Newswire
Commentary
- Wheat Mixed at Midday Following Solid Export Sales
- The wheat complex is trading mixed across the three markets on Thursday. Chicago SRW futures are steady to a penny lower so far. KC contracts are up 2 to 3 ½ cents at midday. MPLS spring wheat is holding onto losses with contracts down 2 to 3 cents. USDA’s Export...
- Hogs Back to Higher Thursday Trade
- Lean hog futures are up 12 to 67 cents so far on Thursday. USDA’s national base hog price had a weighted average of $113.81 on Thursday morning, down 96 cents from the previous report. The CME Lean Hog Index was up 64 cents at $109.23 on July 22. Export Sales...
- Soybeans Easing at Midday
- Soybeans are trading with Thursday losses of 2 to 5 ¼ cents so far at midday, led by the nearbys. The cmdtyView national average new crop Cash Bean price is down 2 cents at $9.70. Soymeal futures are back down $1.70 to $1.90/ton. Soy Oil is trading with 10 to...
- Cattle Falling on Thursday as Traders Square Up Ahead of USDA Reports on Friday
- Live cattle futures are slipping lower on Thursday, with losses of a dollar at midday. Cash activity thus far has been limited so far this week, with some light $230 in the South. Other bids are $230 in the South and $235 in the North. The Thursday Fed Cattle Exchange...
- Corn Holding Modest Gains Following Export Business
- Corn prices are on the positive side of unchanged on Thursday, with midday gains of fractionally to 1 ¼ cents. The CmdtyView national average new crop Cash Corn price is up 1 1/4 cents at $3.76 1/2. USDA reported a private export sale of 135,000 MT of corn sold to...
- Cotton Trading with Thursday Gains
- Cotton futures are trading with 51 to 78 point gains at midday. Crude oil futures are 28 cents/barrel higher. The US dollar index is higher, up $0.177 to $97.130. Export Sales data showed a total of 32,748 RB in net reductions for old crop cotton in the week ending on...
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