The wheat markets found some strength across the three exchanges on Tuesday, though action late in the day saw some pulling off the highs. Chicago futures were steady to 1 ½ cents higher across most contracts....
Cotton futures saw losses of 15 to 50 points on Tuesday, as contracts were pressured lower. The outside factors were in play, with crude oil down 51 cents and the US dollar index up 137 points. The NASS...
Lean hogs posted Tuesday losses of $1 to $1.90, as July was down 35 cents at the close. The USDA National Base Hog price was reported at $90.72 on Tuesday afternoon, up 9 cents from the Monday print. The...
Live cattle were holding up for much of the session until USDA’s midday Boxed Beef print was released. They close with losses of $1.45 to $2. Cash action has yet to be reported this week as it was light...
Soybeans were pressured lower on Tuesday as the product values were hit with weakness. Bean contracts were down 12 ¼ to 19 ¼ cents at the close. Soymeal saw 20 cent to $4.70 lower trade across most contracts,...
Corn futures felt some late session pressure that took contracts off the highs, as contracts were fractionally higher across most contracts, with soon to expire July up 4 ½ cents. The remnants of Beryl...
Funds Add on Breaks
The 4th of July holiday is believed the last spending spree until Christmas for consumers. Boxes fell off sharply at mid day and energy prices lower as well. The Fed continues with policy to curb inflation...
Cattle futures were relatively quiet in the early morning trade then rolled over hard midday, sending prices sharply lower and down to significant support levels. Will they hold?
The dollar index (DXY00 ) Tuesday rose by +0.13% on higher T-note yields. However, Tuesday’s rally in the S&P 500 to a new record high curbed some liquidity demand for the dollar. Fed Chair Powell...