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- Cotton Sees Slight Wednesday Losses
- Cotton futures closed out Wednesday with losses limited to just 23 to 9 points in the nearbys. The outside markets are supportive factors, as the US dollar index is back down $0.037 on the day to $98.085, with crude oil futures $0.61 higher. The Seam reported a total of 1,709...
- Soybeans Slip Lower on Wednesday
- Soybeans posted losses of 1 to 2 ½ cents across most front months on Wednesday. The cmdtyView national average Cash Bean price was down 3 ¾ cents at $9.73 1/2. Soymeal futures were $3.40 to $6.20 lower on Wednesday, with Soy Oil futures down 11 to 33 points. USDA’s Export...
- Wheat Falls Further into the Close, as Spring Wheat Collapses
- The wheat market continues to be under pressure, with contracts falling across all three markets. CBT soft red wheat futures were 7 to 8 cents lower at the close. KC HRW futures closed with Wednesday losses of 4 to 7 ½ cents. MPLS spring wheat collapsed late in the day,...
- Cattle Pull Off Highs into Wednesday’s Close
- Live cattle futures were weaker late in the day, but still closed with 75 cent to $1.32 gains. There were 20 deliveries tendered on Wednesday. Cash trade has been quiet so far this week, with a few bids of $245 in the north reported and light sales of $240-242 in...
- Hogs Hold Strength on Wednesday
- Lean hog futures posted 47 to 57 cent gains on Wednesday. USDA’s national base hog price was reported at $108.80 in the Wednesday PM report, up 40 cents from the day prior. The CME Lean Hog Index was down 41 cents on August 25 at $106.86. USDA’s FOB plant pork...
- Corn Falls Lower Wednesday
- Corn futures fell further into the Wednesday close, with pressure from losses in wheat. Contracts were down 3 to 5 cents. The CmdtyView national average Cash Corn price was down 4 1/4 cents at $3.64 1/2. EIA’s weekly report showed ethanol production slipping 2,000 barrels per day in the week...
