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Agriculture News

National Newswire


Ag Commentary
Wheat Holding Losses Post USDA Report
The wheat complex closed Thursday, with contracts higher across the three exchanges. CBT soft red wheat futures are 4 to 5 cents in the red at midday. KC HRW futures are down 1 to 2 cents across the front months. There was a single delivery issued overnight against September KC...
Cattle Falling Lower at Midday on Friday
Live cattle futures are resuming some selling, with contracts $1.35 to $1.75 in the red. Cash activity so far this week has been $238-240 in the North, down $2-5 from last week, with Southern deals at $240. This morning’s Fed Cattle Exchange online auction showed $240 sales on 81 of...
Corn Holding Steady Following Another Acreage Hike
Corn futures are showing fractional gains so far on the Friday session, following another acreage increase to a now record number. There were 48 deliveries issued against September corn futures overnight. The CmdtyView national average Cash Corn price is up 1/2 cent at $3.76 1/2. USDA’s monthly Crop Production report...
Soybeans Rallying into Friday’s Midday Despite Higher Stocks Number
Soybeans are showing 9 to 10 cent gains so far on Friday, following a production and stocks increase by the USDA. There were 24 deliveries issued against September soybeans overnight. The cmdtyView national average Cash Bean price is up 9 cents at $9.66 1/4. Soymeal futures are up $1.30, with...
Cotton Showing Slight Midday Gains
Cotton futures are down 46 points in the thinly traded nearby October, with other contracts up 4 to 8 points at midday. The US dollar index is up $0.097 on the day to $97.625 with crude oil futures $0.38 lower. The monthly Cotton Ginnings report showed 338,200 RB of cotton...
Hogs Easing Lower into the Weekend
Lean hog futures are down 12 to $1.07 on Friday after a stronger week of trade. USDA’s national base hog report from Friday morning saw trade averaging $103.96, down $3.68 from the day prior. The CME Lean Hog Index was back up 11 cents on September 10 at $106.04. USDA’s...