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Commentary
Soybeans Close with Weaker Trade on Friday
Soybeans settled with losses of 7 to 8 ½ cents across the board on the Friday session, as November slipped a total of 28 cents this week. CmdtyView’s national front month Cash Bean price was down 8 1/4 cents at $9.75 3/4. Soymeal was down 30 cents to $2.50/ton across...
Corn Slides on Friday to Pare Back Weekly Gains
Corn futures closed out the Friday session with contracts down 2 to 4 ¾ cents across the board. Additional pressure came via a weaker wheat market and a stronger US dollar index. December was still up 6 ¾ cents, helped by the early week action. The national average Cash Corn...
Hogs Slip Lower on Friday
Lean hog futures posted mostly lower trade on Friday, with contracts down 5 to 32 cents. December managed to post a $2.77 gain on the week. The national average base hog price was reported at $74.89 on Friday afternoon, which was up 90 cents from the previous day. The CME...
Cotton Posts Strength on Friday
Cotton futures closed the Friday session with contracts up 22 to 54 points across the board. That helped December to close the week with a 55 point gain. Crude oil futures were up $0.83/barrel ahead of the weekend with the world waiting on Israel’s response to Iran’s ballistic missile attack...
Wheat Falls into Friday’s Close
The wheat complex saw lower trade across all three exchanges on Friday, to close the week on a lower note. Chicago SRW futures were down 8 1/2 to 13 3/4 cents across the board, as December held onto a 9 ¾ cent weekly gain. KC HRW contracts were 11 to...
Cattle Rally into the Weekend
Live cattle futures posted positive trade on Friday, with contracts up anywhere from 20 cents to $1. Cash trade kicked off on Friday, with some action at $186 reported in the South, up $1 on the week. Northern action was $296 in the beef up $2 from the previous week....

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