Market Snapshot
Quotes are delayed, as of July 31, 2025, 03:11:24 PM CDT or prior.
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Commentary
- Cattle Falling at Month End
- Live cattle futures are seeing some month end selling, with contracts down $3.55 to $4.65 on Thursday. Cash trade has picked up this week to $235 in KS, up $3 to $5 from last week. Business has been quiet outside of that. This morning’s Fed Cattle Exchange online auction from...
- Soybeans Continue Losses at Midday
- Soybeans are down 5 t 7 ¼ cents across most contracts at midday. There were 349 deliveries issued against August beans by the Bunge house account for first notice day. The cmdtyView national average Cash Bean price is down 9 1/4 cents at $9.21 ¾. Soymeal futures are showing gains...
- Wheat Weakness Continuing on Thursday
- The wheat complex is showing losses at Thursday’s midday. CBT futures are down 5 to 6 cents lower on Thursday. Kansas City contracts are down fractionally to 2 cents so far on the day. MPLS spring wheat is fractionally lower at midday. USDA reported a private export sale of 100,000...
- Hogs Popping Higher on Thursday
- Lean hog futures are trading with gains of a nickel to 30 cents across most contracts on Thursday. USDA’s national base hog price was up $2.48 from the previous day, at $111.82 this morning. The CME Lean Hog Index was up a dime at $110.51 on July 29. Export Sales...
- Cotton Slipping Lower on Thursday
- Cotton futures are trading with 3 to 18 point losses at the Thursday midday, as outside markets are continuing to add pressure. The US dollar index is up $0.169 to $99.770, as crude oil futures are 74 cents/barrel higher. This morning’s Export Sales report indicated a total of 39,124 RB...
- Corn Sneaking Higher on Thursday
- Corn futures are trying to continue the Wednesday bounce, with contracts up fractionally to 2 cents in the front months on Thursday. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $3.76 1/4. A slew of private export sales were announced this morning, with 100,000 MT...