Commodity News
- Corn Closes Thursday Mixed
- The corn market ended the Thursday session with contracts down 3 to 4 cents in the nearbys and up a penny in December. The nearby CmdtyView national average Cash Corn price was unch at $4.42 3/4 Export Sales data showed 1.014 MMT in the week of April 24, a 3-week...
- Soybeans Post Gains on Thursday
- Soybeans closed out the Thursday session with contracts 4 to 7 cents across most months. CmdtyView’s national front month Cash Bean price was up 8 3/4 cents at $9.97 3/4. Soymeal futures were down $1.60 to $3.70/ton, with Soy Oil futures back up 60 to 80 points. USDA to showed...
- Hogs Close with Mixed Action
- Lean hog futures closed mixed on Thursday, with most nearby contracts up 30 to 50 cents and June down a dime. USDA’s national average base hog negotiated price was reported at $92.39 on Thursday morning, a 61 cent dop from the day prior. The CME Lean Hog Index was up...
- Cotton Closes Lower on Thursday
- Cotton futures closed the Thursday session with contracts 16 to 36 points lower. The outside markets were mixed factors, with crude oil futures up $0.77/barrel and the US dollar index $0.715 higher to $100.054. Export Sales data showed upland cotton bookings at 108,363 RB in the week of 4/24, back...
- Wheat Posts Mixed Action on Thursday
- The wheat complex was mixed on Thursday, with contracts on either side of unch across the three markets. Chicago SRW futures posted fractional to 2 ¼ cent gains. Kansas City HRW contracts were down 2 to 3 cents, as nearby May was up 1 ¾ cents. MPLS spring wheat closed...
- Cattle Post Gains on Record High Cash Trade
- Live cattle futures got a pop on Thursday thanks to cash strength, as contracts were up 27 cents to $1.25. Cash trade has been $218 in the South, with business up to $222-224 in the North. The Central Stockyards Fed Cattle Exchange online auction showed sales on 436 of the...
