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Market Snapshot
Quotes are delayed, as of October 10, 2024, 03:02:18 AM CDT or prior.
Local Weather
Commentary
- Cotton Posts Mixed Action on Wednesday
- Cotton futures closed the Wednesday session with contracts anywhere from down 6 to 7 points higher. The outside markets were adding some pressure, with the crude oil down another 21 cents/barrel and the US dollar index up 372 points. The trade is awaiting the weekly Export Sales report on Thursday...
- Hogs See Midweek Pullback
- Lean hog futures saw losses of 20 cents to $1.60 on Wednesday. The national average base hog price was reported at $75.16 on Wednesday afternoon, down $1.32 from the previous day. The CME Lean Hog Index was reported at $84.22 on October 7, down 4 cents from the day prior....
- Corn Trade Holds Steady on Wednesday
- Corn futures closed out the Wednesday session with most contracts within ½ cent of unchanged, as just nearby Dec was up ¼ cent. The national average Cash Corn price from cmdtyView was steady today at $3.88 1/4 per bu. USDA reported a private export sale of 126,000 MT of 24/25...
- Wheat Extends Gains into Wednesday’s Close
- The wheat complex posted Wednesday gains across the three markets at the close. Chicago SRW futures were up ½ to 4 ¼ cents on the day. KC HRW contracts saw 3 ½ to 5 cent gains on the session. MPLS spring wheat was up 1 to 3 ¼ cents. Thursday...
- Soybeans Pull Out Gains on Wednesday Despite Product Weakness
- Soybeans settled Wednesday with contracts up anywhere from 1 ¼ to 4 cents. CmdtyView’s national front month Cash Bean price was up 4 1/4 cents at $9.57 1/4. Soymeal was down a dime to $1.80/ton on the day. Soy Oil futures were steady to down 11 points on the day....
- Cattle Fall Back on Wednesday
- Live cattle futures closed out the Wednesday session with losses of 27 to 95 cents. This morning’s Central Stockyards Fed Cattle Exchange online auction showed no sales on the 2,636 head listed, with bids hitting $182-183. A few sales of $187 were reported in the WCB. Feeder cattle futures were...
