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- Hogs Look to Wednesday Trade After Falling on Tuesday
- Lean hog futures posted losses of 82 cents to $2.30, as nearby Dec was up a tick. Preliminary open interest showed some long liquidation, down 3,442 contracts. The national average base hog negotiated price was reported at $82.11 on Tuesday afternoon, which was down $1.09 from the day prior. The...
- Cotton Falls as Stocks Increase
- Cotton prices are slipping lower again on Wednesday morning, with losses of 32 to 36 points. Futures closed out the Tuesday session with losses as USDA raised stocks. Contracts were down 40 to 76 points across the board. The outside markets were mixed factors, with the US dollar index up...
- Corn Continuing Climb on Wednesday AM Trade
- Corn is showing 1 to 2 ½ cent gains so far on Wednesday morning, following up the pop on Tuesday thanks to a USDA stocks revision. Futures closed with contracts fractionally to 7 ½ cents higher on the day. Preliminary open interest saw net new buying, up 26,476 contracts. The...
- Wheat Extending Higher on Wednesday Morning
- Wheat is showing an extension of the Tuesday pop in early Wednesday trade. The wheat complex posted gains across the three markets on Tuesday following a USDA stocks reduction. Chicago SRW futures were 3 to 5 1/4 cents higher across most contracts with Dec up ¾ cent. There were another...
- Cattle Post Tuesday Strength
- Live cattle futures rallied 87 cents to $2.05 on the Tuesday session. Early cash action has seen $191 trade reported in KS this week, with trade still to develop in other parts of the country. Cash trade settled in last week around $191 in the South and $191-192 in the...
- Soybeans Correcting Back Lower to Start Wednesday
- Soybeans are trading with a slight pullback on Wednesday morning, down 3 to 4 cents. Futures held up on the Tuesday session as USDA made minimal changes to the US or world balance sheets. Contracts were up 3 ¾ to 5 ¼ cents at the close. CmdtyView’s national front month...