Market Snapshot
Quotes are delayed, as of September 21, 2023, 05:34:28 PM CDT or prior.
Burlington Area Weather
Commentary
- Cattle Closed in the Red
- Front month fat cattle futures fell in tandem with the other ag futures, ending the session $1.77 to $2.02 in the red. The feeder cattle market settled lower by $0.80 to $2.87. USDA reported cash trade from $183 - $187 with most sales near $185 in the North. TX sales...
- Corn Closed Red on Thursday
- Front month corn prices ended the Thursday session with 6 ¼ to 7 ¼ cent losses. The December contract ended just 1 ¼ cents off the low for the day after an 8 ¼ cent range. Most of the ag markets dropped on the day, as did the equities, following...
- Wheat Closed 2% in the Red
- Wheats fell on a broad sell off session across the ag markets. Chicago futures fell 1.6% to 2.2% across the front months, including a 13 cent loss in Dec. KC wheat futures ended the session down 14 to 18 ½ cents on a 2.5% loss in the December contract. Front...
- Red Close for Thursday Cotton
- The nearby cotton futures market ended with 15 to 39 point losses on Thursday. Most of the ag markets were weaker on the day following the FOMC meeting. USDA’s Export Sales data had 105,767 RBs of cotton sold during the week that ended 9/14. That was 3x higher than the...
- Hogs Drop Sharply on Thursday
- December futures ended the session with a limit loss of $3.75, as the other front months were $1.52 to $3.15 in the red. USDA’s National Average Base Hog price for Thursday was 71 cents lower to $78.09. The CME Lean Hog Index for 9/19 was 9 cents higher to $86.67....
