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Market Snapshot
Quotes retrieved on February 26, 2020, 07:01:40 PM CST

Commentary
Hog Market Closes with Gains
Lean hog futures came back down after midday highs, but still finished 20 to 70 cents higher in the front months. The CME Lean Hog Index was 26 cents higher to $56.16 on 02/24. USDA’s Pork Carcass Cutout value was down by $1.48 to $64.49 in the aft...
Beans Higher on Wednesday
Soybeans still haven’t fully erased Monday’s drops, but followed up yesterday’s recovery with more of the same. The bounce on Wednesday lifted futures 2 to 3 3/4 cents higher. Bean meal futures came back down from midday highs but still gained ...
Cattle Traded Lower Feeders Higher
Live cattle futures were lower again on Wednesday. Feb futures, which expire Friday, have posted a red candle for 6 consecutive trade days and a net effect of -$7.425. Feeder cattle futures traded higher by triple digits on Wednesday, with gains in A...
Corn Reverses to Close Lower
Corn futures closed the Wednesday session fractionally to 2 cents weaker. Data from the EIA regarding ethanol stocks and production from the week ending 02/21 showed ethanol production 14k bpd higher wk/wk to 1.054 million barrels per day. Ethanol st...
Wheat Market Mixed
The wheat market closed Wednesday’s session mixed. Chicago wheat was higher by 1 1/4 cents in the March contract, but finished 1 1/4 to 1 3/4 cents lower in the deferreds. Kansas City wheat was 2 1/2 to 2 3/4 cents lower at the closing bell. Spring...
Ag Market Commentary
Corn futures closed the Wednesday session fractionally to 2 cents weaker. Data from the EIA regarding ethanol stocks and production from the week ending 02/21 showed ethanol production 14k bpd higher wk/wk to 1.054 million barrels per day. Ethanol st...

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