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Corn Joining in on the Gains on Thursday
Corn futures are showing 4 to 5 cent gains in most contracts on Thursday. The CmdtyView national average Cash Corn price is 4 1/2 cents higher at $3.83. Precip heading into July is limited in portions of NE, SD, IA, the southern portions of MN/WI as well as the northern...
Soybeans Leading the Rally at Thursday’s Midday
Soybeans are up 12 to 17 cents in most contracts on Thursday. The cmdtyView national average Cash Bean price is up 13 1/4 cents at $10.72 1/2. Soymeal futures are up $2.40 to $2.70 in the nearbys, with Soy Oil futures back up 55 to 70 points. Precip heading into...
Cotton Posting Thursday Midday Gains
Cotton futures are trading with most contracts 50 to 85 points higher, as nearby July is down 187 points. Crude oil is down another $1.09 /bbl to $71.43. The US dollar index is back down $0.226 higher at $101.165. USDA’s Export Sales report from this morning showed 83,864 RB of...
Hogs Continue Mixed Trade on Thursday, as July Remains Weak
Lean hog futures are trading with July down 60 cents and other contracts up 12 to 35 cents. USDA’s national base hog price was not reported by USDA this morning. The CME Lean Hog Index was back up 38 cents on June 23 at $91.85 USDA will release their quarterly...
Cattle Posting Mixed Trade on Thursday
Live cattle futures are mixed, with nearby June up $1 and other contracts anywhere from 15 cents higher to 35 cents lower. Cash trade saw some very light volume $260 live and $408 dressed in the north on Wednesday, with a few bids at $255 this morning. The Thursday morning,...
Wheat Trading Mixed at Midday
The wheat complex is mixed on Thursday. Chicago SRW contracts are fractionally higher at midday. Open interest dropped 11,876 contracts on Wednesday. KC HRW futures are down 1 to 2 cents in most contracts on Thursday. MPLS spring wheat was mixed, with contracts up ¼ cent to 3 3/4 cents...