HARVEST HOURS
- Soybeans Fall on Monday with Brazil Currency Pressure
- Soybeans closed with contracts 7 ¼ to 16 cents lower across the board, following elections in Brazil over the weekend. The cmdtyView national average Cash Bean price was down 15 1/2 cents at $11.84 1/2. Soymeal futures were down $4.70 to $6.50, with Soy Oil futures 11 to 27 points...
- Cotton Falls Out of the Weekend
- Cotton futures posted sharp losses of 61 to 114 points across most contracts on Monday. Crude oil was down $2.02 per barrel on the session, with the US dollar index $0.212 higher. Crop Progress data tallied 89% of the US cotton crop with bolls opening as of 10/25, behind the...
- Cattle Rally Extends to Monday Following Cattle on Feed Reaction
- Live cattle futures saw buying out of the Cattle on Feed report from Friday to close with contracts 7 cents to $1.30 higher. Cash trade was quiet on Monday as feedlots were compiling showlists. Last week awas $228 in the North, with a few southern sales at $230. Feeder cattle...
- Wheat Pressure Continues to Monday’s Close
- The wheat complex was lower across the three markets on Monday. Chicago SRW contracts are posting losses of 7 to 8 ½ cents on the day. KC HRW futures were 5 ½ to 10 1/2 cents lower at the close. MPLS spring wheat was contracts 4 to 7 ½ cents...
- Corn Holds Lower on Monday, with Spillover Pressure
- Corn futures held on to the weakness into the close on Monday, though nearby contracts were 4 to 5 cents off their lows to close with fractional to 1 ¾ cent losses. Sharp weakness in the beans provided pressure. The CmdtyView national average Cash Corn price was down ½ cent...
- Hog Losses Extend to Monday as Cash Falls
- Lean hog futures posted losses of 40 to 90 cents on Monday. USDA’s national base hog price was reported at $59.46 in the Monday afternoon report, down $7.94 from the day prior. The CME Lean Hog Index was down another 99 cents on October 21 at $71.16. USDA’s pork carcass...
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