Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down 86 cents from the day prior. The CME Lean Hog Index...
Cotton futures closed the Wednesday session with contracts down 31 to 75 points. The US dollar index was $0.420 lower at $97.890. Crude oil was down $6.06 on the day following the US and Iran closing in...
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a...
Corn futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. The CmdtyView national average Cash Corn price was 11 1/2 cents lower...
The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek session. KC HRW futures pulled off the early lows...
Soybeans closed the Wednesday session with contracts falling 10 to 16 ¾ cents. The cmdtyView national average Cash Bean price was down 16 1/2 cents at $11.27 1/2. Soymeal futures were down 30 cents to...
Everyone’s focused on fuel costs. But you might want to pay closer attention to FOOD. The price of agricultural commodities is perking up – and the longer the Middle East conflict goes on, the greater...
More Up in Store?
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.46%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.08%. June E-mini...
There appears very little left to the supply side story of cattle.
