Newswire
Commentary
- Soybeans Slipping on Friday Morning Trade
- Soybeans are trading with 2 to 5 cent losses in early Friday trade. The soybean market posted a mixed Thursday close, as contracts were down 1 ¾ to ½ cent higher. CmdtyView’s national front month Cash Bean price was steady at $9.46 1/2. Soymeal futures were down $1.1 to $1.60/ton...
- Cotton Pulling Back Lower on Friday Morning
- Cotton price action is heading south this morning, down 68 to 86 points across most front months. Futures posted slightly mixed trade on Thursday, with contracts down 6 point to 5 points higher. The outside markets were pressure factors, with the US dollar index up 310 points and crude oil...
- Wheat Hovering Near Unchanged to Start Friday
- Wheat is off to a slow start on Friday morning, with contracts sticking close to steady. The wheat complex closed with weakness across the three markets on Thursday. Chicago SRW futures were 4 ¼ to 4 3/4 cents lower across the board. KC HRW contracts were down 4 ¼ to...
- Corn Steady to Kick Off Friday
- Corn futures are trading near unchanged so far on Friday morning. The corn market closed out the Thursday session with contracts down ½ to 6 ¼ cents, retreating from the early week rally. There were another 107 deliveries issued against December corn futures overnight, with contract expiration today. The national...
- Cattle Retreat on Thursday
- Live cattle futures reverted lower on Thursday with contracts down 12 cents to $1.22 at the close. Early cash action has seen $191 trade reported in KS this week, with action up to $195-196 in NE reported on Thursday. Thursday morning’s Central Stockyards Fed Cattle Exchange online auction showed $192...
- Hogs Sneak Out Thursday Gains
- Lean hog futures settled with 5 to 20 cent gains on Thursday. The national average base hog negotiated price was reported at $79.02 on Thursday afternoon, which was down $2.37 from the day prior. The CME Lean Hog Index was reported at $83.61 on December 10, up 28 cents from...
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