Commentary
- Soybeans Close with Weaker Trade on Friday
- Soybeans settled with losses of 7 to 8 ½ cents across the board on the Friday session, as November slipped a total of 28 cents this week. CmdtyView’s national front month Cash Bean price was down 8 1/4 cents at $9.75 3/4. Soymeal was down 30 cents to $2.50/ton across...
- Hogs Slip Lower on Friday
- Lean hog futures posted mostly lower trade on Friday, with contracts down 5 to 32 cents. December managed to post a $2.77 gain on the week. The national average base hog price was reported at $74.89 on Friday afternoon, which was up 90 cents from the previous day. The CME...
- Cotton Posts Strength on Friday
- Cotton futures closed the Friday session with contracts up 22 to 54 points across the board. That helped December to close the week with a 55 point gain. Crude oil futures were up $0.83/barrel ahead of the weekend with the world waiting on Israel’s response to Iran’s ballistic missile attack...
- Corn Slides on Friday to Pare Back Weekly Gains
- Corn futures closed out the Friday session with contracts down 2 to 4 ¾ cents across the board. Additional pressure came via a weaker wheat market and a stronger US dollar index. December was still up 6 ¾ cents, helped by the early week action. The national average Cash Corn...
- Wheat Falls into Friday’s Close
- The wheat complex saw lower trade across all three exchanges on Friday, to close the week on a lower note. Chicago SRW futures were down 8 1/2 to 13 3/4 cents across the board, as December held onto a 9 ¾ cent weekly gain. KC HRW contracts were 11 to...
- Cattle Rally into the Weekend
- Live cattle futures posted positive trade on Friday, with contracts up anywhere from 20 cents to $1. Cash trade kicked off on Friday, with some action at $186 reported in the South, up $1 on the week. Northern action was $296 in the beef up $2 from the previous week....
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