The wheat complex was pressure across the three markets on Tuesday, with spring wheat leading the bears. Chicago SRW contracts were 8 1/4 to 10 3/4 cents in the red at the close. KC HRW futures posted...
Lean hog futures were mixed at the Tuesday close, with contracts down 42 cents in July to up 50 cents in August and most of the rest of the board in between. USDA’s national base hog price was reported...
Corn futures were mixed on Tuesday, with nearbys through September 2027 down 1 to 2 ¼ cents lower and deferreds fractionally to 2 ¼ cents higher. The CmdtyView national average Cash Corn price was down...
Cotton futures saw sharp front month losses of 125 to 148 points in the old crop, with other contracts down 12 to 87 points. Crude oil was down another 81 cents/bbl to $73.19. The US dollar index is up...
Live cattle futures were down 67 cents to $1.35 across most contracts on the day. Cash trade has yet to develop this week, as sales crept up to $258-260 last week. Feeder cattle futures were 42 cents to...
Soybeans closed mixed on Tuesday, with front months steady to 1 ½ cents higher and deferreds up 1 to down 1 ¼ cents. The cmdtyView national average Cash Bean price was up 1 1/2 cents at $10.66 ¾. Soymeal...
Corn, soybeans, and wheat appear to be stuck in a rut as traders anxiously await next week's acreage report.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -1.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -3.29%. September...
Traders continue to be picky as to when, and by how much, they converge basis on any given day.
