What's New!
Market Snapshot
Quotes are delayed, as of March 07, 2021, 11:31:06 PM CST or prior.
Commentary
- Cattle Close with Strength
- Finished cattle futures ended the Friday session with gains of 40 cents to $1.02. June was the strongest and settled at $118. Cash trade remains mostly at $114, although USDA confirmed a few limited sales from $112-$115 on Friday. Dressed sales for the week were mostly $180, with some as...
- Corn Rallies Double Digits on Friday
- The board showed 11 1/2 to 15 3/4 cent gains for front month corn futures going into the weekend. New crop futures were 5 3/4 to 7 1/4 cent higher on the day. The usual suspects were involved, including South American weather fears, ideas USDA will raise the export estimate,...
- Late Session Rally for Friday Cotton
- After trading with losses in the afternoon, front month cotton futures rallied back and ended the session near the highs up 54 to 62 points. New crop futures also bounced from midday lows and closed 54 points in the black. Census data showed official January cotton exports were 1.614m...
- Wheat Closes Higher on Friday
- At the Friday settle, front month wheat futures were in the black. KC HRW futures gained the most with 4 1/2 to 5 1/2 cents. For May that limited the loss to 7 1/2 cents from Friday to Friday. Spring wheat was higher on the week, up 6 1/2 cents...
- Hogs Close with Friday Gains
- At the close on Friday, lean hog futures were 7 to 70 cents in the black. Save for a 12 cent dip in April that left contracts at $87.17. The CME Lean Hog Index was 64 cents higher on 3/2 to $83.27. USDA’s National Average Afternoon Base Hog price was...
- Soy Complex Strong at Weeks End
- Soybean futures closed the Friday session up 16 3/4 to 19 1/2 cents. The Feb 25 highs are still intact, but May closed at $14.30. New crop contracts closed at $12.92 1/4 for Sept and $12.47 1/4 for November. Soymeal futures recovered from triple digit midday losses and ended the...
National Newswire
- Two Mosaic Products Earn Enhanced Efficiency Fertilizer Designation
- Excess Rain Lowers Quality of Brazil's Soybeans, Could Cause Smaller Harvest
- Australia Reports 2019-20 Wheat Harvest was Smallest in 12 Years
- Despite 44-Cent Corn Price Spike Since December, Ethanol Margins Recovering
- Drought Conditions Persist in Many Top Corn-Growing States
- Ag Minister: China's Grain Security Guaranteed
- Research: Brazil Fed a Tenth of the World's Population Last Year
- Ukraine Spring Grain Sowing Likely to Start Next Week
- Corn Wet Milling Market to See Massive Growth by 2026
- The World's Largest Grain Bin Rising Up in the Northern Iowa Landscape
Kansas USDA Newswire
