Commentary
Soybeans Bulls Show Some Strength on Thursday
Beans settled the Thursday session with losses of 3 ½ to 10 cents across the board, as sales continue to improve and a cut to the Canadian canola crop are giving the bulls a spike. CmdtyView’s national front month Cash Bean price is back up 10 cents at $9.45 3/4....
Corn Gets a Thursday Pop With Sales Exceeding Expectations
The corn market closed out the Thursday session with 3 ¾ to 5 cent gains, as Export Sales data was better than expected. The national average Cash Corn price from cmdtyView was up 5 cents at $4.07 1/2. This morning’s Export Sales report showed 1.732 MMT in corn sales, a...
Wheat Rallies on Thursday
The wheat complex closed with gains across the three exchanges on Thursday. Chicago SRW futures were up 7 to 10 cents on the session. KC HRW contracts posted 8 ¼ to 10 ¼ cent gains on the day. MPLS spring wheat was up 6 to 9 cents to close the...
Hogs Close Mixed on Thursday
Lean hog futures closed out the Thursday session on a mixed note, with December down 7 cents and other contracts steady to 22 cents higher. The national average base hog negotiated price was not at $85.34 on Thursday afternoon, down $2.28 from the day prior. The CME Lean Hog Index...
Cotton Slip Lower on Thursday
Cotton futures posted losses of 8 to 21 points on Thursday. The outside markets were mixed, with the US dollar index down 565 points and crude oil back down 15 cents/barrel lower. This morning’s Export Sales report showed 170,663 RB sold for 2024/25 shipment in the week of 11/28, a...
Cattle Extend Losses on Thursday
Live cattle futures closed Thursday with losses of $1.12 to $2. Thursday morning’s Fed Cattle Exchange online auction from Central Stockyards showed no sales on the 1,174 head listed. Bids ranged from $186-190 live. Outside of that, bids have been reported at $190, with a few sales there as well....


  


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