Market Snapshot
Quotes are delayed, as of September 18, 2024, 05:21:23 PM CDT or prior.
Ag Commentary
- Cattle Reverting Lower on Wednesday
- Live cattle futures are trading with slight nickel to 45 cent lower action. Cash trade has yet to kick off this week. This morning’s Central Stockyards online Fed Cattle Exchange auction showed no sales on the 1,354 head listed, with bids of $178 to $179 and asks of $183-184. Feeder...
- Hogs Mixed at Midday
- Lean hog futures are showing mixed action at midday, with nearby contracts down a tick to 15 cents higher. The national average base hog price was not reported on Wednesday morning due to light volume, with the 5-day rolling average at $76.55. The CME Lean Hog Index was $84.22 on...
- Cotton Falling Back on Wednesday
- Cotton futures are showing 118 to 140 point lower trade on Wednesday, as futures continue to fade off the Monday limit gains. The dollar index is back down 22 points so far, with crude oil futures 77 cents/barrel lower. The Seam reported 1,096 online cash cotton bale sales on September...
- Corn Slipping Lower at Midday
- Corn futures are fading off the early Wednesday session strength at midday, with contracts down fractionally to a penny. The front month national Cash Corn price from cmdtyView us down a penny at $3.76 ¼ per bu. Weekly EIA data showed 1.049 million barrels per day of ethanol production during...
- Wheat Creeping Lower on Wednesday
- The wheat complex is showing lower trade as we head through the midday session, backing off from the early morning strength. Chicago SRW futures are down 1 to 2 cents at midday. KC HRW is showing 2 to 3 cent lower trade. MPLS spring wheat is 2 to 4 cents...
- Soybeans Falling Off Early Session Highs
- Soybeans were posting double digit gains to start the day session, but are fading back to just 1 to 2 cent higher trade at midday. CmdtyView’s national front month Cash Bean price is up 1 ¾ cents at $9.46 ¾. Front month Soymeal futures are down $2.10/ton. Soy Oil futures...
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