November Soybeans Showing Promise
LIke many things in life, trading is about timing. The June 30 report from the National Agricultural Statistics Service (NASS), United States Department of Agriculture (USDA) features slightly higher soybean stocks than expected and slightly lower acreage. Soybeans traded lower early this morning as focus shifted to the favorable U.S...
National FOB Review
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Tomato Fax Report
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National Watermelon Report
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Fresh Fruit and Vegetable National Shipping Point Trends
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Cattle Falls as Border Reopens
Live cattle futures posted $2.30 to $3.12 losses at the close on Tuesday. Cash action was mostly compiling showlists on Monday. Trade last week saw sales at $230-233 in the North and $223-225 in the South. The Tuesday morning Fed Cattle Exchange online auction showed no bids on the 1,064...
Wheat Bulls Take Some Gains Back on Tuesday
The wheat market snuck out some gains on the Tuesday session, with contract higher across the three markets at the close. Chicago SRW wheat was up 8 to 11 cents on the day. There were 193 contracts issued against CBT wheat overnight. KC HRW contracts pushed higher into the close,...
Hogs Close Mixed on Tuesday, As Cutout Slide Continues
Lean hog futures posted 55 cent to $1.10 weaker trade on Tuesday, with October up 17 cents. USDA’s national base hog price was down 33 cents in the Tuesday afternoon report, with negotiated trade at $111.55. The CME Lean Hog Index was back down 26 cents at $111.76 on June...
Cotton Stocks Near Unchanged on Tuesday
Cotton futures saw steadier trade on Tuesday, with the front month and thin contracts unchanged and December down 10 points. Crude oil was up $0.45/barrel, with the US dollar index $0.193 lower. Weekly Crop Progress data showed 95% of the US cotton crop planted (98% on average), with 40% squaring...
Corn Pulls Off Lows But Still Posts Losses
Corn futures climbed out of their overnight hole on Tuesday, though contracts still closed with fractional to 3 ½ cent losses. There were no deliveries against July futures overnight. The front month CmdtyView national average Cash Corn price was steady at $3.92 3/4. Grain Crushings data showed a total of...
Soybeans Come Back to Close with Slight Gains
Soybeans came back to close with fractional gains across most front months on Tuesday, despite early weakness. There were 503 deliveries issued overnight. The cmdtyView national average Cash Bean price was up 7 cents at $9.88 3/4. Soymeal futures were down $1.60 to $2.10 on the day, as Soy Oil...
Pure Hedge - Livestock and Grain
Cattle Markets on the Verge of Collapse - Grains Ready to Explode Higher.
While Inflation Grabs Headlines, Employment Numbers Drive Market Moves
Discover why employment and retail sales data have a more significant impact on interest rate markets compared to inflation surprises. Learn how these economic indicators shape trading volumes and market activity.
Trading Futures During the Reminder of the Short Trading Week
With 4th of July modified schedule, NFP on Thursday and lighter volume - what should traders expect for the reminder of this short trading week as we start Q3?
National Potato and Onion Report
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