HARVEST HOURS
- Cattle Look to Monday Trade Following Weakness
- Live cattle futures pulled off the lows on Friday by $2 to $3, with contracts closing 42 to 97 cents lower. December was $6.90 lower last week. Open interest suggested long liquidation, down 1,834 contracts. Cash trade has been active at $218 in the South, with a few creeping in...
- Cotton Ticking Higher on Monday Morning
- Cotton prices are up 1 to 9 points so far on Monday. Futures closed Friday with contracts pushing higher, up 7 to 40 points on the session. December was up 128 points last week. Crude oil is down 57 cents per barrel on the session, with the US dollar index...
- Wheat Feeling Extending Weakness on Monday Morning
- Wheat is slipping lower on Monday morning trade with losses of 1 to 4 cents. The wheat complex fell lower on Friday. Chicago SRW contracts were down 1 to 8 cents on the session in most contracts, as December fell back 12 ¼ cents. Open interest was up 1,588 contracts...
- Hog Traders Looking to New Week
- Lean hog futures posted losses of 25 cents to $1.57 on Friday, as December fell $5.35 on the week. Open interest dropped another 5,738 contracts on Friday. USDA’s national base hog price was reported at $46.21 in the Friday afternoon report, up $4.42 from the day prior. The CME Lean...
- Corn Ticking Higher on Monday Morning
- Corn prices are trading with 1 to 2 cent gains on Monday morning. Futures closed the Friday session with contracts fractionally to 2 cents higher, as that eased the weekly loss in the December contract to 6 ¼ cents. Open interest was up 18,644 contracts on Friday, as 30,857 contracts...
- Soybeans Showing Mixed Monday AM Trade
- Soybeans are down 2 cents to up 1/2 early on Monday morning. Futures found strength on Friday, with front months up a penny to 8 cents and deferreds down 3 to 4 cents. January was down 40 ½ cents on the week. Open interest was up just 3,556 contracts on...
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