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Market Snapshot
Quotes are delayed, as of December 04, 2024, 09:58:14 PM CST or prior.
Local Weather
Commentary
- Soybeans Fall into the Close
- Soybeans rounded out the midweek session with contracts closing 7 to 8 cents in the red. CmdtyView’s national front month Cash Bean price is back down 8 cents at $9.35 3/4. Soymeal futures were $1.50 to $2/ton higher. Soy Oil futures were down 72 to 77 points on the session....
- Corn Weakness Extends into the Close as Ethanol Production Backs Off
- Corn slid lower on Wednesday, as contracts closed with losses of 1 to 2 ½ cents in the nearby contracts on the day. The national average Cash Corn price from cmdtyView was down 2 cents at $4.03 1/2. The weekly EIA report showed ethanol production dropping off last week’s record...
- Hogs Fall Back on Wednesday
- Lean hog futures settled the Wednesday trade with 75 cent to $1.50 losses. The national average base hog negotiated price was reported at $87.62 on Wednesday afternoon, up 73 cents from the day prior. The CME Lean Hog Index was reported at $84.06 on December 2, down another 30 cents...
- Cattle Revert to Lower Trade on Wednesday
- Live cattle futures ended the midweek session with contracts down 10 to 75 cents. This morning’s Fed Cattle Exchange online auction from Central Stockyards showed sales on one lot of the 1,322 head listed at 191 using the BidTheGrid™ method. Bids ranged from $185-188 live. Outside of that, a few...
- Wheat Rounds Out Wednesday on a Mixed Note
- The wheat complex closed out the Wednesday session mixed across the three exchanges. Chicago SRW futures were fractionally to 1 ¼ cents higher in the front months. KC HRW contracts were up fractionally, with December 3 cents higher at the close. MPLS spring wheat posted fractional losses across most contracts...
- Cotton Fails to Hold Gains on Wednesday
- Cotton futures ended the Wednesday session with contracts down 2 to 5 points across the nearbys at the close. The outside markets ended as pressure factors, with the US dollar index coming back to close steady and crude oil back down $1.23/barrel lower after creeping back above $70 overnight. The...
