Cattle Market News and Commentary - February 22, 2019
Live cattle futures closed steady to $1.05 higher on Friday. Feeder cattle futures were mixed with front months down 2.5 to 32.5 cents. The CME feeder cattle index was up 20 cents on February 21 at $141.31. Wholesale boxed beef prices were higher on ...
Ag Market Commentary - February 22, 2019
Corn futures closed the Friday session with most contracts within 1/4 cent of UNCH. This morning’s Export Sales report showed old crop sales totaling 6.056 MMT in the weeks ending Jan 10-Feb 14. That was an average weekly sale of 1.009 MMT, and...
Wheat Market News and Commentary - February 22, 2019
Wheat futures saw fractional to 3 1/4 cent gains in the winter wheat contracts, with MPLS up 5 to 9 cents. On the week, nearby CBT was down 3.47%, with KC 3.78% lower and MPLS 1.09% in the red. The now up to date Export Sale report from this morning ...
Cotton Market News and Commentary - February 22, 2019
Cotton futures ended the day with most contracts 35 to 100 points in the red. Nearby March was up 2.31% this week. The Cotlook A Index was UNCH on February 21 to 80.30 cents/lb. The USDA Adjusted World Price was updated to 61.80 cents/ lb on Thursday...
Soybean Market News and Commentary - February 22, 2019
Soybean futures ended Friday with the nearby contracts steady to 3/4 cents lower. Meal futures were down 30 cents/ton in the nearby contract, with soy oil 2 points higher. After the close, a tweet from Secretary Perdue indicated that China committed ...
Corn Market News and Commentary - February 22, 2019
Corn futures closed the Friday session with most contracts within 1/4 cent of UNCH. This morning’s Export Sales report showed old crop sales totaling 6.056 MMT in the weeks ending Jan 10-Feb 14. That was an average weekly sale of 1.009 MMT, and...