Market Snapshot

Quotes are delayed, as of June 25, 2024, 03:17:23 AM CDT or prior.

Burlington Area Weather

Forecast

Commentary

Cattle Ignore Bearish CoF Data, Close Mixed
Live cattle futures posted mixed action on Monday, with front months held up by the cast market and closing 17 cents to $1.67 higher. Other contracts were anywhere from 27 cents lower to a dime higher. Cash trade was slow to develop last week, as late sales rolled in a...
Soybeans Rally to Start the Week, USDA Confirms Drop in Conditions
Soybean saw some bull spreading on Monday, as front months were up 10 to 14 ¾ cents, as 2025 contracts and beyond were 7 ½ to 9 ½ cents higher. Soymeal futures rallied on Monday with an export sale announcement, with contracts up $3.60 to $11/ton. Soy Oil futures were...
Wheat Extends Slide on Monday, KC Pares Back Losses
The wheat complex pulled off the lows into the Monday close, led by the HRW contracts. Kansas City futures closed with the front months fractionally higher and other contracts down 1 to 2 ¾ cents. Chicago contracts were 2 ½ to 9 cents lower, led by July. MPLS spring wheat...
Hogs Collapse to Start the Week
Lean hog futures posted losses of 77 cents to $2.60 on Monday. The USDA National Base Hog price reported at $86.64 on Monday afternoon, up 60 cents from the previous day. The CME Lean Hog Index was down another 23 cents at $90.32 on June 20. Typical seasonal strength has...
Corn Pulls Off Lows, Crop Ratings Drop
Corn futures rounded out the Monday session with contracts seeing some bidders into the close, though the nearbys were still fractionally to 1 ½ cents lower. Deferreds starting with September ’25 were up 1 to 5 cent on the day. The market was for the most part ignoring flooding in...
Cotton Sparks Rally to Begin Week
Cotton prices were up triple digits on Monday, with contracts up 104 to 123 points in the front months. Today is First Notice Day (FND) for deliveries against July contract futures, which means no limits, as the contract was up 310 points. Outside factors are supportive today, with crude oil...

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