Newswire
Commentary
- Cotton Slips Back on Outside Pressure
- Cotton futures closed with losses of 35 to 67 points on the Thursday session. The outside markets were pressure factors, with the US dollar index up $0.480 on the day to $97.000, with crude oil futures $0.41 lower. USDA tallied upland cotton export business at 186,108 RB for the week...
- Wheat Falls Lower on Thursday
- The wheat complex was weaker across the board on the Thursday session. CBT soft red wheat futures were down 3 to 4 cents on Thursday. KC HRW futures were 5 to 6 ¼ cents lower at the close. MPLS spring wheat futures closed the session the 2 to 3 cent...
- Hogs Show Steady Trade on Thursday
- Lean hog futures saw steady trade to 15 cent gains in the nearbys on Thursday. USDA’s national base hog report from Thursday afternoon was reported at $105.60, down $1.11 from the day prior. The CME Lean Hog Index was down 14 cents on September 16 at $105.86. Pork export business...
- Cattle Creep Higher as Traders Square Up Ahead of Friday’s Cattle on Feed Report
- Live cattle futures posted $1.25 to $1.50 gains across the front months at the Thursday close. A few Southern sales have been reported at $239-240 this week, with Northern dressed sales at $370, down $5-8 wk/wk. The Thursday morning Fed Cattle Exchange online auction from Central Stockyards saw no sales...
- Corn Weakness Extends to Thursday
- Corn futures pulled back into the Thursday close, extending the weakness from Wednesday. Contracts closed with losses of 2 to 3 cents. The CmdtyView national average Cash Corn price was down another 3 cents at $3.79 ¼. A private export sale of 110,000 MT of corn was reported by the...
- Soybeans Slide Lower Ahead of Trump/Xi Call on Friday
- Soybeans posted Thursday losses of 6 to 7 cents across most contracts. The cmdtyView national average Cash Bean price as down 6 1/4 cents at $9.60 1/2. Soymeal futures were 90 cents to $2 lower in the front months on Thursday. Soy Oil futures were down another 36 to 67...
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