Lean hog futures were up 22 to 62 cents across the nearby contracts on Friday, as August was still down $1.35 this week. USDA’s national base hog price was back down $2.76 from the previous day, at $108.91 on Friday afternoon. The CME Lean Hog Index was down 14 cents...
Live cattle futures posted gains across most contracts, with 50 cent to $2.35 gains in the nearbys, with August carrying the load. First Notice day is on Monday. August was up $3.65 this week. Cash trade has picked up this week to $235-236 in the South, up $3 to $5...
Cotton futures closed the Friday session with contracts down 89 to 119 points across the nearbys. December was down 187 points on the week. The US dollar index was back down $1.318 to $98.425, as crude oil futures were $2.09/barrel lower. CFTC data showed spec funds in cotton futures and...
Soybean futures fell weaker into the Friday close, as the three nearby contracts were unchanged at the final bell. August fell 37 cents this week, with November 31 ¾ cents lower. The cmdtyView national average Cash Bean price was down 3 ½ cents at $9.31 ½. Soymeal futures saw Friday...
The wheat complex faded lower into the weekend, with all three markets in the red. CBT futures were 5 to 7 cents in the red at the close, with September falling back 21 ½ cents. Kansas City HRW contracts were 6 to 7 ½ cents lower on Friday, as September...
Corn futures closed out the Friday session with contracts down 2 to 4 ¼ cents, as September was a dime lower on the week and December down 8 ¼ cents. The CmdtyView national average Cash Corn price was down 3 1/2 cents at $3.73 1/2. A couple more private export...
A new satellite has been launched that will provide farmers with the largest and most accurate field data ever tracked. Michigan State University Kellogg Biological Center Associate Director Brook Wilke tells Brownfield, “They’ve started to use KBS as a place to ground truth those satellites, mostly the main crops, corn,...
At the Chicago Mercantile Exchange, live and feeder cattle were higher, supported by strong cash business. October live was up $.52 at $223.67 and December was $.50 higher at $224.42. September feeders were $2.37 higher at $333.92 and October was up $1.67 at $331.85. There was a light to moderate...
An agricultural economist with Advance Trading says the soybean market is watching for signs of a new trade deal with China. Brian Basting tells Brownfield the potentially large 2025 crop needs a home. “We have concerns that our September, October, and November soybean shipments could come under some pressure if...
Soybeans were steady to modestly higher Friday, while ending the week with losses. Crop weather continues to look favorable as beans head further into key development phases. While there are some areas of concern, the trade is expecting substantial domestic production in 2025, with the next USDA guess out August...
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -1.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.96%. September E-mini S&P futures (ESU25 ) fell -1.67%, and September E-mini Nasdaq futures (NQU25...
Sep. corn closed at $3.89 and 1/2, down 4 and 1/2 centsSep. soybeans closed at $9.69 and 1/2, unchangedSep. soybean meal closed at $270.90, up $5.00Sep. soybean oil closed at 54.48, down 79 pointsSep. wheat closed at $5.16 and 3/4, down 6 and 1/2 centsOct. live cattle closed at $223.67,...