the week. The national average base hog price was reported at $74.89 on Friday afternoon, which was up 90 cents from the previous day. The CME...