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- Corn Posting Midday Gains on Thursday
- Corn futures are showing a round of strength on Thursday, with front months up 4 to 5 cents and new crop December steady. The nearby CmdtyView national average Cash Corn price is up 5 1/2 cents at $4.50 1/4. Outside support from a bounce higher in the crude oil market...
- Soybeans Pushing Higher on Thursday Following Lackluster Export Business
- Soybeans are posting midday strength on Thursday, with gains of 3 to 7 cents. Nearbys are leading the charge. CmdtyView’s national front month Cash Bean price i up 7 3/4 cents at $9.98 ¼. Soymeal futures are down $2.70/ton lower, as Soy Oil futures were up 116 points on the...
- Cotton Sneaking Out Midday Gains on Thursday
- Cotton futures are trading with gains of 18 to 41 points on Thursday with May down 208 points on first notice day. The outside markets are supportive, with crude oil futures back up 63 cents/barrel and the US dollar index down $0.476 to $99.160. Export Sales data showed just 104,005...
- Wheat Facing Midday Weakness
- The wheat market is holding weaker as futures trade through the Thursday session. Chicago SRW futures are 1 to 2 cents lower at midday. Kansas City HRW contracts are showing 1 to 2 cent weaker trade on Thursday. MPLS spring wheat is trading with 1 to 2 cent losses. Rains...
- Cattle Continuing Gains on Thursday
- Live cattle futures are extending the recent strength on Thursday with gains of 25 cents to $1.075. Cash trade has been quiet so far this week. This morning’s Fed Cattle Exchange online auction from Central Stockyards showed no sales on the 1,346 head listed, with bids at $207-207.50. Feeder cattle...
- Hogs Trading Mostly Lower on Thursday
- Lean hog futures show mixed trade on Thursday with May up a tick and other contracts down 30 to 40 cents. USDA’s national average base hog negotiated price was down $1.37 from the day prior at $90.22 on Thursday morning. The CME Lean Hog Index was up another 67 cents...