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National Newswire



Market Snapshot
Quotes are delayed, as of September 29, 2022, 06:55:34 PM CDT or prior.

Local Weather
Monticello, Indiana (47960)

Current Conditions Sunny
Temperature 59°F
Dew Point 44°F
Pressure 30.33 in. Hg
Humidity 58%
Wind 5 mph
From Northeast


Forecast


Commentary
3 Cent Losses for Cotton
At the close for Thursday’s cotton trade, prices were 259 to 333 points in the red. For December that has prices just 262 points above the July low. USDA’s weekly Export Sales data had 30,222 RBs of cotton sold from the week that ended 9/22. That was down 7% on...
Thursday Cattle Strengthen
The cattle market strengthened by $1.07 to $1.50 on the day. That comes on following 6 consecutive losses for a net $4 loss (December). Central Stockyards reported 146 of the 922 head were sold for $143.50. Thursday’s cash market was mostly light with sales from $143 - $147. The bulk...
Thursday Wheat Pulls Back
Wheat markets were down on Thursday, but closed off their double digit lows. At the bell futures were 3 3/4 to 7 cents in the red in Chicago, with Dec back below the $9 mark. Futures were 4 1/2 to 9 1/4 cents weaker in KC on Thursday. MPLS spring...
Weak Afternoon Turns Hogs Red for Close
After a light gap higher to start Thursday took hogs above yesterday’s high, prices faded and ended the day mostly red. Losses were limited to 45 cents in the front months, though October hogs closed a net 7 cents in the black ahead of the USDA report. The National Average...
Mixed Close for Corn
The Thursday corn market stayed mostly firm through the session, ending the day within 1 1/2 cents of UNCH. The December and March contracts were red on the day, while the other nearby contracts closed higher. December stayed in a tighter dime range within 6 cents of UNCH. USDA reported...
Beans Gain on Stronger Soy Oil
Soybean meal prices weakened by 3% in the old crop October contract which dragged the other nearby contracts $4.70 to $5.50/ton weaker. BO futures were up by 2.6% to 3% on the day. Soybean prices closed the Thursday session with 2 to 4 3/4 cent gains. Meal prices have faded...

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