Commentary
Cattle Fall Lower on Thursday
Live cattle futures fell lower on Thursday, with contracts down $2.30 to $2.60. August, which expires on Friday, fell $6.20 to $237, despite cash trade holding up. There were 20 deliveries retendered on Thursday. Cash trade has been limited so far this week, with a few bids of $245 in...
Cotton Closes with Gains on Thursday
Cotton futures closed out the Thursday session with stronger trade, as contracts were up 62 to 64 points. The US dollar index was back down $0.347 on the day to $97.780, with crude oil futures $0.17 higher. USDA reported a total of 179,333 RB of cotton sold in the week...
Hogs Close Thursday with Gains
Lean hog futures were up 30 to 70 cents across the front months on Thursday. USDA’s national base hog price was reported at $108.19 on Thursday afternoon, down 61 cents from the day prior. The CME Lean Hog Index was down 23 cents on August 26 at $106.63. Export Sales...
Corn Closes Thursday with Gains as Export Business Remains Stout
Corn futures closed out the Thursday session with contracts up 3 to 4 ½ cents in the front months. First notice day for September is on Friday. The CmdtyView national average Cash Corn price was up 1 3/4 cents at $3.66 1/4. The market will be closed on Monday due...
Soybeans Close with Firmer Action
Soybeans were steady to a penny higher across the front month on Thursday, shrugging off the midday weakness. The cmdtyView national average Cash Bean price was down 1/4 cent at $9.73 1/4. Soymeal futures were down 20 cent to$1.40 on Thursday, with September falling $6.80 as we enter first notice...
Wheat Comes Back on Thursday to Close with Slight Gains
Traders were busy squaring up ahead of the month end on Friday, as the three wheat exchanges were mostly higher. CBT soft red wheat futures were up 4 to 8 cents across the front months. KC HRW futures were 1 to 3 cents higher on the day. MPLS spring wheat...



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