Commentary
- Hogs Pull Back on Thursday
- Lean hog futures ended the Thursday session with contracts down a dime to $1.05. USDA’s national base hog price was reported at $111.22 on Thursday afternoon, slipping $2.55 from the day prior. The CME Lean Hog Index was back up 4 cents at $109.60 on August 5. Export Sales data...
- Wheat Posts Thursday Strength
- The wheat complex saw some double digit gains on Thursday, as a majority of the three exchanges were higher. KC HRW posted a 9 to 10 cent gain across most nearby contracts at the final bell. CBT futures were 9 to 10 cents higher in the front months as well....
- Cotton Fades Lower on Thursday
- Cotton futures closed out the Thursday session with contracts down 29 to 74 points. The US dollar index was back down $0.058 to $97.925, as crude oil futures were down 8 cents. Weekly Export Sales data showed a total of net reductions of 17,172 RB in the week ending on...
- Corn Closes Thursday with Gains as Export Business Gives Bulls a Boost
- Corn futures held onto the Thursday gains into the close, after December held the $4 mark on Wednesday. Contracts closed with 4 to 6 cent gains. The CmdtyView national average Cash Corn price was up 4 3/4 cents at $3.67 1/4. USDA reported two separate private export sales of 106,680...
- Soybeans Post Gains on Thursday
- Soybeans rallied back on Thursday, with contracts up 9 to 10 ¼ cents at the close. The cmdtyView national average Cash Bean price was back up 8 1/2 cents at $9.35 1/4. Soymeal futures bounced back, with contracts up $3.30 to $4.00. Soy Oil futures were down 20 to 28...
- Cattle Rally Pushes to Thursday
- Live cattle futures posted $2.45 t $2.90 gains across most contracts on Thursday. There were no deliveries issued for August live cattle on Wednesday. Cash trade has yet to kick off this week outside of the $237 in Wednesday’s FCE. Feeder cattle futures continued to push higher on Thursday, as...
Premium Soybean Marketing Options
Soybean Producers: You can sell soybeans delivered directly into the AGP Processing Plants at Aberdeen, SD and Dawson, MN. Contact our Grain Merchandising Staff for details.