Crude oil is also higher and may stay supported after Iran warned that ships should not pass through the Strait of Hormuz. Around 20% of global oil supply moves through this channel.The longer disruption...
Cotton futures posted losses of 90 to 102 points in the front months on Monday. Crude oil was up $4.01 on the day following the US/Israel strikes on Iran over the weekend, but just over $4 off the overnight...
The wheat complex was in give back mode on Monday, with all three markets weaker. Chicago SRW futures were down 14 to 17 cents across most contracts. KC HRW futures were down 5 to 6 cents at the close....
Live cattle futures saw strength into the Monday close, as contracts were 30 to 90 cents higher. Cash trade was late last week, with Southern action at $244 and Northern sales from $239-243. Feeder cattle...
Corn futures rounded out Monday trade, with contracts down fractionally to 5 ½ cents in the nearbys. Deferred new crop contracts were up fractionally to 2 1/4 cents. There were 448 deliveries issued on...
Soybeans were 5 to 8 cents lower in the front months on Monday, with new crop contracts fractionally higher. There were another 158 deliveries issued on Friday evening. The cmdtyView national average Cash...
Lean hog futures saw contracts close Monday steady to 15 cents weaker. USDA’s national base hog price was reported at $91.87 on Monday afternoon, up $1.49 from the day prior. The CME Lean Hog Index was...
Hogs form a Ledge
Short Term Hedge Idea for March Soybeans
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