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Market Snapshot
Quotes are delayed, as of January 15, 2025, 04:38:51 PM CST or prior.
Local Weather
Commentary
- Corn Holding onto Gains at Midday
- The corn market is trading with Wednesday fractional midday gains in the new crop to 4 cents higher in the nearbys. The national average Cash Corn price from cmdtyView was down 2 ¼ cents at $4.40. Weekly EIA data showed ethanol production at a total of 1.095 million barrel per...
- Cattle Back to Higher Trade on Wednesday
- Live cattle futures are up 55 to 87 cents at Wednesday’s midday. Cash trade has started this week with very light action at $201 in KS reported today. The Wednesday Central Stockyards Fed Cattle Exchange online auction showed sales on one lot of the 858 head offered at $202.50 using...
- Hogs Mixed at Midday
- Lean hog futures are down 55 cents in the nearby Feb contract, with other front months up 40 to 55 cents. The national average base hog negotiated price was not reported on Wednesday morning due to packer submission issues. The CME Lean Hog Index was reported at $80.99 on January...
- Soybeans Mixed on Wednesday, as NOPA Reports Record Crush
- Soybeans are posting higher midday trade in the nearbys, with new crop November down 3 ½ cents. CmdtyView’s national front month Cash Bean price is up 2 cents at $9.90. Soymeal futures are $3.50/ton lower on the day. Soy Oil futures are 10 points higher so far on the session....
- Wheat Showing Mixed Trade at Wednesday’s Midday
- The wheat market is trading mixed so far on Wednesday. Chicago SRW futures are up 1 to 2 cents thus far on the session. KC HRW posting 1 to 2 cent losses at midday. MPLS spring wheat futures are steady to 2 cents higher at so far on the session....
- Cotton Pushing Higher on Wednesday
- Cotton futures are trading with Wednesday midday gains of 7 to 19 points. The outside factors are supportive, as the US dollar index is down 125 points, with crude oil $1.92/barrel higher. The Seam reported 5,283 bales of online sales on January 14 at an average price of 60.86 cents/lb....
