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Market Snapshot
Quotes are delayed, as of June 30, 2022, 08:36:12 AM CDT or prior.
Local Weather
Sheridan, Indiana (46069)
Current Conditions
Sunny
Temperature
74°F
Dew Point
52°F
Pressure
30.19 in. Hg
Humidity
46%
Wind
4 mph
From
South
Forecast
-
Thursday
89°
63°
-
Friday
88°
64°
-
Saturday
83°
63°
-
Sunday
83°
61°
-
Monday
89°
67°
©2022 Freese-Notis Weather
Commentary
- Expanded Limits for Cotton Market
- Following the limited 4 cent bounce yesterday, the cotton market is currently down 107 to 125 points of the 500 expanded limit. For December yesterday left the board under Tuesday’s high, but still 728 points above the Tuesday low. July cotton closed 416 points higher to $1.04 28/100. There were...
- Beans Fading Thus Far for Thursday
- So far, soy futures are weaker after a 4 day bounce. Beans are UNCH to 5 3/4 cents lower so far. Soybeans gained double digits on Wednesday. Nov was up the most with a 1.08% gain of 15 3/4 cents. Open interest continues to shrink for beans, down 12,365 contracts...
- Hogs and Pigs Reaction Thursday
- Lean hog futures closed with $0.52 weaker in July and $0.25 lower in the August to gains of as much as $0.62 in the other nearby contracts. USDA’s National Average Afternoon Base Hog price for Wednesday was $121.18 after a $1.40 increase. The CME Lean Hog Index was $111.64 for...
- Wheat Mostly Lower into Report Day
- Wheat futures are mostly red this morning into the Thursday session. The July KC contract is holding onto gains. Front month SRW futures were 4 1/2 to 6 cents lower on the day, and MPLS futures fell 6 1/2 to 15 1/4 cents. KC wheat closed off the highs but...
- Beef Export Bookings to be Released
- Live cattle futures faded on Wednesday with losses of 50 to 62 cents. The June contract was the exception with a 50 cent boost to $136.80. The Wednesday FCE auction sold one pen of 265 head for $138 of the 1,628 head listed. USDA confirmed cash sales were from $145...
- Corn Red This Morning
- Corn prices are 4 1/4 to 7 cents lower so far for report day. Today is also FND for the July contract with the oldest long (but likely no deliveries) to be announced after the close. Yesterday, front month corn futures ended the day 5 1/2 to 6 1/4 cents...
