Wheat Held Higher on Thursday
Barchart6 minutes ago
The wheat complex saw the bulls holding up on Thursday. Chicago contracts were up ¾ to 3 ¾ cents on the day. Kansas City futures closed with gains of 3 to 3 ¾ cents across most contracts. MPLS spring wheat futures were steady to 8 ½ cents higher across the...
Hogs Pressured Lower on Thursday
Barchart6 minutes ago
Lean hogs fell 55 cents to $1.40 across the board on Thursday. USDA’s National Average Base Hog negotiated price was down $2.44 in the Thursday afternoon report at $89.35. The CME Lean Hog Index was up 25 cents on May 7 at $91.28. Pork export sales were tallied at 24,410...
Soybeans Drops into Thursday Close
Barchart6 minutes ago
Soybeans headed lower on Thursday, with contracts down 7 ¼ to 20 cents across the board, as the 2024 contracts held up at or above $12. Soymeal futures were down on the day, as contracts fell $1.70 to 6.80/ton. Soy Oil saw triple digit losses in the front months, with...
Cattle Feeling Anemic with Beef Slipping Lower
Barchart6 minutes ago
Live cattle felt weaker on Thursday, as contracts were down 45 to 90 cents across the board on the day. Cash trade has been slow to develop this week, with the Central Stockyards Fed Cattle Exchange selling 374 of the 1,890 head for an average of $185. Feeders ended the...
Hogs Pressured Lower on Thursday
Barchart6 minutes ago
Lean hogs fell 55 cents to $1.40 across the board on Thursday. USDA’s National Average Base Hog negotiated price was down $2.44 in the Thursday afternoon report at $89.35. The CME Lean Hog Index was up 25 cents on May 7 at $91.28. Pork export sales were tallied at 24,410...
Soybeans Drops into Thursday Close
Barchart6 minutes ago
Soybeans headed lower on Thursday, with contracts down 7 ¼ to 20 cents across the board, as the 2024 contracts held up at or above $12. Soymeal futures were down on the day, as contracts fell $1.70 to 6.80/ton. Soy Oil saw triple digit losses in the front months, with...
Cotton Pushes Lower Despite Solid Export Sales Data
Barchart6 minutes ago
The cotton market continued their slide on Thursday, as were down 93 to 168 points on Thursday. That was despite a round of positive export data for the bulls. Cotton limits are back to 3 cents with July slipping back in the 70 cent level. The outside market influences were...
Corn Squares Up Ahead of USDA Report
Barchart6 minutes ago
Corn futures closed out the Pre-WASDE trade session with contracts down 1 to 2 ¾ cents across most contracts. A few deferreds were steady to 1 ¼ cents higher. USDA issued a flash sale of 132,080 MT of corn sold to Mexico this morning, with 60,960 MT for the current...
Farm Bureau President says nutrition guidelines “missed an opportunity”
Brownfield Ag News12 minutes ago
Wisconsin’s Farm Bureau President praises USDA’s recently-announced school nutrition guidelines for keeping flavored milk in school meals, but he says the agency missed an opportunity. Brad Olson tells Brownfield the guidelines continue to allow skim and fat-free regular and flavored milks, but should follow the science and allow 2% and...
How Much Risk Can You Handle?
AgWeb20 minutes ago