Market Snapshot
Quotes are delayed, as of December 11, 2024, 06:46:41 PM CST or prior.
Ag Commentary
- Corn Reverses to Close with Mixed Action
- Corn futures slipped up into the close running into some technical resistance, with nearbys down ¾ to 2 ½ cents and other contracts up ¼ to 2 ¾ cents. The national average Cash Corn price from cmdtyView was down a penny at $4.20. Weekly EIA data showed ethanol production totaling...
- Soybeans Hold onto Gains at Wednesday’s Close
- Soybeans settled the Wednesday session with contracts ¾ to 5 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1/2 cent at $9.46 1/2. Soymeal futures were down 90 cents to 40 cents/ton higher on the day. Soy Oil futures ended down 21 to 30 points on...
- Cotton Rebounds on Wednesday
- Cotton futures closed out the Wednesday session with contracts 18 to 67 points higher. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.77/barrel higher. USDA raised their 24/25 US cotton carryout by 100,000 bales to 4.4 million bales on Tuesday thanks...
- Cattle Rally as Cash Strength Continues
- Live cattle futures continued the rally on Wednesday with gains of $1.125 to $2.40. Early cash action has seen $191 trade reported in KS this week, some $193 sales in NE reported on Wednesday. Wednesday morning’s Central Stockyards Fed Cattle Exchange online auction showed $192-193 sales on 2 lots using...
- Wheat Closes Higher at Midweek
- The wheat complex closed the Wednesday session with contracts mostly higher across the three markets. Chicago SRW futures were 1 1/2 to 2 1/2 cents higher across the board. KC HRW contracts were up 1 ½ to cents on the day. MPLS spring wheat was steady to 3 1/4 cents...
- Hogs Slide on Wednesday
- Lean hog futures extended the weakness on Wednesday, with contracts down 7 to 70 cents and December up 57 cents ahead of Friday’s expiration. The national average base hog negotiated price was reported at $81.39 on Wednesday afternoon, which was down 72 cents from the day prior. The CME Lean...
