Elkhorn, Nebraska (68022)

Cattle Higher on Gains in Beef - January 20, 2021

At the closing bell front month cattle futures were $0.45 to $1.15 higher. Back month cattle prices were 15 to 22 cents weaker. Feeder cattle ended yesterday $0.97 to $1.72 higher. Jan feeders ended 17 cents in the red. The CME Feeder Cattle Index was $1.04 lighter at $134.45 on...

Cotton Fades Tuesday Gains - January 20, 2021

Cotton prices are 14 to 34 points lower in the opening Wednesday rounds. The dollar weakened overnight, but has firmed to plus territory this morning. At the closing bell on Tuesday, cotton futures were 45 to 67 points in the black. Prices were up triple digits at the day’s highs....

Corn Down Double Digits Overnight - January 20, 2021

Overnight corn futures action has prices 5 to 12 cents lower, closing the chart gap left behind following the limit up move on the 12th. Yesterday, corn was 4 1/4 to 7 3/4 cents in the red at the close. Long liquidation was noted, with preliminary open interest dropping 8,474...

Hogs Weak to Begin Week, Converging With Index - January 20, 2021

Tuesday’s closes left the board $0.82 to $1.57 weaker. For Feb the $1.45 drop was still an inside day following the $1.62 gain on Friday. The CME Lean Hog Index was back up by 3 cents on 1/15 to 65.56. At the close, front month pork cutout futures were 60...

Wheat Futures 9 to 14 Cents Lower - January 20, 2021

Wheat futures starts the Wednesday session of the short week with 9 to 14 cent losses. Weakness in corn is the primary influence. The wheat complex closed the Tuesday session mostly higher. Nearby SRW wheat prices closed down by 3 to 3 1/4 cents. The deferred contracts were up 1/2...

Soybeans Extend Double Digit Losses Overnight - January 20, 2021

Soybean futures are 14 to 32 cents lower this morning. That comes after +30 cent drops to start the week on Tuesday. Preliminary OI data suggests long liquidation pressured the market, dropping 6,737 contracts during the session.  Front month soymeal futures ended the session $10.80 to $12.70 in the red....