Market Snapshot
Quotes are delayed, as of May 28, 2025, 04:47:49 PM CDT or prior.
Ag Commentary
- Hogs Extending Gains at Midday
- Lean hog futures are up 45 to 85 cents across the nearbys on Wednesday. USDA’s national average base hog negotiated price was reported at $96.41 on Wednesday morning. The CME Lean Hog Index was up another 11 cents on May 26, at $93.05. USDA’s FOB plant pork cutout value from...
- Winter Wheats Mixed, with Spring Wheat Rallying
- The wheat complex is showing mostly mixed action at midday, with spring wheat holding higher. Chicago SRW futures are posting fractionally mixed trade at midday. Kansas City HRW contracts are showing steady trade at midday, with some fractional gains. Minneapolis spring wheat futures are posting 6 to 8 ¼ cent...
- Cattle Continuing Weakness on Wednesday
- Live cattle futures are slipping lower on Wednesday with losses of 90 cents to $1.05. Cash trade this week has been slow. The Wednesday morning Fed Cattle Exchange online auction showed no sales on 1,546 head offered, with bids ranging from $215-220. Feeder cattle futures are back to weaker trade,...
- Corn Showing Nearby Selling at Midday
- Corn futures are renewing some bear spreading at midday on Wednesday, with contracts down 2 to 4 cents in the nearbys and 8 ½ cents for July. The front month CmdtyView national average Cash Corn price is down 8 1/2 cent at $4.25 3/4. After the close, the weekly Crop...
- Soybeans Falling, with Weaker Products Adding Pressure
- Soybeans are trading with contracts falling 12 to 14 cents at midday. The cmdtyView Cash Bean price is down 13 1/4 cents to $10.02 3/4. Soymeal futures are down $2.20/ton on the day, with Soy Oil futures 54 points lower. Crop Progress data from Tuesday afternoon showed 76% of the...
- Cotton Backing off Early Losses on Wednesday
- Cotton futures are pulling off the lows, but still trading with contracts down 13 to 17 points in the nearbys, as thinly traded October 66 points lower. Crude oil prices are back up $1.29 on the day, with the US dollar index $0.365 higher to $99.350. Weekly NASS Crop Progress...
