Market Snapshot

Quotes are delayed, as of April 25, 2024, 10:15:01 AM CDT or prior.

Burlington Area Weather

Forecast

Commentary

USDA Shows Slight Build to Pork Stocks
Lean hogs closed the midweek session with contracts a dime to $1.22 lower, as August was the lone exception, up a nickel. USDA’s National Average Base Hog negotiated price was down 36 cents on Wednesday afternoon, at $91.49. The CME Lean Hog Index was up 14 cents on April 22...
Corn Squeezing Out Overnight Gains
Overnight action in the corn market was lightly higher with prices up fractionally this morning. Corn futures extended the front month losses into the close, as contracts through Dec were down 2 to 5 ¼ cents. For 2025 contracts and beyond, trade closed with contracts with in 1 ¾ cents...
Cattle Look to Thursday Trade Following Midweek Drop on H5N1 Virus News
Live cattle ended the day with weakness, as contracts were down $1.20 to $2.12 on Wednesday. Yesterday morning’s Fed Cattle Exchange auction saw no sales on the 894 head listed, with bids of $181 and asks of $184. A few cash sales in the South popped up on Wednesday at...
Cotton Posing Thursday Morning Gains
Cotton futures are 8 to 15 points higher this morning. They were down anywhere from 39 to 187 points on Wednesday. The outside market influences were there, with crude oil down 54 cents/barrel and the US dollar index up 160 points. Export Sales data will be released later this morning,...
Soybeans Slipped Lower on Wednesday, Continues Similar Attitude This Morning
Soybeans are trading 4 to 6 cents lower following the overnight trade. They faded the earlier morning strength, as contracts were mixed but well off the highs. Futures closed with contracts anywhere from down 1 ½ to up a penny. Soymeal posted some gains, with contracts 80 cents to $3.70/ton...
Wheat Continuing Trend Higher to Start Thursday
The wheat complex is posting sightly higher after a round of overnight trade. Wheat continues to lead the grains bull charge this week. Kansas City futures were up 10 ¾ to 16 ¾ cents on the session. Chicago contracts were up 9 ½ to 12 cents at the close. Spring...

The CME Group Intercontinental Exchange