Commentary
- Corn Rallying at Midday
- Corn futures are trading with 7 to 9 cent gains at midday, with spillover support from wheat. The CmdtyView national average Cash Corn price is up 8 1/2 cents at $4.30 3/4. EIA’s weekly Petroleum Status Report showed ethanol production back up 54,000 bpd in the week of 7/17 after...
- Soybeans Posting Midweek Gains
- Soybeans are posting strength on Tuesday, with contracts 12 to 13 cents higher in the front months. The cmdtyView national average Cash Bean price is up 13 ¼ cents at $11.84. Soymeal futures are $5.50 to $6.20 higher, with Soy Oil futures rallying 100 to 110 points. Weekly Export Sales...
- Cattle Resuming Selling on Wednesday
- Live cattle futures are falling lower on Wednesday, with contracts down $2.40 to $3.10 lower at midday. Cash trade has yet to get kicked of this week as last week settled in at $238-240 in the north, with Southern trade at $237-238. Wednesday’s Fed Cattle Exchange online auction showed no...
- Cotton Posting Midday Wednesday Gains
- Cotton futures are trading with gains of 44 to 100 points so far on the Wednesday session. Crude oil is up another $2.06 per barrel, with the US dollar index down 0.036. The Cotlook A Index was up 35 points on 7/20 at 88.00 cents. ICE certified cotton stocks were...
- Hogs Extending Climb to Wednesday’s Midday
- Lean hog futures are posting modest Wednesday gains of 2 to 70 cents. USDA’s national base hog price was reported at $101.04 Wednesday morning, up $2.91 from the day prior. The CME Lean Hog Index was 48 cents higher on July 20 at $96.64. USDA’s pork carcass cutout value was...
- Wheat Rallying on Wednesday Following Black Sea Export Limitations
- The wheat complex is posting a sharp rally on Wednesday with support from the Black Sea conflict. Chicago SRW contracts are 25 to 27 cents higher is most contracts on Wednesday. KC HRW futures are leading the rally on Wednesday, up 29 to 31 cents. MPLS spring is posting 20...


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