HARVEST HOURS
- Cotton Slips Lower on Wednesday
- Cotton futures closed Wednesday with contracts steady to 17 points lower at the close. Crude oil was up 38 cents per barrel on the session, with the US dollar index $0.705 higher. Crop Production data showed US cotton yield down 15 lbs/ac to 775, as production was trimmed by 267,000...
- Hogs Close Wednesday Mixed, as Cash Remains Week
- Lean hog futures posted mixed midweek trade, as contracts were up 35 cents to 50 cents lower. USDA’s national base hog price was reported at $37.52 on Wednesday afternoon down $2.32 from the day prior. The CME Lean Hog Index was down 29 cents on November 6 at $59.99. USDA’s...
- Cattle Close Wednesday Mostly Higher
- Live cattle futures were mostly higher, with contracts 12 to 50 cents higher and December down 22 cents. Cash trade has yet to develop this week. Wednesday’s Fed Cattle Exchange online auction showed no sales or bids on the 1,570 yead offered. Feeder cattle futures were up 15 cents to...
- Wheat Posts Midweek Gains
- The wheat complex posted strength across the three exchanges on Wednesday. Chicago SRW futures posted session gains of 6 ¾ to 10 ½ cents on Wednesday. KC HRW futures were 5 ¼ to 8 ½ cents higher across the board. MPLS spring wheat saw 3 to 7 ¼ cent gains...
- Soybeans Extend Gains to Wednesday
- Soybeans closed the Wednesday session with contracts 2 ½ to 4 ½ cents higher for the 2026/27 crop, with the 2027/28 contracts down 1 ¾ to 7 cents. The cmdtyView national average Cash Bean price was up 2 3/4 cents at $11.69 3/4. Soymeal futures were down $3.70 in the...
- Corn Eases Back Lower on Wednesday
- Corn futures closed the Wednesday session with contracts down 1 to 4 ½ cents across the board. The CmdtyView national average Cash Corn price was up 1/2 cents at $4.15. The weekly EIA report is delayed until Thursday due to the Veterans Day federal holiday. Most are looking for ethanol...
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