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H&B Cash Bids
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National Newswire
Commentary
- Cattle Weaker on Tuesday
- Live cattle futures are posting $1 to $1.20 losses so far on Tuesday. There were no deliveries issued against October futures on Monday, with the 10 from Friday retendered. Cash sales were reported in the north at $187-188 last week, even to $1 higher vs. last week. Southern sales hit...
- Corn Losses Continue at Tuesday’s Midday
- Corn futures are trading the Tuesday session with losses of 5 to 6 cents. The national average Cash Corn price from cmdtyView is down 5 1/2 cents at $3.70 per bu. The average close for December corn futures, which indicates the fall crop insurance price, so far this month is...
- Cotton Weakness at Tuesday’s Midday
- Cotton futures are trading with Tuesday losses of 23 to 38 points at midday. The outside markets are mixed with the crude oil a pressure factor, down $3.34/barrel and the US dollar index 47 points lower. The Seam reported 862 bales of online sales on October 11 at an average...
- Soybeans Pull Off Lows Following NOPA Release
- Soybeans are getting a midday bounce, with contracts off the lows but still down 5 to 9 cents. CmdtyView’s national front month Cash Bean price was down 5 1/2 cents at $9.29 ¼. Soymeal futures are down $3.80/ton on the day. Soy Oil contracts are up 66 points on the...
- Wheat Showing Midday Losses
- The wheat complex is posting another round of losses across the three exchanges on Tuesday. Chicago SRW futures are down 5 to 7 cents on the day. KC HRW contracts re 6 to 7 cents lower. MPLS spring wheat is falling another 7 to 9 cents. A private export sale...
- Hogs Mixed on Tuesday
- Lean hog futures are trading with December down a tick and other contracts slightly higher. The national average base hog price was not reported on Tuesday morning, with the 5-day rolling average at $75.52. The CME Lean Hog Index was reported at $84.16 on October 11, down 13 cents from...
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