The wheat complex posed weakness in the winter wheats on Wednesday, as spring wheat turned higher at the close. Chicago SRW futures closed the midweek session with contracts 1 to 3 ½ cents lower. KC HRW...
Soybeans were supported by strength in soybean meal on Wednesday, with contracts up 8 to 10 cents. The cmdtyView national average Cash Bean price was up 10 cents at $10.85 1/2. Soymeal futures are $4.40...
Cotton futures posted gains of 61 points across the front months at the Wednesday close. Crude oil futures are down 6 cents per barrel on the day at $65.57. The US dollar index was down $0.170 at $97.600....
Live cattle futures saw Wednesday trade close with gains of 97 cents to $1.17 in the front months. Cash trade has been quiet so far this week. The Wednesday morning Fed Cattle Exchange online auction showed...
Corn futures posted 2 to 3 ½ cent gains across most contracts on Wednesday. The CmdtyView national average Cash Corn price was up 3 cents to $3.98. With just 2 days left for price discovery for the spring...
Lean Hog Futures closed with 15 to 40 cent gains in the front months on Wednesday. USDA’s national base hog price was reported at $91.21 on Wednesday afternoon. The CME Lean Hog Index was 18 cents higher...
A strong close for new crop Soybeans may offer early hedging opportunities.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.41%. March E-mini...
The feeder cattle market is bullish because there are more producers bidding higher to attract inventory to their production facility.