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H&B Cash Bids
National Newswire
Commentary
- Wheat Posts Monday Losses
- The wheat complex was lower across all three exchanges at the Monday close. Chicago SRW futures were down 4 ½ to 10 ¼ cents on the day. KC HRW contracts closed the session with losses of 8 ¼ to 10 ¾ cents. MPLS spring wheat posted losses of 6 to...
- Cattle Close with Gains on Monday
- Live cattle futures closed out Monday with contracts 12 to 47 cents in the green. Cash trade last week improved ~$2 from the previous week, with Southern sales tallied at $190-191 and the Northern trade coming in at $190-192. Feeder cattle futures settled the Monday session with contracts up 15...
- Soybeans Fall on Bean Oil Pressure
- Soybeans fell into the Monday close, as contracts were down 10 ¼ to 13 ¾ cents across the board. CmdtyView’s national front month Cash Bean price was down 13 1/4 cents at $9.19. Soymeal futures were down 90 cents to $1.70/ton on the day. Soy Oil got some pressure from...
- Corn Pressured Lower on Monday
- Corn futures closed out the Monday session with contracts heading down ½ to 4 ½ cents across the board, led by the nearbys. The market was feeling a risk off mode across the commodities with $3.81/barrel losses in crude oil. The national average Cash Corn price from cmdtyView was down...
- Hogs Push Higher, with Negotiated Cash Strength
- Lean hog futures posted Monday gains of 7 to 95 cents across the board as pork stocks were tallied at a 14-year low for September. The national average base hog price was reported at $80.95 on Monday afternoon, up $5.29 from the previous day. The CME Lean Hog Index was...
- Cotton Pressured Lower on Monday
- Cotton futures closed out the Monday session with contracts 5 to 32 points in the red. The outside markets were a pressure factors, with crude oil falling $3.81/barrel after Israel’s strikes on Iran were limited over the weekend. The US dollar index was 43 points higher. Crop Progress data tallied...
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