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H&B Cash Bids
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National Newswire
Commentary
- Cattle Close Mixed on Tuesday
- Live cattle ended the Tuesday session with front months down 87 to 60 cents and back months up 27 to 52 cents. Cash trade has yet to kick off this week. It was slow last week, with the South kicking things off at $181, down $2 on the week. Northern...
- Soybeans Collapse on Turnaround Tuesday
- Soybeans posted Turnaround Tuesday losses of 14 ½ to 22 ½ cents across the board, with the brunt of the pressure felt in the front months. Products weren’t helping matters, with Soymeal futures down $4.20 to $7.50/ton across the board, Soy Oil futures were feeling pressure from a collapse in...
- Corn Slip Lower on Tuesday
- Corn futures ended the Tuesday session with weakness. Contracts closed out the day with losses of anywhere form 1 ¼ to 4 ¾ cents across the board, led by the nearbys. Ahead of the Thursday USDA reports, analysts expect to see NASS cut corn yield by 0.4 bushel per acre...
- Wheat Posts Tuesday Gains
- Wheat was a bright spot for the grain bulls on Tuesday with gains across the three exchanges. Chicago SRW futures were up 2 ¾ to 7 cents. KC HRW was 5 to 8 1/4 cents higher. MPLS spring wheat was 3 to 3 3/4 cents in the green. Wheat production...
- Cotton Holds Gains on Tuesday
- Cotton futures were up 21 to 54 points so far across the front months on Tuesday. The dollar index was up 122 points on the day, with crude oil futures back down $2.39/barrel. Crop Progress data from NASS pegged condition ratings back down 4% to 40% in the gd/ex categories,...
- Hogs Close with Marginally Mixed Trade
- Lean hog futures closed with contracts within 25 cents of unchanged on Tuesday. The national average base hog price was reported at $78.34 on Tuesday afternoon, down 14 cents from the previous day. The CME Lean Hog Index was $85.74 on September 6, down 50 cents from the day prior....
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