Ag Market Commentary
Corn Falls on Thursday After Weak Export Sales Data
The corn market closed out the Thursday session with contracts down ½ to 6 ¼ cents, retreating from the early week rally. The national average Cash Corn price from cmdtyView was down 5 cents at $4.15. The weekly Export Sales report showed an 11-week low in corn bookings for 2024/25...
Cattle Fall Back on Thursday
Live cattle futures reverted lower on Thursday with contracts down 12 cents to $1.22 at the close. Early cash action has seen $191 trade reported in KS this week, with action up to $195-196 in NE reported on Thursday. This morning’s Central Stockyards Fed Cattle Exchange online auction showed $192...
Hogs Close with Thursday Gains
Lean hog futures settled with 5 to 20 cent gains on Thursday. The national average base hog negotiated price was reported at $79.02 on Thursday afternoon, which was down $2.37 from the day prior. The CME Lean Hog Index was reported at $83.61 on December 10, up 28 cents from...
Cotton Steady at Thursday’s Close
Cotton futures posted slightly mixed trade on Thursday, with contracts down 6 point to 5 points higher. The outside markets were pressure factors, with the US dollar index up 310 points and crude oil 27 cents/barrel lower. Export Sales data from this morning showed a total of 152,989 RB sold...
Wheat Closes with Losses After Slow Export Sales
The wheat complex closed with weakness across the three markets on Thursday. Chicago SRW futures were 4 ¼ to 4 3/4 cents lower across the board. KC HRW contracts were down 4 ¼ to 5 cents on the day. MPLS spring wheat closed with steady to 5 cent losses across...
Soybeans Close Near Unchanged on Thursday
The soybean market posted a mixed Thursday close, as contracts were down 1 ¾ to ½ cent higher. CmdtyView’s national front month Cash Bean price was steady at $9.46 1/2. Soymeal futures were down $1.1 to $1.60/ton on the day. Soy Oil futures were back up 21 to 31 points...

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