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Corn Closes in Black on Wednesday - December 02, 2020

Corn futures offset some early week selling with 2 to 4 1/4 cent gains on Wednesday. WTD prices are however still down double digits past in delivery Dec. EIA’s weekly ethanol production report showed a 16,000 bpd decrease in production from week to week as producers averaged 974k bpd on...

Hogs Down on Wednesday - December 02, 2020

After opening the session below Tuesday’s close, lean hog futures ended the midweek session 30 to 87 cents lower. The CME Lean Hog Index for Nov 30 was down another 14 cents at $66.67. USDA’s National Average Afternoon Base Hog price for Wednesday was $56.64, down by 12 cents. Pork...

Beans Close Midweek in Red - December 02, 2020

At the close on Wednesday, soybean futures were 8 1/4 to 9 1/2 cents weaker. Soybean meal futures weakened another $4.00 to $4.60 on Wednesday. BO futures closed down by 9 points in Jan and March, but up 7 in Dec. Open interest as of Tuesday was 1,921 contracts for...

Cotton Weaker on Wednesday - December 02, 2020

Front month cotton futures traded high enough to close the overnight gap on the daily charts, but still closed the session 45 to 60 points weaker. Online cotton sales on The Seam were 10,255 bales on Tuesday for a gross av price of 68.45 cents. USDA’s Daily Spot Quotations report...

Wheat Recovers some on Wednesday - December 02, 2020

At the close for the midweek session, wheat futures were double digits in the black. CBT wheat closed 9 to 11 1/4 cents higher, with Dec at $5.78/bu. KC futures were 13 1/2 to 14 ¾ cents stronger on the day. MPLS HRS wheat closed the session 5 1/4 to...

Cattle Higher at Close - December 02, 2020

At the end of trading on Wednesday the board showed 7 to 75 cent gains for front month fat cattle futures. Feeder cattle recovered from midday lows and ended the session 10 to 32 ecnts higher as well. March contracts are UNCH. The CME Feeder Cattle Index was $139.87 on...