Commentary
Cotton Fade Lower into the Weekend
Cotton futures closed the Friday session with contracts down 15 to 30 points on the day, as March was 78 points lower on the week. Crude oil futures were up 47 cents per barrel at $60.14 on the day, with the US dollar index $0.042 higher to $98.995. Delayed CFTC...
Hogs Close Out the Week with Gains
Lean hog futures posted nearby gains of 40 cents to $1 on Friday, as December was up $1.05 this week. USDA’s national base hog price was reported at $71.53 on Friday afternoon, down $1.12 from the day prior. The CME Lean Hog Index was up 16 cents on December 3...
Soybeans Fall into the Weekend as Traders Fade Chinese Purchases
Soybeans posted losses of 11 to 15 cents on Friday, with January down 32 cents on the week. The cmdtyView national average Cash Bean price was 14 1/4 cents lower at $10.34 1/2. Soymeal futures were down $3.50 to $4.20, with weekly loss of $11.30 for the January contracts. Soy...
Wheat Trading Mixed on Friday
The wheat complex posted Friday losses across most contracts at the close. Chicago SRW futures posted 3 to 5 cent losses on Friday, with March 2 ¾ cents in the red. KC HRW futures were down 2 to 4 cents across most contracts with March managing to close 3 ¾...
Corn Falls Lower on Friday
Corn futures posted losses of a penny to 2 ½ cents on Friday, with March closing the week with a 3 cent loss. The CmdtyView national average Cash Corn price was down 2 ¼ cents on the day at $3.99 1/4. Commitment of Traders data from Friday afternoon showed managed...
Cattle Rally into the Weekend
Live cattle futures were un rally mode on Friday, as December led the way trying to catch the cash market, with gains of $2.50 to $5.70. December options expired today, as the contracts was up $11.57 this week. Cash trade kicked off with $220-222 action in the north and ended...


  


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