Commentary
- Hogs Close Mixed on Tuesday
- Lean hog futures rounded out the Tuesday session with contracts withing 17 cents of unchanged. The national average base hog negotiated price was reported at $86.89 on Tuesday afternoon, up $2.92 from the day prior. The CME Lean Hog Index was reported at $84.36 on November 29, down another 85...
- Soybeans Post Turnaround Tuesday Gains
- Soybeans backed off the early Tuesday highs, but contracts still managed to close with fractional to 6 ½ cent gains. CmdtyView’s national front month Cash Bean price was up 6 3/4 cents at $9.43 3/4. Soymeal futures closed the session steady to $2.60/ton higher. Soy Oil futures were up 36...
- Cotton Slips Back Lower into the Close
- Cotton futures faced back and forth trade on Tuesday, as contracts closed with 6 to 22 point losses. The outside markets were supportive factors, with the US dollar index down 98 points and crude oil up $1.87/barrel. The Seam reported 2,000 bales of online sales on December 2 at an...
- Corn Closes with Tuesday Losses
- The corn market ended the Tuesday session with losses after a stronger overnight session. Contracts were down fractionally to 1 ¼ cents on the day. The national average Cash Corn price from cmdtyView was up ¼ cent at $4.05 1/2. A report on Tuesday initially indicated there wouldn’t be a...
- Wheat Closes with Mostly Higher Trade
- The wheat complex ended the Tuesday session with contracts mostly higher. Chicago SRW futures were the exception, fractionally mixed across the board. KC HRW contracts were up 3/4 to 2 1/4 cents across the board. MPLS spring wheat was up 1 to 2 ½ cents, as Dec closed up 9...
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