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National Newswire



Market Snapshot
Quotes are delayed, as of April 16, 2024, 11:22:19 AM CDT or prior.

Local Weather
Forecast

Commentary
Wheat Finding Strength in Spring Wheat, Weakness in Winters
The wheat complex is mixed so far on Tuesday morning, with MPLS up2 to 7 cents after overnight trade. CBT SRW futures are down 1 to 3 ¼ with KS 1 to 2 cents lower. The three markets posted losses on Monday. Kansas City was 2 ¾ to 6 ¼...
Hogs Switch Focus to Tuesday with Stronger Monday Cutout
Lean hogs posted mixed trade on Monday, with the front months 37 to 45 cents higher and other contracts down 10 to 67 cents. USDA’s National Average Base Hog negotiated price was down 89 cents in the afternoon report to $85.71. The CME Lean Hog Index was another 72 cents...
Cotton Posting Turnaround Tuesday Weakness to Start
Cotton futures are trading 59 to 78 points lower so far this morning. Prices saw some strength on Monday, with futures up 16 to 62 points. Crude oil closed with just a 3 cent gain, as Israel signaled possible retaliation over the weekend’s strike from Iran. The US dollar index...
Corn Lower to Start Tuesday
Overnight action has corn prices down 1 to 2 cents this morning. Futures ended the Monday session with contracts 1 3/4 to 4 cents lower. May never recovered from early weakness and closed with a 4 cent loss, while December was down 2 ¾ cents. USDA reported a private export...
Beans Continue to Leak Lower Overnight
Soybeans are down 2 to 4 cents in the front months following the overnight trade. Bean futures fell anywhere from 5 ½ to 15 ¾ cents on Monday, as the front months felt the brunt of the impact. May was down 15 ¾, with November 9 cents in the red....
Cattle Look to Tuesday After Monday Rally
Live cattle slipped off the midday highs into the close, but were still $1.40 to $2.37 higher on Monday. There have yet to be any delivery notices for April futures through Monday. Cash action was quiet on Monday, with last week reported @ $182 in the South and Northern action...

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