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National Newswire
Commentary
- Cotton Pops Higher on Friday
- Cotton futures closed out the Friday session with contracts up 13 to 14 points, as March was up just a point this week. Crude oil futures were down 2 cents/barrel on the day. The US dollar index was down 603 points on the day. Commitment of Traders data showed spec...
- Cattle Extending Rally Ahead of CoF Report
- Live cattle futures extended the rally on Friday, with contracts up $1.67 to $3.67 in the front months and weaker in the deferreds. A few cash sales were reported early this week at $201 in the South, with late week sales jumping up to $208 in KS. Northern trade has...
- Corn Pulls Back Despite Positive Export Sales Data
- The corn market posted Friday weakness of 3 to 4 cent, as March was still up 2 ¼ cents on the week. The national average Cash Corn price from cmdtyView was down 3 1/4 cents at $4.51 1/4. Commitment of Traders data from CFTC showed managed money spec funds in...
- Hogs Close Higher on Friday
- Lean hog futures closed with gains of 17 cents to $1 on Friday. The national average base hog negotiated price was reported at $80.38 on Friday afternoon, down $1.87 from the day prior. The CME Lean Hog Index was reported at $81.93 on January 22, up 21 cents from the...
- Soybeans Pull Back into the Weekend
- Soybeans posted 4 to 10 cent losses on Friday, led by the nearbys, as March still managed a 21 ¾ cent gain this week. CmdtyView’s national front month Cash Bean price was down 9 3/4 cents at $9.95. Soymeal futures were down $10.40/ton on the day to hold the weekly...
- Wheat Falls as Export Sales Data Comes in Weak
- The wheat market posted losses on Friday, as weaker export sales day resumed in the morning report. Chicago SRW futures were down 19 to 10 cents in the nearbys, with March up 5 ¼ cents this week. KC HRW futures were down 11 to 12 cents in the front months,...
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