Commentary
- Soybeans Close with Gains on Monday, as Ratings Slip
- Soybeans futures posted modest strength on Monday, with contracts up 1 ¼ to 5 ¾ cents across the board. The cmdtyView national average Cash Bean price was up 3 ½ cents at $11.36 1/4. Soymeal futures were down $1.80 to $4.40, with Soy Oil up 83 to 130 points. Weekly...
- Cattle See Mixed Monday Trade, as Live Cattle Strengthen
- Live cattle futures were higher on Monday, with contracts up 82 cents to $1.80 across most months. There were no deliveries issued on first notice day for August live cattle futures. Cash trade picked up last week at $235 live and $370 dressed (North) across the country. It has been...
- Hogs Rally on Monday
- Lean hog futures posted strength on Monday, with contracts 20 cents to $1.55 higher. USDA’s national base hog price was reported at $96.68 on Monday afternoon, down 99 cents from the day prior. The CME Lean Hog Index was down 36 cents on August 6 at $96.30. USDA’s pork carcass...
- Cotton Slip into Monday’s Close
- Cotton futures slipped lower into the Monday close, as contracts were down 46 to 55 points on the day. Crude oil is up $4.12 per barrel, with the US dollar index $0.272 higher. Weekly Crop Progress data showed 65% of the US cotton setting bolls as of Sunday, with 10%...
- Corn Holds within a Penny of Unchanged on Monday
- Corn futures closed out the Monday session with contracts down ¾ to a penny higher across the board. The CmdtyView national average Cash Corn price was down ½ cent at $4.08. USDA reported a private export sale of 105,000 MT of corn to unknown destinations this morning, all for 2026/27....
- Wheat Falls Back to Close Monday Mixed
- The wheat complex posted mixed trade on Monday, with winter wheats holding firm and spring wheat slipping lower. Chicago SRW contracts saw fractional to 4 cent gains on the day. KC HRW futures were mostly fractionally to 2 ¾ cents higher, with September down ½ cent. MPLS spring wheat was...
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