The wheat complex posted weaker trade on Friday across the three markets as March Rolled off the board. Chicago SRW was the weaker of the three, down 5 to 6 cents, with May 5 ¾ cents higher on the week. Kansas City HRW contracts were 1 to 2 cents lower...
Live cattle futures posted gains of 75 cent to $1.125 across most front months on Friday, with April rallying $2.90 on the week. Cash trade got kicked off across the country on Friday, with southern sale at $203 and Northern action at $205-206. Friday morning’s Fed Cattle Exchange online auction...
The corn market closed Friday with front months down 6 to 8 cents in the nearbys as March expired and May dropping 10 ¾ cents on the week. New crop December was down 3 ¼ cents on Friday, with a 4 cent pullback this week. The CmdtyView national average Cash...
Lean hog futures posted front month strength on Friday, with contracts up a dime to $1 at the close. April was back down 72 cents on the week. The Friday afternoon national average base hog negotiated price from the USDA was reported at $89.05, down a dime from the day...
Soybeans settled the Friday session with 5 to 7 cent gains across most contracts, with March rolling off the board. May futures were down 9 cents this week, with new crop November 7 ½ cents lower. CmdtyView’s national front month Cash Bean price was up 5 1/2 cents at $9.53....
Cotton futures rallied on Friday, with contracts up 68 to 90 points at the close, as May was up 130 points this week. Crude oil futures were back up $0.64/barrel to provide some support, with the US dollar index down $0.155 on the day. The large managed money spec funds...
The wheat market is showing mostly lower trade on Friday as March futures expires. Chicago SRW futures are mostly 6 to 8 cents in the red. KC HRW futures are down 2 to 3 cents on the session. There were another 11 deliveries against March KC wheat overnight, with 4...
Live cattle futures are showing 80 cent to $1.07 gains on Friday’s midday. Cash trade has been quiet so far this week, with a few light sales of $200 in KS on Wednesday. Bids are being reported at $202-205 in the North on Friday. This morning’s Fed Cattle Exchange online...
Lean hog futures are back to mixed after starting out weaker, with the front months up 37 to 55 cents and other contracts lower. Friday morning’s national average base hog negotiated price from the USDA was reported at $89.70. The CME Lean Hog Index was back down 3 cents from...
Soybeans are trading with contracts 4 to 10 cents higher at midday. CmdtyView’s national front month Cash Bean price is up 4 cents at $9.51 1/2. Soymeal futures are down $1.20/ton in the nearbys, with Soy Oil futures 31 points higher. There were 30 deliveries issued against the expiring March...
Cotton futures are showing gains of 63 to 106 points at Friday’s midday. Crude oil futures are back up $0.70/barrel to provide some support, with the US dollar index down $0.120 so far on the day. Total export sale commitments for US cotton are now at 10.124 million RB, which...
Corn futures are trading with 7 to 10 cent losses across the front months on Friday, with New crop down 2 ½ cents. There were no deliveries for March futures overnight, with the contract expiring today. The CmdtyView national average Cash Corn price is back down 7 1/2 cents at...
The corn market is slipping back lower so far on Friday, with losses of 2 to 5 cents. Futures rallied back on Thursday, with contracts closing 4 to 5 cents higher in the front months. Contracts closed off the highs, but still clawed back some of the Wednesday losses. Preliminary...
Soybean futures are showing mixed trade so far on Friday morning, mostly within a penny of unchanged. Soybeans saw a bounce back on Thursday with contracts closing 5 to 11 cents in the green. CmdtyView’s national front month Cash Bean price is back up 10 1/2 cents at $9.48 1/2....
Cotton futures are posting gains of 27 to 50 points so far on Friday. Contracts saw a pull back on Thursday, with futures closing with losses of 30 to 50 points in the nearbys. Crude oil futures closed Thursday down $0.90/barrel to provide some pressure, with the US dollar index...