Some Midwest Areas See Drought Relief, Others Struggle
Some Midwest Areas See Drought Relief, Others Struggle
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Cotton Eases Lower into the long Weekend
Cotton posted front month losses of 111 points in the thin July and October contracts, as December was 17 points lower. December was down 86 points on the week. Crude oil was down $0.23/barrel at $67.22, with the US dollar index $0.341 higher to $96.770. The markets will be off...
Hogs Fall into the Holiday
Lean hog futures posted losses of 90 cents to $1.80 on Thursday, as July was back down $5.27 this week. USDA’s national base hog price was back down $1.85 in the Thursday PM report, with negotiated trade at $110.21. The CME Lean Hog Index was down 77 cents at $110.22...
Corn Holds onto Gains to Extend Bounce into Long Weekend
Corn futures pulled off early session gains, but still closed the Thursday session with 2 to 4 cent gains. September was up 8 ¾ cents this week, with December seeing a dime gain. The front month CmdtyView national average Cash Corn price was up 2 1/4 cents at $4.06 3/4....
Soybean Bulls Hold onto Gains on Thursday
Soybeans slipped from the near double digit gains early on Thursday bus still closed 1 to 2 cents higher and July up 5 ¾ cents. On the week, August was up 22 ¼ cents, with November rallying 24 ½ cents. The cmdtyView national average Cash Bean price was up 1...
Cattle Posts Gains on Thursday, Despite Boxed Beef Weakness
Live cattle futures posted Thursday gains of $1.12 to $1.60 to close out the week, with August up 75 cents on the week. Cash trade showed sales of $230-232 in the North, with early sales of $222-224 in the South creeping to $225 on Thursday. Feeder cattle futures were up...
Wheat Eases Lower into the Holiday
The wheat complex posted losses across most contracts on Thursday. Chicago SRW wheat fell 7 to 9 cents on to round out the week on Thursday, with September rallying 16 cents on the short week. KC HRW contracts closed Thursday with losses of 4 to 7 cents, as September was...
Was June a Good Month for Corn? Here’s What Midwest Agronomists and Growers Had to Say
Was June a Good Month for Corn? Here’s What Midwest Agronomists and Growers Had to Say
U.S. House passes OBBB, ag groups say it’s win for the industry
The U.S. House has passed President Trump’s One Big Beautiful Bill, 216-214, and many ag groups say it includes several key wins for the industry. Ryan Yates with American Farm Bureau Federation tells Brownfield, “It is a big win for farmers and ranchers. You’ve got $65.5billion dollars that will be...
Stocks Rally as US Payroll Report Encourages Economic Optimism
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.99%. September E-mini S&P futures (ESU25 ) rose +0.77%, and September E-mini Nasdaq futures...
Passage of ‘Big Beautiful Bill’ Sparks Fireworks Among the Agriculture Sector
Passage of ‘Big Beautiful Bill’ Sparks Fireworks Among the Agriculture Sector
Scenic Secrets: Thor’s Well in Oregon | Weather.com
Scenic Secrets: Thor’s Well in Oregon | Weather.com
Cattle futures higher to end the holiday-shortened week
At the Chicago Mercantile Exchange, live and feeder cattle were higher, watching the cash market. August live cattle closed $1.60 higher at $214.05 and October live cattle closed $1.20 higher at $210.90. August feeder cattle closed $.47 higher at $309.50 and September feeder cattle closed $.50 higher at $309.37. Direct...
Soybeans, corn firm, wheat mixed ahead of July 4th
Soybeans were modestly higher on short covering and technical buying, padding the weekly gains slightly. Unknown destinations bought 226,000 tons of old crop U.S. beans ahead of the open, along with 45,000 tons of old and 150,000 tons of new crop bean meal. Weekly old crop soybeans were fell short...