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National Newswire
Commentary
- Cotton Sticking Near Steady Early on Wednesday
- Cotton price action is steady on Wednesday morning, withing 2 points of unch. futures saw weakness of 45 to 80 points on Wednesday across most front months. Crude oil prices are trading with losses of $0.78/barrel. The US dollar index is back down $0.074 to $100.873. The Monday online auction...
- Wheat Posting Gains on Thursday AM Trade
- Wheat is extending the recent bounce early on Thursday morning. The wheat market saw some strength on Wednesday, with the winter wheat exchanges posting gains. Chicago SRW futures were up 7 to 8 cents at the close. There were another 28 deliveries for May CBT wheat on Wednesday as the...
- Corn Trading Mixed Early on Thursday
- The corn market is starting off Thursday mixed, with contracts down factionally to up 2 cents to start the day. Corn futures closed out the Wednesday session with contracts 2 to 3 cents higher in the nearbys, as new crop December was down just ½ cent. Preliminary open interest was...
- Hogs Fall on Wednesday
- Lean hog futures posted losses of 65 to 75 cents in the front months on Wednesday as May rolled off the board. Wednesday’s preliminary open interest was up 3,928 contracts. USDA’s national average base hog negotiated price was reported at $93.61 on Wednesday afternoon, down 66 cents from the day...
- Cattle Reverse Gains on Wednesday
- Live cattle futures saw some profit taking on Wednesday, with losses of $1.9 to $2.37 after early strength. Preliminary open interest rose 8,240 contracts on Wednesday Cash trade has yet to see much action this week, with light business of $229 in the North. The Wednesday Fed Cattle Exchange Online...
- Soybeans Pulled Lower by Bean Oil Limit Losses
- Soybeans are trading with 12 to 14 cent losses early on Thursday, with coming from 3 cent limit losses for bean oil. The soybean market again held onto some gains heading into the Wednesday close, as contracts were up 1 to 5 ¼ cents in most contracts. Preliminary open interest...
Market Snapshot
Quotes are delayed, as of May 15, 2025, 10:27:22 AM CDT or prior.
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