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Quotes are delayed, as of March 20, 2023, 07:57:09 AM CDT or prior.
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Commentary
- Cotton Futures Fade Overnight Strength
- Cotton futures are were stronger overnight, with May having gained as much as 166 points. Morning quotes are back in the red with 10 to 36 point losses to start the new week. Front month cotton futures dropped by triple digits across the front months on Friday, with May closing...
- Hog Market to Follow Sharp Loss Last Week
- With the exception of a 42 cent gain for the April contract, lean hogs extended the downside by $0.15 to $1.20 on Friday. April managed to limit the week’s loss to $7.57, but still got to within $2.58 of the contract low. USDA’s National Average Base Hog price was 37...
- Cattle Market Reacts to CoF Report
- The CoF report Friday afternoon was mostly as expected, with a hint of bullishness from the placements figure. The Friday cattle futures market closed mixed ahead of the COF report. April went into the weekend 77 cents off its low for the day, but still 2 cents in the red....
- Wheat Backing Off into New Week
- The three US wheat futures markets are down by double digits so far in early Monday trading. Wheat ended Friday with gains of more than 1%. Chicago futures settled up by 8 3/4 to 11 1/2 cents on Friday, with May rallying 31 1/4 cents for the week. KC HRW...
- Morning Soy Quotes in Red
- Soybean futures are another double digits lower so far this morning, with no help from the -$3/ton meal and -60 point/lb oil. Front month soybeans closed 9 3/4 to 15 cents lower on Friday. For May, that ended the week as a 30 1/4 cent loss as the board saw...
- Red Start for Grains into New Week
- Corn is starting the new week with 4 3/4 to 6 1/2 cent losses into the day session. Overnight, May contracts saw a 7 1/2 cent range - but almost entirely to the down-side. Corn futures settled 1 1/4 to 2 3/4 higher on Friday. For the week, that left...