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Jim covers the major weather drivers for soybeans, corn, wheat, cocoa, and natural gas.
Live cattle saw initial weakness on Friday, as contracts closed with gains of 20 to 55 cents. Cash was mixed around this week, with the South seeing action anywhere from $183-185, and the North at $186-187....
The cotton market closed with losses of 55 to 133 points across most contracts on Friday, despite USDA calling for a tighter carryout on old crop. The Friday afternoon Commitment of Traders report showed...
The wheat complex saw stronger trade on Friday, with assistance from some bull friendly USDA numbers. Chicago contracts were up 18 ¼ to 26 cents across most active contracts. Kansas City futures were...
Lean hogs saw gains of 20 to 87 cents across most contracts on Friday, with May down 25 cents and sticking close to the index ahead of next week’s expiration. USDA’s National Average Base Hog negotiated...
Bean futures saw Friday action heading higher into the weekend, as contracts were up anywhere from 1 ¾ to 12 ¼ cents across the board. Soymeal futures were down $1-$2.40/ton. Soy Oil was in rally mode...
Corn futures posted gains of 4 ¼ to 13 ¼ cents on the Friday session. Futures closed out the day near the highs, following the release of some bull friendly USDA data. In the Friday afternoon Commitment...
In my opinion, some changes were noticed this week. Of the one most notable was further recognition of the agenda in place by others. As the impact from becomes more obvious, it has begun to make cattle...
