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Local Weather
Morris, Illinois (60450)

Current Conditions Scattered Clouds
Temperature 61°F
Dew Point 56°F
Pressure 30.05 in. Hg
Humidity 84%
Wind 0 mph
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Forecast


Custom Quotes
Quotes are delayed, as of June 15, 2021, 12:33:43 AM CDT or prior.

Commentary
Wheat Prices Close Weaker
Wheat prices ended the first trade day of the week with losses. CBT wheat futures closed the session 6 1/4 to 7 1/2 cents weaker. HRW wheat futures closed 9 1/2 to 10 cents weaker. Spring wheat futures ended with 17 1/4 to 19 cent losses.  NASS reported the national...
Cattle Markets Closed Higher
Front month cattle futures closed a nickel in the black to $1.25 higher. June fats were up 67 cents but still a discount to the cash market. There were still no deliveries reported through June 11; CME’s settlement quote was $118.70 on Friday. USDA reported limited $124 trade in NE...
Soy Complex Weaker on Monday
Domestic soy futures closed the first trade day of the week with at least 2% drops. Beans were down 2.4% to 3% at the closing bell. Soymeal futures gave back 2.4% in the front months with $9.30/ton losses. Soybean oil futures closed the Monday session 1.5% to 2.9% weaker. The...
Corn Prices Weaken on Monday
Front month corn futures ended the Monday session with 25 1/4 to 31 1/4 cent losses. Old crop basis, according to cmdtyView data, was 7 cents over July at the close. Basis has weakened since being 15 3/4 cents over on May 24th. For new crop’s harvest delivery, the national...
Hog Market Ends Weaker
June hogs expired at $122.87. The other front months ended the session with triple digit losses of at least $1.75. USDA’s National Average Base Hog price was $116.89 on Monday afternoon, following a $2.37 pullback. USDA reported the WCB afternoon average price at $132.28, with the country’s high at $136. The...
Cotton Gives Back Triple Digits
Cotton futures ended the first trade day of the week with triple digit losses. July and October were the weakest on the day, closing 205 and 246 points in the red respectively. New crop futures were down 169 to 179 points.  A break from the rain allowed cotton planting to...

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