Market Snapshot
Quotes are delayed, as of December 06, 2024, 02:32:10 PM CST or prior.
Ag Commentary
- Cotton Slipping Lower on Friday
- Cotton futures are heading 87 to 99 points lower so far on Friday, amid some outside market pressure. December cotton futures expire today. The outside markets are pressure factors, with the US dollar index up 374 points and crude oil back down 81 cents/barrel lower. Export Sales data showed 2024/25...
- Corn Putting on a Friday Rally
- The corn market is posting a midday Friday rally, with contracts up 3 to 4 cents as March is trying to creep back above $4.40. The national average Cash Corn price from cmdtyView is up 4 3/4 cents at $4.12. Export Sales data has accumulated corn shipments at 11.384 MMT,...
- Soybeans Reversing Morning Losses at Midday
- Soybeans are shaking off the early session weakness at midday, with contracts mixed at midday and nearbys up fractionally. CmdtyView’s national front month Cash Bean price is back up 1 cent at $9.46 3/4. Soymeal futures are $2.80/ton lower. There were 50 deliveries issued against Dec soy meal overnight. Soy...
- Wheat Mixed Around on Friday
- The wheat complex is posting mixed action across the three exchanges on Friday. Chicago SRW futures are showing fractional gains at midday. There were 7 deliveries issued against Dec CBT wheat overnight. KC HRW contracts are up 1 to 2 cents on the day. MPLS spring wheat is slipping down...
- Cattle Revert Back to Higher Friday Trade
- Live cattle futures are posting gains of 25 to 55 cent gains so far on Friday. This morning’s Fed Cattle Exchange online auction from Central Stockyards showed sales on three lots of the 1,174 head listed. Sales ranged from $191-191.50 live. Other sales today have been in the $191 range....
- Hogs Popping on Friday
- Lean hog futures are trading with 70 cent to $1.05 gains so far on Friday. The national average base hog negotiated price was not reported on Friday morning, with 5-day rolling average at $87.84. The CME Lean Hog Index was reported at $83.93 on December 4, down 14 cents the...
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