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Wheat futures backed off in the winter wheat contracts to start off the week. Chicago contracts were down 4 ½ to 13 ¾ cents on the session. Kansas City was down 1 ¼ to 3 ¾ cents across most contracts....
Cattle futures were down 30 cents to $1.42 on Monday with April up 72 cents ahead of tomorrow’s expiration. Cash trade last week was 182-183 in the South, steady to $1 higher. Northern trade was reported...
Lean hogs were mixed as the trade commenced on Monday, with front months up steady to 50 cents lower and back months down 22 to 47 cents. USDA’s National Average Base Hog negotiated price was down 75...
Cotton futures were up 38 to 94 points on Monday. Active December is leading the way up 94 points. The outside markets were mixed, with Crude Oil down $1.04 per barrel, with the US dollar index down 279...
Soybeans closed with contracts 1 ¼ to 4 ¾ cents higher on the Monday session despite showing double digit gains earlier in the day. Soymeal was in rally mode, as contracts were up $6.40 to $9.60/ton....
Corn futures ended the Monday session with contracts fractionally to 1 ¼ cents lower across most contracts. Tuesday is first notice data for May corn futures. Export Inspections data from FGIS showed...
Not much transpired today. Traders just don't seem to be willing to produce premium on futures contract for the industry to dump cattle on them. With beef production down 2.6% year over year, there...
The concept of ‘money trees’ is a metaphor used in various contexts, from popular culture to financial literature. It symbolizes the idea of a source of unlimited wealth or income. The phrase, “Money...
