Commentary
Hogs Posting Slight Monday Gains
Lean hog futures are trading with gains of a tick to 40 cents at midday. USDA’s national base hog price was reported at $86.04 on Monday morning, down $6.05 from the day prior. The CME Lean Hog Index was another 16 cents higher on March 12 at $91.60. Managed money...
Wheat Falling Lower on Monday
The wheat complex is trading with losses on Monday. Chicago SRW futures are trading with 11 to 12 cents so far at midday. KC HRW futures are trading with 8 to 9 cent losses on Monday. MPLS spring wheat is down 7 to 9 cents so far. Crude oil is...
Corn Facing Double Digit Losses on Monday
Corn futures are trading with 11 to 12 ¼ cent losses in the nearbys on Monday’s midday. Pressure is coming from beans and crude oil slipping $3.19. The CmdtyView national average Cash Corn price is down 12 cents to $4.11 1/2. Monday morning’s Export Inspections report showed 1.658 MMT (65.3...
Soybeans Collapsing at Midday on China Uncertainty
Soybeans are collapsing on Monday, with midday losses of 50 to 61 cents in the front months as doubt is growing on additions Chinese purchases. The cmdtyView national average Cash Bean price is down 60 ¾ cents at $1.90 3/4. Soymeal futures are down $8.60 to $9.20 at midday, with...
Cotton Rallying on Monday
Cotton futures are trading with 158 to 255 gains so far on Monday. Crude oil is down $3.19 to $95.51, with the US dollar index down $0.362 to $100.00. US Treasury Secretary Bessent and Chinese counterparts met this weekend in Paris to prep for the meeting between President Trump and...
Cattle Rallying Out of the Weekend
Live cattle futures are trading with $2.90 to $3.35 gains at midday. Cash trade settled in at $234-236 live last week, with some $372 dressed. Feeder cattle futures are rallying $6.10 to $7.20 so far on Monday. The CME Feeder Cattle Index was down another $2.62 to $358.35 on March...


  


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