Newswire
Commentary
- Corn Closes Higher on Spillover Support from Wheat
- Corn was on the receiving end of spillover support from the wheat market on Friday, as futures were up fractionally to 3 cents higher. March was up 8 ¾ cents on the week. CmdtyView’s national average Cash Corn price was up 2 3/4 cents at $4.63 1/2. The markets will...
- Cotton Posts Gains Ahead of the Long Weekend
- Cotton futures closed the Friday session with contracts gaining some steam, up 23 to 33 points. March was up 148 points on the week. Crude oil futures were down 75 cents/barrel on the day, with the US dollar index $0.531 lower. The markets will be closed on Monday for President’s...
- Hogs Close Mixed as Fed Rolls Off the Board
- Lean hog futures closed with mostly weaker action as contracts were down 50 to 62 cents. Expiring February was up a dime. April closed with a 45 cent gain in the week. USDA’s national average base hog negotiated price was reported at $88.23 on Friday afternoon down $2.52 from the...
- Soybeans Holds Higher Ahead of 3-day Weekend
- Soybeans found some support heading into the long weekend, as cotnracts were up 5 to 7 cents in the nearby contracts on Friday. March was down 13 ½ cents on the week. The national front month The national front month Cash Bean price from cmdtyView was 6 cents higher at...
- Wheat Adds Weather Premium Ahead of the Weekend
- The wheat complex was in rally mode across all three exchanges on Friday. Chicago SRW futures were up 20 to 23 cents in the front months, with March up 17 ¼ cents this week. KC HRW futures rallied 20 to 23 cents on the session, as March rose 17 cents...
- Cattle Fall Into the Weekend
- Live cattle futures were under pressure for Friday trade, with losses of $1.80 to $2.27, as Feb was $3.025 lower this week. Cash trade for the week settled in at $202-203 in the South and $203 in the North down from $205 and $208 respectively last week. Feeder cattle futures...
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