Headlines
Commentary
- Hogs Slip on Friday to Extend Weekly Slide
- Lean hog futures closed the Friday session with losses of a tick to 45 cent across most contracts. October was down another $1.05 on the week. The national average base hog price was reported at $76.00 on Friday afternoon even with the previous day. The CME Lean Hog Index was...
- Cattle Heads Home Mixed on Friday
- Live cattle futures closed mixed on Friday, with front months steady to 37 cents lower and deferreds up 10 to 20 cents. October was up $2.475 on the week. Cash trade this week saw sales of $180-182 reported in the South this week, steady to $1 higher from last week,...
- Cotton Rounds out the Week with Losses
- Cotton futures settled the Friday session with contracts down 26 to 57 points across the board. December still saw a decent pop this week, up 194 points. The dollar index was down 226 points, with crude oil futures up just 29 cents/barrel. The large managed money speculators were adding 6,827...
- Soybeans Head into the Weekend with Losses
- Soybeans couldn’t manage to hold the early morning strength on Friday, with futures closing 1 ¾ to 5 cents lower across the board. November closed out the week with just a 1 ¼ cent gain. Pressure came from the product values on Friday. Front month Soymeal futures were down 30...
- Wheat Rallies Double Digits to Close Out Week
- The wheat complex posted double digit gains on Friday, as September rolled off the board. Chicago SRW futures were up 10 ½ to 16 ¼ cents on the day, as December closed the week up 27 ¾ cents. KC HRW was 10 to 13 cents higher across the board, with...
- Corn Rally Hold on Friday
- Corn futures posted gains of 2 ½ to 7 ¼ cents in Friday, led by now nearby December, as September rolled off the board. That helped to propel Dec to a weekly gain of 7 cents from last Friday. The nearby Cash Corn from cmdtyView was up 7 ½ cents...