The USDA revising its forecast for corn and wheat exports downward, reflecting the broader landscape of shifting prices and global competition. In a report published on Wednesday, the agency forecasts...
Futures weaken, end week on sour note
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Soybeans posted 4 to 6 cent losses across most contracts on Friday, as July was up 42 cents on the month. Soymeal saw mixed action with July up $1.10/ton and August down 60 ents. Soy Oil was down 20 points...
Cotton prices closed 150 to 161 points in the red to round out the week and the month, after shipment data was soft in this morning’s Export Sales report. Outside factors are showing crude oil down 74...
Live cattle were down $1 to $1.50 on Friday, the end of the month provided some selling opportunities. June was up $6.57 during May. Cash action this week saw the North reported at $190, down $2 on the...
Lean hogs posted Friday gains, with contracts up 17 to 37 cents in the front months to round out the month. The June contract was down $8.12 since April 30. USDA’s National Average Base Hog negotiated...
The wheat market closed with mixed action on Friday. Contracts in Chicago were steady to 3 cents lower on the day, with July up 75 cents on the month. Kansas City futures were fractionally lower in the...