Tag "DTN Markets"
Triple-digit gains dominated the lean hog trade with summer issues blasting back into the low 70s. The cattle complex staged a decent recovery in the wake of Monday’s post-report crash. Midday: Active buying continues to develop in lean hog
Tightening availability of current supplies continued to vie for attention with prospects for increased plantings. Chances for showers forecast for the Texas High Plains. Cotton futures rallied from a morning sinking spell to close higher in the front four contracts
One day after soybeans closed higher while corn and wheat stayed mixed, the latter two took a turn higher on Tuesday with emerging concerns about cold and wet weather in the forecast. Soybeans gave back part of Monday’s gain after
Active buying continues to develop in lean hog trade as nearby contracts post gains near $2.50 per cwt in June and July contracts. This is allowing for aggressive market support to redevelop across the entire complex. Firm buyer support is
Corn and wheat lead at midday with soybeans setting back. CORN Corn trade is 5 to 7 cents higher at midday with short covering developing after overnight weakness. The weather forecast is expected to bring heavy rains into the middle
U.S. cotton crop 11% planted, up from 10% last year but below the five-year average of 12%. An additional 353 lots tendered on the May contract. Cash online sales fell to only 11 bales on The Seam. Cotton futures ticked
Look for lean hog issues to open moderately higher, supported by follow-through buying and bottom-picking interest. The cattle complex is geared to begin with mixed prices thanks to residual selling and short-covering. Cattle: Steady Futures: Mixed Live Equiv $146.05 +.47
6:00 a.m. CME Globex: July corn was down 1 3/4 cents, July soybeans were down 4 1/2 cents, and July Chicago wheat was down 1 3/4 cents. CME Globex Recap: July corn and soybeans were modestly lower early Tuesday after
Triple-digit losses rocked cattle futures thanks to long liquidation and bearish reaction to larger-than-expected March placement activity confirmed on Friday. On the other hand, nearby lean hog futures bounced significantly higher. Midday: Cattle markets have quickly moved sharply lower.
Rio Grande Valley cotton got needed rain. Corpus classing office prepares for increased receipts. Storms brought welcomed moisture to areas of Southeast and Delta. Rivers in Far West overflowed banks. Upland outstanding loans fell to 2.6 million RB. Cotton futures