Corn Pulls Back on Monday, Ignoring Export Business
Corn futures closed out the Monday session, giving back much of the Friday gains, as contracts were down 6 to 7 cents across the front months. The CmdtyView national average Cash Corn price was down 6 ½ cents at $3.79. Crop Progress data showed 85% of the US corn crop...
Wheat Settles Monday Mixed
The wheat market ended the Monday session on a mixed note. CBT soft red wheat futures were the strongest of the three markets, up 1 to 2 cents. KC HRW futures were fractionally lower to close out the session. MPLS spring wheat posted steady to 1 ¼ cent higher trade...
Cotton Firms Up into the Monday Close
Cotton futures were weaker for much of the Monday session, with contract closing steady to 23 points higher. The US dollar index was down $0.210 on the day to $97.345, with crude oil futures $0.59 higher. NASS reported the US cotton crop 50% with bolls opening as of Sunday, with...
Soybeans Close with Weakness on Monday
Soybeans closed out the Monday session with contracts down 3 to 4 cents across the front months. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $9.66. Soymeal futures were down $2.30 to $2.70, with Soy Oil futures posting 12 point front month gains. Weekly NASS...
Hogs Hold Gains into Monday’s Close
Lean hog futures closed the Monday session with 7 to 40 cent gains across most contracts. USDA’s national base hog report from Monday afternoon was $1.693 higher to $105.87. The CME Lean Hog Index was up 10 cents on September 11 at $106.14. USDA’s FOB plant pork cutout report from...
Cotton Firms Up into the Monday Close
Cotton futures were weaker for much of the Monday session, with contract closing steady to 23 points higher. The US dollar index was down $0.210 on the day to $97.345, with crude oil futures $0.59 higher. NASS reported the US cotton crop 50% with bolls opening as of Sunday, with...
Soybeans Close with Weakness on Monday
Soybeans closed out the Monday session with contracts down 3 to 4 cents across the front months. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $9.66. Soymeal futures were down $2.30 to $2.70, with Soy Oil futures posting 12 point front month gains. Weekly NASS...
Cattle Rally Back on Monday
Live cattle futures posted gains of $4.35 to $4.625 on Monday, to take back much of last week’s losses. Cash activity narrowed in at $240 last week across the country down $2 from the week prior. Much of this week’s early action has been compiling showlists. Feeder cattle futures were...
Wheat Settles Monday Mixed
The wheat market ended the Monday session on a mixed note. CBT soft red wheat futures were the strongest of the three markets, up 1 to 2 cents. KC HRW futures were fractionally lower to close out the session. MPLS spring wheat posted steady to 1 ¼ cent higher trade...
Cattle Rally Back on Monday
Live cattle futures posted gains of $4.35 to $4.625 on Monday, to take back much of last week’s losses. Cash activity narrowed in at $240 last week across the country down $2 from the week prior. Much of this week’s early action has been compiling showlists. Feeder cattle futures were...
Silage harvest winding down in Iowa amid fast-drying corn
Corn silage harvest is wrapping up in some parts of Iowa. Mark Peterson farms near Stanton in the southwest corner of the state. “Anecdotally I heard a guy that had, he was going to bag four more silage jobs and they all disappeared overnight because the crop has dried so...
Nebraska confirms first HPAI case in dairy herd
The Nebraska Department of Agriculture and the USDA Animal Plant Health Inspection Service have confirmed the state’s first case of highly pathogenic avian influenza in a dairy herd. NDA says the herd is located in central Nebraska and has been quarantined. The National Veterinary Services Laboratories confirmed that the strain...