HARVEST HOURS
- Cotton Firms into Thursday’s Close
- Cotton futures closed with Thursday gains of 12 to 17 points across most contracts. Crude oil was up $2.17 per barrel on the session, with the US dollar index $0.280 higher. Export Sales data will be pushed back to Friday due to the Wednesday Veterans Day federal holiday. The Seam...
- Hogs Post Mixed Thursday Trade
- Lean hog futures were mixed on Thursday, with contracts up 47 cents to 87 cents lower. USDA’s national base hog price was reported at $39.64 on Thursday afternoon, up $2.12 from the day prior. The CME Lean Hog Index was down 21 cents on November 6 at $59.78. USDA’s pork...
- Cattle Post Gains as Feeders Power Higher
- Live cattle futures were down 7 cents in the nearby December, with other contracts up 25 cents to $1.45. Cash trade saw some light dressed trade at $330 in the North. Some light bids of $215 have been reported in the South. The Thursday Fed Cattle Exchange online auction showed...
- Wheat Falls to New Lows on Thursday
- The wheat complex fell across the three markets into the Thursday close, falling double digits. Chicago SRW futures were down 10 ¾ to 15 ½ cents at the close, with December hitting a 9-month low. KC HRW futures were 13 ¼ to 17 ¼ cents lower on the session. MPLS...
- Soybeans Retreat on Thursday, Despite Export Business
- Soybeans closed Thursday trade with contracts 11 to 14 ½ cents lower, as November was the exception ahead of Friday’s expiration, down 2 cents. The cmdtyView national average Cash Bean price was down 8 1/2 cents at $11.60 1/4. Soymeal futures were down $2.20 to $4.30, with Soy Oil futures...
- Corn Fades Lower into Thursday’s Close to Settle Near the Lows
- Corn futures settled Thursday near the session lows, as contracts were down 4 ¼ to 7 ½ cents on the day, failing to catch many buyers. The CmdtyView national average Cash Corn price was down 6 cents at $4.09 1/4. EIA’s weekly update showed ethanol production at a total of...
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