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Ag Market Commentary
Wheat Mostly Lower on Profit Taking
Wheat futures closed the Wednesday session with most winter wheat contracts 2 to 6 cents lower. Traders were taking profits after gains over the past week. MPLS was steady to 3/4 cents higher in the front months, with deferred contracts lower. Ahead ...
Ag Market Commentary
Corn futures ended the Wednesday session firm to 2 3/4 cents higher, higher for the 8th day in a row for most front months. The weekly EIA report this morning showed ethanol plants producing 1.071 million barrels per day during the week of May 17. Th...
Cotton Lower on Wednesday
Cotton futures were down 45 to 72 points in most contracts on Wednesday. USDA will release their weekly update to the Export Sales report on Thursday, with most eyes on Chinese actions in the reporting week that ended on May 16. The Cotlook A index f...
Soybeans Post Gains on Wednesday
Soybean futures rebounded from Tuesday’s losses, with the nearby contracts closing 6 to 7 cents higher. July soy meal was up $3/ton, with soybean oil 17 points in the green. USDA reported a private export sale of 131,000 MT of soybeans to unkno...
Hogs Lower at Wednesday’s Close
Lean Hog settled Wednesday with 12.5 to 45 cents losses. The CME Lean Hog Index was down 22 cents from the previous day @ $84.37 on May 20. The USDA pork carcass cutout value was down $2.24 at $84.83 on Wednesday afternoon. The rib primal was down $1...
Corn Closes Higher for the 8th Straight Session
Corn futures ended the Wednesday session firm to 2 3/4 cents higher, higher for the 8th day in a row for most front months. The weekly EIA report this morning showed ethanol plants producing 1.071 million barrels per day during the week of May 17. Th...

Market Snapshot
Quotes retrieved on May 22, 2019, 08:19:32 PM CDT

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