HARVEST HOURS
Commentary
- Cattle Close Mixed on Tuesday
- Live cattle futures closed mixed on Tuesday, with front months steady to 22 cents lower and deferreds 7 to 22 cents higher. Cash trade saw some light $350 action in the North so far this week as reported by USDA. Feeder cattle futures were $1.20 to $1.75 higher at the...
- Cotton Fall the 4 Cent Limit on Tuesday
- Cotton futures fell the 4 cent limit in most 2026/27 crop contracts, as other contracts were down 182 to 275 points. Crude oil was down $3.66 per barrel on the session, with the US dollar index $0.214 higher. Weekly Crop Progress data showed 70% of the US cotton crop with...
- Hogs Rally Back on Tuesday
- Lean hog futures closed with most front months $1 to $1.30 higher on the session. USDA’s national base hog price was tallied at $78.74 in the Tuesday PM report at $78.74. The CME Lean Hog Index was down another 55 cents on September 24 at $81.21. USDA’s pork carcass cutout...
- Wheat Posts Mixed Trade on Tuesday
- The wheat complex posted mixed trade on Tuesday. Chicago SRW was up fractionally to 4 cents in the front months, with deferreds 1 ¼ to 6 ½ cents lower. KC HRW futures posted 1 ¼ to 3 3/4 cent gains at the close. MPLS spring wheat slipped 2 ½ to...
- Soybeans Rally on Turnaround Tuesday
- Soybeans saw strength on Tuesday, with contracts rebounding 4 3/4 to 9 ¾ cents higher. The cmdtyView national average Cash Bean price was up 11 1/4 cents at $12.44 3/4. Soymeal futures were down 50 cents to $1.60 in the nearbys and 10 to 70 cents higher in the deferreds,...
- Corn Slips Lower as Traders Square Up Ahead of USDA Report
- Corn futures posted modest losses on Tuesday, with contracts fractionally to 2 ¾ cents lower at the close. The CmdtyView national average Cash Corn price was down 1/2 cent at $4.79 1/2. The Monday NASS Crop Progress report showed 72% of the US corn crop listed as mature as of...
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