Commentary
- Corn Posts Double Digit Losses as Yield Cut Falls Short of Estimates
- Corn futures closed out the Friday session with contracts down 10 to 11 ½ cents. Despite the losses, December closed with a gain of 3 cents on the week. The CmdtyView national average Cash Corn price was down 11 cents at $3.91 ½. After a month off, USDA released an...
- Cotton Posts Friday Losses as USDA Hikes Yield
- Cotton futures pushed to new lows on Friday, with contracts down 35 to 41 points at the close. December was 113 points in the red this week. Crude oil futures were back up $1.23 per barrel to $59.92 on the day, with the US dollar index $0.120 higher to $99.170....
- Hogs Close Higher on Friday
- Lean hog futures posted Friday gains of 30 to 55 cents, as December was down 90 cents on the week. USDA’s national base hog price from Friday afternoon was reported at $75.84, which was down $2.02 from the day prior. The CME Lean Hog Index was down another 3 cents...
- Wheat Falls as USDA Hikes Supply Estimates
- The wheat complex posted Friday losses to close the week. CBT soft red wheat futures were down 8 to 11 cents on Friday, as December saw a ½ cent loss this week. KC HRW futures were 10 to 12 cents in the red at the close, with December 4 cents...
- Soybeans Falls into the Weekend as Export Data Suggests Limited China Buying
- Soybeans saw weakness on Friday, as contracts were down 17 to 22 ¼ cents in the nearbys. January still managed a gain of 7 ½ cents on the week, as November expired at the close. The cmdtyView national average Cash Bean price was 22 3/4 cents lower at $10.50 1/4....
- Cattle Bounce Higher into the Weekend
- Live cattle futures found some footing to close out Friday, with gains of 15 cents to $1. December was down $2.20 on the week. Cash trade was reported at $225-227 this week across the country, with a few at $228 in the South. Some late Northern sales were $218-222. Feeder...
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