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Ag Market Commentary
Cotton Higher on Wednesday
Cotton futures are up 90 to 226 points in most contracts at midday. The dollar index is slightly weaker at midday, with crude oil showing gains. Analysts surveyed by Bloomberg show 2019 cotton acreage ideas at an average of 13.74 million acres (Reute...
Hogs Mixed at Midday
Lean Hog futures are trading 15 to 85 cents lower in the front months, with deferred contracts higher. The CME Lean Hog Index was down 34 cents from the previous day @ $78.31 on June 24. The USDA pork carcass cutout value was down 95 cents @ $74.63. ...
Wheat Holding Higher at Midday
Wheat futures are 1 to 6 cents higher in most contracts on Wednesday. Thursday’s Export Sales report is expected to show 200,000-500,000 MT in wheat export sales for the new 19/20 MY. Published trade estimates have 18/19 US wheat ending stocks esti...
Cattle Posting Sharp Gains at Midday
Live cattle futures are up $1 to $2.25 on Wednesday. Feeder cattle futures are posting limit gains in August, with most other contracts at least $4 higher after lagging the fats on Tuesday. The CME feeder cattle index was up a nickel @ $131.46 on Jun...
Soybeans Lower on Wednesday
Soybean futures are trading 5 to 6 cents lower in the front months at midday. Soybean meal are down $1.90/ton, with soy oil 10 points lower. USDA reported a private export sale of 145,000 MT of soybeans to Unknown for 18/19 delivery this morning. Ahe...
Corn Weaker at Midday
Corn futures are steady to 3 cents lower in most contracts on Wednesday. Weekly EIA data showed 1.072 million barrels per day of ethanol were produced in the week that ended on June 21. That was down just 9,000 bpd from the previous week and even wit...

Market Snapshot
Quotes retrieved on June 26, 2019, 05:23:15 PM CDT

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Elkhorn, Nebraska (68022)

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