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USDA Newswire


Market Snapshot
Quotes are delayed, as of January 30, 2023, 01:22:53 AM CST or prior.

Local Weather
Monticello, Indiana (47960)

Current Conditions Cloudy
Temperature 28°F
Dew Point 24°F
Pressure 30.25 in. Hg
Humidity 85%
Wind 6 mph
From North


Forecast


Commentary
Cotton Finishes Red on Friday
The front month cotton futures market went into the weekend with 34 to 61 point losses on Friday. For March, that meant a 19 point gain Friday to Friday. December cotton futures were 91 points higher from Friday to Friday, ending at a 131 point discount to the spot market....
Mixed Hog Trade into Weekend
Hog futures went into the weekend mixed on Friday, with Feb and April giving back $1.15 and $0.55 respectively. The back months continued their bounce, with gains of 7 to 87 cents on the day. Feb closed out the week at a $1.95 loss and saw the lowest print since...
Friday Gains for Cattle Futures
Fat cattle finished out the week of trading with 12 to 40 cent gains on Friday. For Feb, that left the board at a net 10 cent gain for the week, while April was up by 90 cents Friday to Friday. USDA confirmed some light catch up business in the...
Wheat Sees Spread Trading on Friday
SRW futures closed the last trade day of the week with 1 3/4 to 2 3/4 cent losses. The hard red wheats extended their premiums as KC rallied 1 3/4 to 5 cents on the day and MPLS gained 1 1/2 to 3 1/2 cents. HRW is now a $1.19...
Soy Futures Fade on Friday
At the close beans were 14 cents weaker in the March contract and a dime in the red in the May. The other nearby beans closed fractionally to 8 1/2 cents lower. March is still at a nickel premium to May and is a 13 1/2 cent premium to July....
Corn Closes Mostly Red on Friday
The March corn contract ended the last trade day of the week with a fractional gain, while the other nearby contracts went home 2 1/4 to 3 1/2 cents in the red. That added to the board’s inverse, which now has a 3 cent discount to May and has July...

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