Market Snapshot

Quotes are delayed, as of June 14, 2024, 07:47:13 AM CDT or prior.

Burlington Area Weather

Forecast

Commentary

Corn Pulling Back to Start Friday Trade
Corn is beginning Friday market activity with prices slipping 1 to 2 cents lower. Corn rallied in somewhat linear fashion after the Export Sales report came out yesterday, but took baby steps because CONAB raised its Brazilian production number. Some traders were also citing heavy rains predicted in the upper...
Wheat Slipping Lower As Trade Gets Set to Round Out the Week
The wheat complex is starting the final trade day this week with 2 to 5 cent lower action across the three exchanges. Chicago wheat futures saw a little bull spreading, with the front three months settling higher on Thursday. The back months, and all deliveries for KC and MGE were...
Soybeans Lower on Friday Morning
Soybeans are trading 7 to 9 cents lower in early Friday action. Beans put up some double digit gains on Thursday, buoyed by soybean meal. Overall, futures were up 6 to 14 ½ cents for the day. Soymeal futures were up $2.70 to $8.10, led by July. Soy Oil futures...
Cotton Rebounding Higher on Friday
Cotton futures are trading with 17 to 44 point gains in early Friday market action The cotton spreads reversed a little on Thursday, with new crop gaining on old crop for a change. Net changes were -39 to up 15 points. The US Dollar Index was back up 595 points...
Cattle Look to Round Out Week with Cash Strength
Live cattle futures were higher on Thursday. The CME shows net changes for the day of +$.50 to +$1.17. Cash trade activity has been slow this week, with a few sales at $186 reported in KS and $192-195 in NE. Feeder cattle futures were hindered by higher feed costs, settling...
Hog Bulls Trying to Find Footing
Lean hog futures bulls still can’t find their footing. Prices were down $.27 to $1.35 on Thursday. Nearby June was helped by convergence heading into expiration. The CME Lean Hog Index was up 6 cents at $91.38 on June 11. USDA showed the National Base Hog weighted average price at...

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