Market Snapshot
Quotes are delayed, as of January 24, 2025, 07:50:00 AM CST or prior.
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Commentary
- Wheat Slipping Lower Ahead of Export Sales Data
- The wheat market is trading with losses on Friday morning. Wheat futures closed out the Thursday session mixed with the hard wheats falling lower. Chicago SRW futures came back to steady/fractionally higher trade at the close. KC HRW futures were down 4 to 5 cents in the front months, with...
- CornCorn Falling Back Lower to Kick Off Friday
- The corn market is trading with Friday morning losses of 3 to 6 cents across the front months. Corn futures posted gains across the board on Thursday, as new crop kept up the pace with old crop and contracts 4 to 6 cents higher. The national average Cash Corn price...
- Soybeans Facing Double Digit Losses on Friday Morning
- Soybeans are trading with 12 to 16 cent losses to begin Friday AM trade. They posted 6 to 10 cent gains across the nearbys on Thursday, bouncing back from the Wednesday losses. CmdtyView’s national front month Cash Bean price was down 9 1/2 cents at $10.05 ¾. Soymeal futures were...
- Hogs Mixed on Thursday
- Lean hog futures posted mixed trade on Thursday, with nearby Feb up 65 cents and other nearby contracts steady to 7 cents lower. The national average base hog negotiated price was reported at $82.25 on Thursday afternoon, up 99 cents from the day prior. The CME Lean Hog Index was...
- Cattle Rally to New All Time Highs
- Live cattle futures extended the rally on Thursday, with contracts up another 80 cents to $1.05. A few cash sales have come in at $201 in the South, with some at $202, steady to $1 higher from last week. Feeder cattle futures were up anywhere from a tick to $1.15...
- Cotton Rallying to Kick off Friday Trade
- Cotton price action is showing gains of 59 to 92 points. Futures closed out the Thursday session with contracts up 26 to 33 points. Crude oil futures were down $1.17/barrel on the day. The US dollar index was steady on the day. The Seam reported 6,265 bales of online sales...
