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Market Snapshot
Quotes retrieved on November 23, 2020, 09:53:18 AM CST
Commentary
- Cattle Set to React to Friday COF Report
- Live cattle futures closed mostly higher on Friday. Dec stayed 15 cents in the red at the closing bell, but the other front months were 2 to 25 cents in the black. Feeder cattle futures closed 27 to 95 cents lower. The 11/19 CME Feeder Cattle Index was $136.75, down...
- Wheat Up 5 to 8 Cents on Monday Morning
- Wheat is trading 5 to 8 cents higher to start the new week. On Friday, CBT wheat futures closed with old crop gains limited to 1 1/2 cents, and new crop losses of as much as 2 1/4 cents. KC wheat closed the last trade day of the week 1...
- Hogs Up Friday, But Index Is Still Eroding
- Lean hog futures closed the last trade day of the week with $0.42 to $2.30 gains in the front months. Pork Cutout futures closed $1.05 to $2.05 higher in the front months. The CME Lean Hog Index for the 18th was another 55 cents weaker at $68.77. USDA’s National Average...
- Cotton Up Sharply and Tests 72 Cents Overnight
- Cotton futures are 39 to 127 points higher this morning, extending last week’s rally and challenging the October highs. At Friday’s close, front month cotton futures were 113 to 156 points stronger. The Commitment of Traders report from CFTC showed a 1,529 contract reduction to managed money’s net long position....
- Soybeans Touch $12 Overnight
- Soybeans posted double digit gains on Sunday night, and are 10 to 15 cents per bushel higher than Friday’s close ahead of the re-open. January soybeans took a peek at $12 for the first time for a front month contract since 2016. Ongoing dryness in Brazil during early vegetative growth...
- Corn Up 4 to 6 Cents To Begin Thanksgiving Week
- Corn begins Thanksgiving week 4 to 6 cents higher.. Corn futures held on for fractional to 1 1/2 cent gains on Friday. For the week December rallied 3.11%. CFTC data showed managed money corn specs 278,889 contracts net long on 11/17. That was a 1,946 contract reduction with some new...
National Newswire
- NGFA's Jess McCluer Encourages Grain Producers to Maintain Awareness of Grain-Related Hazards
- NGFA Annual Photo Contest Submissions Accepted Until Nov. 25
- NWF Announces National Winners for the 2020 National Wheat Yield Contest
- Elevator Managers, Employees Encouraged to be Aware of Grain-Related Hazards
- Brownfield Ag Weather Today
- Tis the season for $12 soybeans
- Thompson on Cotton: Market Movements Under The Direction Of News Events
- Leadership Required from the US President
- AgFax Weekend: Fake Farms Raked in COVID Relief
- Weekly Cotton Market Review – USDA
Kansas USDA Newswire
