Commentary
- Cotton Weakness Holding on Tuesday
- Cotton futures are down 30 to 50 points across most front months on Tuesday. Crude oil futures are down 70 cents per barrel on the day at $62.19. The US dollar index is down $0.371 to $97.190. CFTC data showed a total of 3,856 contracts added to the spec net...
- Cattle Rallying on Tuesday
- Live cattle futures are in rally mode on Tuesday, with contracts up $2.20 to $3.52. Cash trade was slow to get kicked off this week, as things settled in at 245-246 in the North and up to $248-249 in the South. Feeder cattle futures are showing $4. To $4.50 gains...
- Corn Posting Tuesday Losses
- Corn futures are showing 4 to 6 cent losses across the front months on Tuesday’s midday. The CmdtyView national average Cash Corn price is down 4 1/2 cents at $3.94 3/4. USDA’s FGIS tallied corn export shipments at 1.492 MMT (58.75 mbu) during the week ending on February 12. That...
- Hogs Bouncing on Tuesday
- Lean hog futures are rallying back on Tuesday, with contracts up90 cent sto $1.75 at midday. USDA’s national base hog price was not reported on Tuesday morning. The CME Lean Hog Index was 13 cents higher on Feb 13 at $87.06. CFTC data as of last Tuesday pegged managed money...
- Wheat Losses Holding at Tuesday’s Midday
- The wheat complex is showing weakness on Tuesday across all three markets. Chicago SRW futures are facing losses of 6 to 7 cents, as March is down 12 cents. KC HRW futures are down 3 to 5 cents in the front months. MPLS spring wheat is 2 to 4 cents...
- Soybeans Popping Higher as NOPA Shows Better than Expected Crush
- Soybeans are trading with contracts up 2 to 3 ¼ cents at midday. The cmdtyView national average Cash Bean price is up 3 1/2 cents at $10.71 3/4. Soymeal futures are $1.60 to $2.20 lower, with Soy Oil futures 10 to 21 points lower. NOPA stocks are an issue. NOPA...


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