Headlines
Commentary
- Hogs Look to Tuesday with Cutout Strength
- Lean hog futures closed up 10 to 87 cents on Monday. Preliminary open interest was down 2,469 contracts on Monday. USDA’s national base hog price had a weighted average of $110.47 this afternoon, up $4.92 from the previous report. The CME Lean Hog Index was up 30 cents at $107.93...
- Cotton Holding Steady on Tuesday Morning
- Cotton prices are near unchanged on Tuesday morning, with thinly traded October up 16 points and other contracts down 1 to 2 points. futures closed out the Monday session with losses of 52 to 58 points. Crude oil futures were down 27 cents per barrel. The US dollar index was...
- Soybeans Losses Extend to Tuesday AM Trade
- Soybeans are down 4 to 7 cents so far on Tuesday morning. Futures failed to see much buying out of the weekend, as contracts were down 9 to 13 cents at the close. Preliminary open interest was up 1,685 contracts in Monday, suggesting new selling interest. The cmdtyView national average...
- Cattle Look to Tuesday After New Highs on Monday
- Live cattle futures saw $1.67 to $1.95 gains at the Monday close. Preliminary open interest was up 4,462 contracts on Monday, suggesting new buying interest. Cash trade on Friday saw KS at $230-231 and $240-242 northern action. Feeder cattle futures were up $3.50 to $3.70 on the session. The CME...
- Wheat Mixed on Tuesday Morning
- The wheat market is trading with mixed trade, as most contracts are within 2 cents of unchanged. Wheat pushed lower across the three markets on Monday, led by spring wheat. CBT prices were 3 to 4 cents lower across most nearbys. Preliminary open interest showed new selling interest up 2,270...
- Corn Pullback Continues on Tuesday Morning
- Corn is trading with earlier Tuesday losses extending 4 to 5 cents lower. Futures closed out the Monday session seeing some slight buying off the midsession lows, though contracts were still 4 to 5 ½ cents in the red. Preliminary open interest was down 1,259 contracts on Monday. The CmdtyView...