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Market Snapshot
Quotes are delayed, as of December 11, 2024, 12:16:48 PM CST or prior.
Local Weather
Commentary
- Cattle Rally Continuing at Midweek
- Live cattle futures are continuing the rally on Wednesday with gains of $1.15 to $1.45 at midday. Early cash action has seen $191 trade reported in KS this week, with trade still to develop in other parts of the country. Wednesday morning’s Central Stockyards Fed Cattle Exchange online auction showed...
- Cotton Bulls Pushing Back on Wednesday
- Cotton futures are trading with 60 to 77 point gains on Wednesday. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.45/barrel higher. USDA raised their 24/25 US cotton carryout by 100,000 bales to 4.4 million bales on Tuesday thanks to a...
- Soybeans Bulls Pushing Higher on Wednesday
- Soybeans are trading with 4 to 5 cent gains across the nearbys so far on Wednesday. CmdtyView’s national front month Cash Bean price is up 3 1/2 cents at $9.49 1/4. Soymeal futures are up 90 cents/ton on the day. There were another 456 deliveries issued against December soybean meal...
- Corn Extending Gains as Ethanol Production Bounces
- Corn futures are trading with 1 to 2 cent gains so far on Wednesday to extend the strength on Wednesday. Preliminary open interest saw net new buying on Tuesday, up 26,476 contracts. The national average Cash Corn price from cmdtyView is up 1 1/4 cents at $4.22 ¼. Weekly EIA...
- Wheat Popping Higher on Wednesday
- The wheat complex is showing mostly higher trade across most contracts on Wednesday. Chicago SRW futures are 3 to 4 cents higher across most contracts. There were another 2 deliveries issued against December CBT wheat futures overnight. KC HRW contracts are 2 to 3 cents higher on the day. MPLS...
- Hogs Continuing Slide on Wednesday
- Lean hog futures are trading with 25 to 67 cent losses at midday, as Dec is up 50 cents ahead of expiration on Friday. The national average base hog negotiated price was reported at $82.43 on Wednesday morning, which was up $1.85 from the day prior. The CME Lean Hog...