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H&B Cash Bids
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National Newswire
Commentary
- Corn Adds to Week’s Losses on Friday
- Corn futures failed to see much buying post-USDA data release on Friday, as futures slipped into the close with losses of 3 to 5 cents. September closed out the week with a loss of 24 ¼ cents, as December was down 24 ¾. The front month CmdtyView national average Cash...
- Wheat Losses Led by HRS Contracts
- The wheat complex posted losses across the three markets on Friday, following a larger than expected production total. Chicago SRW wheat was down 9 to 10 cents, with September down 11 ¾ cents this week. KC HRW contracts were down 10 to 11 cents on the day, taking the week...
- Soybeans Fail to See Strength into the Weekend
- Soybeans posted Friday losses of 6 to 9 cents on the session, with futures failing to see bulls show up after USDA data was released. August soybeans dropped 51 1/4 cents this week, as November fell 42 cents from last Thursday’s close. The cmdtyView national average Cash Bean price was...
- Cattle Rally to Close Out the Week
- Live cattle futures found some strength on Friday with higher cash movement, as contracts were up $2.30 to $3. August was up $8.15 this week. Cash trade picked up to $228-$230 on Friday, in the South, up $4-5. Northern Action was $240, $8-10 higher wk/wk. Feeder cattle posted Friday gains...
- Hogs Easing Lower into the Weekend
- Lean hog futures closed out Friday with losses of 50 cents to $1.65, as August was down $1.42 this week. USDA’s national base hog price was reported at $106.59 on Friday afternoon, dropping $5.74 from the day prior. The CME Lean Hog Index was up a dime at $107.14 on...
- Cotton Pushes Losses into the Weekend
- Cotton futures ended the Friday session with losses of 5 to 30 points, as December was down 104 on the week. Crude oil is up $2.10 /barrel at $68.67, with the US dollar index $0.233 higher to $97.555. The monthly update to the USDA balance sheets showed a 300,000 bale...
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