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Commentary
Hogs Showing Marginal Weakness on Friday
Lean hog futures are down 5 to 25 cents across most contracts on Friday. The USDA national average base hog negotiated price was down 58 cents at $87.91 in the Friday AM report. The CME Lean Hog Index was steady from the previous day on March 26 at $89.13. Hogs...
Cattle Slipping Weaker on Friday
Live cattle futures are down 30 to 55 cents across the nearbys on Friday. Cash trade has been slow this week. A single sale of $222 was reported in IA this morning. The Central Stockyards Fed Cattle Exchange online auction showed no sales on the 1,328 head listed again on...
Corn Posting Mixed Trade on Friday
The corn market is trading with contracts mixed, as nearbys up fractionally to 1 ½ cents higher and down 1 ½ in new crop December as the market squares up ahead of Monday’s reports. The CmdtyView national average Cash Corn price was down 1 ½ cents on the day at...
Soybeans Holding Gains on Friday’s Midday
Soybeans are showing midday strength on Friday, with contracts up 3 to 4 cents across the nearbys. CmdtyView’s national front month Cash Bean price is up 3 1/2 cents at $9.64. Soymeal futures are down $1.90/ton, as Soy Oil futures are 75 points higher on the day. Weekly Export Sales...
Wheat Falling Lower on Friday
The wheat market is posting continued weakness on Friday. Chicago SRW futures are slipping back 8 to 9 cents at midday. Kansas City HRW contracts are leading the charge lower, with contracts down 17 to 18 cents. MPLS spring wheat is down 7 to 10 cents across the front months....
Cotton Weaker at Friday’s Midday
Cotton futures are trading with 21 to 32 point losses on Friday’s midday. Crude oil futures are down 54 cents/barrel, as the US dollar index $0.282 lower on the day. USDA Export Sales data has commitments for upland cotton at 10.309 million RB, which lags last year by 5%. That...

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