Market Snapshot
Quotes are delayed, as of September 17, 2024, 07:32:29 AM CDT or prior.
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Commentary
- Cattle Slip Up on Monday
- Live cattle futures are trading with 2 to 25 cent lower trade so far on Monday. Trade has yet to kick off this week, with Monday mostly compiling showlists. Cash trade last week saw sales of $180-182 reported in the South, steady to $1 higher from the week prior, with...
- Cotton Pulling Back Following Monday Limit Up Move
- Cotton prices are back down 50 to 79 points so far on Tuesday morning. Futures posted limit gains of 300 points across the front months on Monday. The dollar index was down 485 points so far, with crude oil futures up $1.85/barrel. Weekly Crop Progress data tallied 54% of the...
- Wheat Pushing Higher to Start Tuesday
- Wheat futures are showing positive Tuesday AM trade following Monday’s collapse. The wheat complex faced pressure on Monday across all three exchanges. Chicago SRW futures were down 14 to 17 cents on the day. KC HRW was 19 to 20 cents lower. MPLS spring wheat showed 14 to 16 cent...
- Hogs See Monday Strength
- Lean hog futures posted Monday gains of 70 cents to $1.47. The national average base hog price was reported at $76.96 on Monday afternoon up 96 cents from the previous day. The CME Lean Hog Index was $84.87 on September 12, down 48 cents from the day prior. USDA’s FOB...
- Soybeans Pushing Higher to Kick Off Tuesday
- Soybean futures are trading 2 to 4 cents higher so far on Tuesday morning. They faced some midday pressure, following Monday morning’s NOPA report, as futures close the session down 1 to 2 cents in the nearbys. CmdtyView’s national front month Cash Bean price was down 1 ½ cents at...
- Corn Turning Higher on Tuesday AM Trade
- Corn prices are showing 1 to 2 cent gains so far on Tuesday. Futures closed out the Monday session on a weaker note, as contracts were down 1 to 2 ½ cents in the nearbys. The front month national Cash Corn price from cmdtyView was down 2 ¼ cents to...
