Commentary
- Corn Heads Lower into the Weekend
- The corn market closed out the Friday session with contracts down 1 to 4 ¾ cents. December was up just ¾ cent on the week. The CmdtyView national average Cash Corn price was down 4 1/2 cents at $3.83 3/4. The average December close so far in October, now with...
- Cattle Closes with Limit Losses Nearly Across the Board
- Live cattle futures fell the $7.25 limit on Friday, with October the lone contract not locked the limit, but still $5.97 lower. October was $233.75 lower this week. Cash trade settled in at $238-240 this week, with the later action on the lower side of that. The Friday morning Fed...
- Hogs Close Mixed on Friday
- Lean hog futures posted mixed trade on Friday, with contracts within 12 cents of unchanged across the board. December was was down just 47 cents this week. USDA’s national base hog price from Friday afternoon was down 82 cents at $85.56. The CME Lean Hog Index was down another 55...
- Cotton Nudges Out Gains on Friday
- Cotton futures closed Friday with contracts 3 to 13 points higher, as December slipped back 8 points on the week. Crude oil futures were 35 cents/barrel to $61.44, with the US dollar index up $0.021 to $98.750. President Trump and China’s President Xi are expected to meet in South Korea...
- Soybeans Correct Back Lower Ahead of the Weekend
- Soybeans saw steady trade in some deferred contracts on Friday, with nearbys down fractionally to 3 cents. November was up 22 ¼ cents this week. November options expired today, with first notice day on the 31st . The cmdtyView national average Cash Bean price was 2 1/2 cents lower at...
- Winter Wheat Contracts See Strength, as Spring Wheat Slips Back
- The wheat complex is mixed at midday, with the winter wheats showing the strength. CBT soft red wheat was fractionally mixed, with nearbys lower and deferreds higher. December was 8 ¾ cents higher on the week. KC HRW futures saw Friday gains of 1 to 1 1/2 cents, as December...
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