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Live cattle closed the Wednesday session with contracts down 95 cents to $1.57 across the CME. Cash trade has yet to develop this week, with the Central Stockyards Fed Cattle Exchange having no sales on...
Soybean bulls took a breath on Wednesday, as contracts were down 9 ¼ to 19 ½ cents across the board at the close. Soymeal also pulled back with contracts down $1.80 to $5.50/ton on the day. Soy Oil posted...
The cotton market shot higher on Wednesday, with futures closing 106 to 256 points higher as May rolled off the board. Cotton limits are reverting to 4 cents due to July creeping back in that 80 cent level....
Futures are pulled back on Wednesday after a couple weeks of rallying and a USDA report on the horizon. Corn prices ended the midweek session with losses of 3 ½ to 8 ½ cents across most months. Weekly...
The wheat complex closed the midweek session with weakness across all three exchanges. Chicago wheat contracts were own 8 ¼ to 9 ½ cents on the day. Kansas City futures were down 11 to 15 ½ cents at...
Lean hogs bounced back and forth on Wednesday, with contracts slipping off the midday pop, but still closing mixed. Contracts were anywhere from a dime lower to 50 cents higher. USDA’s National Average...
The dollar index (DXY00 ) on Wednesday rose by +0.13%. Higher T-note yields Wednesday supported modest gains in the dollar. Also, hawkish comments from Boston Fed President Collins were bullish for the...
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.04%. US stock indexes...
Beyond Meat is reporting higher-than-expected revenue in the first quarter despite lower demand for its plant-based meats in the U.S. and abroad
Nearly half the year is over with and the triangulation of prices continues. This is expected to continue as packers appear reluctant to increase slaughter that would reduce their margins. More companies...
