Market Snapshot
Quotes are delayed, as of May 08, 2025, 08:28:31 AM CDT or prior.
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Burlington Area Weather
Commentary
- Corn Showing Weakness Early on Thursday
- The corn market is trading with contracts steady to 2 cents weaker on Thursday morning. Corn futures failed to hold the early gains on Wednesday, closing with contracts down 6 to 7 cents in the nearbys and new crop ½ cent lower. Preliminary open interest was up ,618 contracts, mostly...
- Wheat Showing Steady Trade Ahead of Export Sales Release
- The wheat complex is showing fractionally mixed trade so far on Thursday. Wheat futures fell lower into the close on Wednesday. Chicago SRW futures slipped back 1 to 2 cents into the final bell. There were 29 deliveries issued against May CBT wheat overnight. Kansas City HRW futures posted weaker...
- Hogs Mixed on Wednesday as Traders Look to Thursday
- Lean hog futures were mixed on Wednesday, with contracts down 25 to 40 cents and July up 7 cents. USDA’s national average base hog negotiated price was reported at $93.02 on Wednesday afternoon, down 56 cents. The CME Lean Hog Index was another 26 cents higher on May 5, at...
- Soybeans Stronger to Start Thursday
- Soybeans are trading with 5 to 7 cent strength so far on Thursday. The soybean market closed the Wednesday session with mixed trade as front months were down 2 to 5 cents and new crop 2 to 4 cents higher. Preliminary open interest was up 15,161 contracts on Wednesday. There...
- Cattle Face Midweek Pressure, as Cash Stays Firm
- Live cattle futures fell to weakness on Wednesday, with contracts down 70 cents to $1.15. Preliminary open interest was up just 155 contracts, with June down 7,785 contracts as the Goldman Roll begins and August up 6,056 contracts. Cash action is off to an earlier start this week, with $218-220...
- Cotton Sneaking Out Gains on Thursday Morning
- Cotton price action is showing 5 to 20 point gains early on Thursday. futures closed the Wednesday session with contracts down 24 to 45 points as May rolled off the board at the close. Crude oil prices were back down $1.14/barrel. The US dollar index was up $0.678 to $99.725....
