Hogs Fall Lower on Monday

Lean hog futures were 42 cents to $1.70 in the red at the Monday close. The USDA national average base hog negotiated price was reported at $90.29 on Monday afternoon, $1.89 above the day prior. The CME Lean Hog Index f…

Read more →

Soybeans Hold onto Monday Gains at the Close

Soybeans closed with Monday gains of 4 to 5 ½ vents. The cmdtyView national average Cash Bean price was up a nickel at $11.50 3/4. Soymeal futures were down $3.20 to $6.30, with Soy Oil futures 148 to 236 points higher.

Read more →

Dollar Rises with Crude Prices and Bond Yields

The dollar index (DXY00) rose by +0.29% on Monday. The dollar found support Monday on some safe-haven demand from escalating hostilities in the Middle East after the US and Iran traded attacks over the weekend. Also, Mo…

Read more →

Wheat Slips Lower on Monday

The wheat complex was lower across the three exchanges. Chicago SRW contracts were fractionally to 5 cents lower on the day. KC HRW futures were down 4 ¼ to 10 cents at the close. MPLS spring wheat was steady to 4 ¾ cen…

Read more →

Cotton Closes Mixed on Monday

Cotton futures posted mixed action on Monday, with contracts down 3 to 8 points higher. Crude oil futures were back down 37 cents per barrel to $59.72 on Monday, with the US dollar index $0.251 higher to $99.450.

Read more →

Cattle Posts Mixed Monday Trade, as Beef Falls

Live cattle futures closed with contracts down 47 cents to 12 cents higher. Cash trade was at $247-248 across the country, a $7-8 drop from last week. Feeder cattle futures were 20 to 90 cents lower to close the session…

Read more →

Dollar Rises with Crude Prices and Bond Yields

The dollar index (DXY00) rose by +0.29% on Monday. The dollar found support Monday on some safe-haven demand from escalating hostilities in the Middle East after the US and Iran traded attacks over the weekend. Also, Mo…

Read more →

Wind at Their Sales

In every field, there’s a big gap between those who are decent and those who are truly elite (think of the athletes in your favorite sport, for example). The same holds true when it comes to publicly listed companies. C…

Read more →

Cotton Fading Back Lower on Monday

Cotton futures are fading lower, with contracts down 20 to 25 points, as thin October is up 16 points. Crude oil is back up $4.21 on the day following increased tensions with the US and Iran. The US dollar index is up $…

Read more →

Cotton Posting Early Monday Rally

Cotton prices are up 115 to 120 early on Monday. Futures closed with gains of 45 to 99 points on Friday, Futures shrugged off the production increase via the WASDE, as they accounted for the larger acreage from NASS las…

Read more →