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National Newswire

Market Snapshot
Quotes are delayed, as of June 20, 2024, 01:35:58 PM CDT or prior.

Local Weather

Hogs Resume Selling on Thursday
Lean hog futures are posting losses after gapping lower out of the holiday. Contracts are down $1.55 to 2.10 at midday. The CME Lean Hog Index was up 13 cents at $90.72 on June 18. Seasonal strength has been muted this spring. The USDA National Base Hog price reported at...
Cotton Dropping at Midday
Cotton prices are reverting to weakness, despite earlier gains in the overnight. Contracts are trading down 4 to 8 points at midday. Outside factors are offsetting, with crude oil up 65 cents and over $81/barrel, as the US dollar index is up 389 points. The ICE certified cotton stocks were...
Wheat Extending Losses on Thursday
The wheat complex is trading with losses across the three markets at midday. Chicago saw losses of 8 to 12 cents across most front months. Kansas City contracts are down 9 to 12 cents. MPLS spring wheat is down 10 to 11 cents so far. French Milling Wheat Futures were...
Corn Stumbling Despite Increased Ethanol Production
Corn futures started selling as trading resumed on Wednesday night and extended the weakness into Thursday’s midday. Contracts are down 8 to 10 cents so far on the day, despite a solid round of EIA data. July options expire on Friday, with the heaviest open interest among all options in...
Soybeans Falling Double Digits at Midday
Soybeans are coming out of the Juneteenth holiday, with contracts down 13 to 15 cents so far at midday. Soymeal futures are down $5.50/ton in the July contract. Soy Oil futures are shrugging off early strength, with July down 19 points at midday. July options expire on Friday. Heavy open...
Cattle Slipping Lower on Thursday
Live cattle futures are trading mixed at midday with front months 17 to 47 cents higher and other contracts lower. Cash trade has been quiet to start this week, with early action mostly compiling of show lists. Trade talk has regionals and majors bidding $310-312 in the north, with asking...

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