Headlines
Commentary
- Cotton Eases Back Lower on Thursday
- Cotton futures closed the Thursday session with contracts down 5 to 10 points in the nearbys, as October was down 24 points on thin trade. The US dollar index was back down $0.383 to $98.045, as crude oil futures were down another $1.31. USDA’s Export Sales report showed a total...
- Wheat Closes with Weakness on Thursday
- The wheat complex fell back lower on Thursday, closing with weakness across all three markets. CBT soft red wheat futures were down 3 to 4 cents on the day. KC HRW futures posted 2 to 2 ½ cent losses in the front months on Thursday. MPLS spring wheat was down...
- Soybeans Close Lower on Thursday as Products Add Pressure
- Soybeans fell lower on Thursday, with contract falling 14 to 16 ½ cents, as August expired down 3 ¼ at $10.08 ½. The cmdtyView national average Cash Bean price was down 16 3/4 cents at $9.65 1/4. Soymeal futures were back down $1.80 to $3.30/ton on the day, with Soy...
- Corn Closes with Mixed Trade on Thursday
- Corn bulls fought off the weakness on Thursday, as contracts closed with nearbys within a penny of unchanged. The CmdtyView national average Cash Corn price was up 3/4 cent at $3.57 1/4. USDA reported private export sales announcements of 136,000 MT to South Korea and 132,000 MT to Spain all...
- Hogs Fall Lower on Thursday
- Lean hog futures fell $1.40 to $1.65 across the front months on Thursday, as expiring August was up a tick. USDA’s national base hog price was down 11 cents in the Thursday PM report, at $110.37. The CME Lean Hog Index was down 6 cents at $109.78 on August 12....
- Cattle Fall Back Lower on Thursday
- Live cattle futures fell lower on Thursday, as the bears got a head start to the week-end selling. Contracts were down $2.20 to $3 across the front months on Thursday. Cash trade has been light this week, with light dressed trade at $384-386 in the North, with live action at...