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- Hogs Close with Gains on Monday
- Lean hog futures posted Monday gains of 70 cent to $1.47. The national average base hog price was reported at $76.96 on Monday afternoon up 96 cents from the previous day. The CME Lean Hog Index was $84.87 on September 12, down 48 cents from the day prior. USDA’s FOB...
- Cotton Rally the Limit on Monday
- Cotton futures posted limit gains of 300 points across the front months on Monday. The dollar index was down 485 points so far, with crude oil futures up $1.85/barrel. Weekly Crop Progress data tallied 54% of the US cotton crop with bolls opening by 9/15, 4% ahead of the 5-year...
- Wheat Collapses on Monday
- The wheat complex faced pressure on Monday across all three exchanges. Chicago SRW futures were down 14 to 17 cents on the day. KC HRW was 19 to 20 cents lower. MPLS spring wheat showed 14 to 16 cent losses across the front months. This afternoon’s Crop Progress report showed...
- Corn Pulls Back to Start the Week
- Corn futures closed out the Monday session on a weaker note, as contracts were down 1 to 2 ½ cents in the nearbys. The front month national Cash Corn price from cmdtyView was down 2 ¼ cents to $3.75/bu. USDA’s Crop Progress report showed the US corn crop at 85%...
- Soybeans End Monday with Slight Losses
- Soybeans faced some midday pressure, following this morning’s NOPA report, as futures close the session down 1 to 2 cents in the nearbys. CmdtyView’s national front month Cash Bean price was down 1 ½ cents at $9.43 ½. Front month Soymeal futures were up $1.40/ton. Soy Oil futures were up...
- Cattle Close with Weakness
- Live cattle futures are trading with 2 to 25 cent lower trade so far on Monday. Trade has yet to kick off this week, with Monday mostly compiling showlists. Cash trade last week saw sales of $180-182 reported in the South, steady to $1 higher from the week prior, with...
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