Positive Trade talks with China, Screwworm drive prices higher
Soybeans closed out the Monday session with contracts rallying 20 to 27 cents. The cmdtyView Cash Bean price was up 19 3/4 cents to $10.60. Soymeal futures were up $3.90 to 4.90 so far on the day, with...
Live cattle futures rallied $1.50 to $2.15 into the close on Monday. Cash trade settled in last week $218-220 in the South, with northern action at $225-228. Feeder cattle futures were in a rally mode...
Lean hog futures saw some strength on Monday, with contracts up anywhere from 35 cents to $2.05. USDA’s national average base hog negotiated price was reported at $95.29 on Monday afternoon, up $0.82...
Corn futures fell back from the higher post-USDA report trade on Monday, with nearbys slipping 1 to 2 cents. New crop contracts were 3 to 4 cents in the green at the close. The nearby CmdtyView national...
Wheat futures fell lower across the three exchanges on Monday, pressured by less than bullish USDA data. Chicago SRW futures were 6 to 7 cents in the red on the Monday session. Kansas City HRW futures...
Cotton futures fell back from the early session high, but held onto gains on Monday of 2 to 18 points into the close. Crude oil prices posted gains of $1.10/barrel. The US dollar index was back up $1.462...
Ending Stocks Reduced, Funds Noticed
Cattle feeders continue to see the best profit margin ever today, while having to replace with higher feeder cattle and input costs that project significant losses in the future, without further stupendous...
Crop Progress - 2025-05-12