HARVEST HOURS
- Cotton Trading Mixed Early on Wednesday
- Cotton prices are mixed, with contracts down 9 to a few points higher so far on Wednesday morning. Futures closed with modest losses of 1 to 16 points across the board on Tuesday, despite a friendly USDA report. Crude oil was down $0.41 per barrel on the session, with the...
- Hogs Look to Wednesday Following Mixed Tuesday Trade
- Lean hog futures saw mixed Tuesday trade, as contracts were up 35 cents to down $1.02 in other nearbys. Open interest was down 3,802 contracts on Tuesday. USDA’s national base hog price was reported at $39.84 in the Tuesday afternoon report, down $4.88 from the day prior. The CME Lean...
- Wheat Extending Bounce to Wednesday Morning
- Wheat is trading with gains of 1 to 3 cents The wheat complex posted gains across the three exchanges on Tuesday, getting help from stronger corn and bean markets. Chicago SRW futures were up 3 ¾ to 4 ¾ cents across the board. Open interest rose 8,392 contracts on Tuesday,...
- Cattle Look to Midweek Trade Following Rally
- Live cattle futures were $2.22 to $3.62 higher at the close on Tuesday, extending the rally to from Monday. Open interest was down 152 contracts on Tuesday. Cash trade has yet to develop this week with showlists being compiled early. Feeder cattle futures posted gains of $2 to $4.45 across...
- Corn Fading Back on Wednesday Morning
- Corn prices are showing 1 to 2 cent losses so far on Wednesday morning. Futures closed the Tuesday session with contracts 3 ¼ to 9 ¾ cents higher across the board, led by the nearbys. Open interest suggested modest new buying, up 6,155 contracts, as 38,509 contracts were rolling out...
- Soybeans Slipping Back on Wednesday Morning Following Tuesday Rally
- Soybeans are trading with 3 to 5 cent losses early on Wednesday. Futures were in rally mode after a friendly USDA report for carryout, as contracts closed with gains of 14 to 42 ¼ cents across the board, and led by the front months. Open interest rose jist 893 contracts,...
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