Cattle Losses Extend to Friday
Live cattle futures were down 97 cents to $1.20 in the front months on Friday, as October was $3.67 lower this week. Cash activity saw sales of $242-243 reported this week, steady to $1 higher in the South and $2-3 weaker in the North. This morning’s Fed Catte Exchange online...
Cotton Ends Friday with Weakness
Cotton futures posted weaker trade on Friday, as contracts were down 13 to 30 points. December slipped 51 points this week. The outside markets were mixed factors, as the US dollar index was down $0.624 on the day to $97.680 and crude oil futures $1.51 lower. Spec funds in cotton...
Hogs Round Out the Week with Gains
Lean hog futures posted Friday strength as contracts were up 87 cents to $1.05. October was $1 higher this week. USDA’s national base hog report from Friday PM showed negotiated prices at $101.25, down $3.18 from the day prior. The CME Lean Hog Index was up a nickel on September...
Wheat Weakens into Friday’s Close
The wheat complex turned from the midday gains, as contracts were lower across most contracts to round out the week. CBT soft red wheat futures were fractionally to 2 cents in the red at the close, with December down 15 cents. KC HRW futures were up 2 cents in thin...
Soybeans Push Lower into the Close to Deepen Week’s Losses
Soybean futures posted weakness on Friday, pushing lower into the close, as contracts were down 5 to 6 cents at the final bell. November fell 27 ½ cents this week. The cmdtyView national average Cash Bean price was down 6 cents at $9.49 1/2. Soymeal futures were 40 cents $1.10...
Corn Slip into Friday’s Close
Corn futures slipped lower into the Friday close, failing to hold the midday gains. Contracts were fractionally to 2 cents lower across most contracts, as December was 2 ¼ cents lower on the week. The CmdtyView national average Cash Corn price was down 2 at $3.73 ¼. Export Sales data...
Soybeans Showing Weakness on Friday
Soybean futures are trading with 2 to 3 cent losses across most contracts on Friday. There were 125 deliveries issued against September beans overnight. The cmdtyView national average Cash Bean price is down 2 1/2 cent at $9.52 1/4. Soymeal futures are $1.20 higher so far on the day, with...
Hogs Continue Gains into Friday
Lean hog futures are showing continued strength on Friday, with contracts up 87 cents to $1.10. USDA’s national base hog report from Friday AM showed negotiated prices at $100.88, down $4.94. The CME Lean Hog Index was up a nickel on September 3 at $105.97. Export Sales Data showed pork...
Wheat Higher at Midday
The wheat complex is showing some slight gains to round out the week. CBT soft red wheat futures is 3 to 4 cents in the green at midday. The CBOT showed another 3 deliveries issued for September wheat overnight. KC HRW futures are up 2 to 5 cents across the...
Cattle Extending Pull Back on Friday
Live cattle futures are continuing weakness on Friday with midday losses of $1.27 to $1.37 in the front months. Cash activity saw sales of $242-243 reported this week, steady to $1 higher in the South and $2-3 weaker in the North. This morning’s Fed Catte Exchange online auction showed sales...
Corn Holding Gains to Round Out the Week
Corn futures are maintaining the strength above the $4.20 level on the December contract at Friday’s midday, with front months up 2 to 3 ½ cents. The CmdtyView national average Cash Corn price is up 2 at $3.77 The US/Japan trade deal was finalized on Thursday afternoon, with the White...
Cotton Sticking Near Unchanged at Midday
Cotton futures are trading with steady to 4 point lower action across most nearby contracts at midday. The outside markets are mixed factors, as the US dollar index is down $0.779 on the day to $97.530 and crude oil futures $1.67 lower. USDA’s weekly Export Sales report showed a total...
Soybeans Holding Steady on Friday AM Trade
Soybeans are trading with contracts fractionally mixed. Futures were weaker early on during the Thursday session, but contract came back to close with 1 to 2 cent gains in the nearbys. September was an exception, down 4 cents on thin trade. There were 125 deliveries issued against September beans overnight....
Wheat Bulls Pushing Back on Friday Morning
Wheat is trading with early Friday Gains across the three markets. The wheat complex was down across all three exchanges to close out the Thursday session. CBT soft red wheat futures was down 1 to 2 ½ cents on the day. The CBOT showed another 3 deliveries issued for September...
Cattle Look to Friday after Lower Week of Trade
Live cattle futures posted $1.37 to $1.75 losses across the nearbys on the Thursday session. Cash activity has started to pick up this week, with some sales of $242-243 reported, steady to $1 higher in the South and $2-3 weaker in the North. This morning’s Fed Catte Exchange online auction...