Commentary
Cattle Closes Mixed, CoF Data Seen as Bull Friendly
Live cattle closed the Friday session with most contracts steady 30 cents higher ahead of the Cattle on Feed report. A few 2025 contracts were down a nickel. Cash action picked up in Friday, with some $183 live and $292 dressed action reported in the North, down $1 from last...
Soybeans Recover on Friday with Double Digit Front Month Gains
Soybeans posted 7 ¾ to 16 ¾ cent gains across the board on Friday to ease the week’s losses. Soymeal was up $3.50 to $5.80 heading into the weekend. Soy Oil saw 16 to 28 point gains on the day. A private export sale ofo121,500 MT of soybeans was reported...
Wheat Posts Gains on Friday, Led by Chicago
The wheat market was on a rally train on Friday, as Chicago led the complex with 13 ½ to 17 ¼ cent gains. Kansas city tagged along on the bull fun, with contracts up 4 ¼ to 7 ¾ cents at the close. MPLS spring wheat contracts pushed 5 to...
Hogs Rally into Weekend
Lean hogs posted gains of as little as 60 cents in the deferred contracts to $2.27 in the nearbys. USDA’s National Average Base Hog negotiated price was down $1.29 in the Friday afternoon report at $88.49. The CME Lean Hog Index was another dime higher at $91.46 on April 17....
Corn Rally into Weekend with Export Business and EPA Announcement
Corn futures closed out the week parring back the losses on Friday, as contracts were up 3 ½ to 6 ¾ cents across the board. May was up 6 ¾, with December up 6 ¼ cents to close out the day. The EPA today issued an emergency waiver to allow...
Cotton Ends the Week on a Higher Note
The cotton market was mostly higher on Friday, with the exception to a couple ’25 contracts. Most were up 3 to 59 points on the day, led by the nearbys. Crude oil futures had a volatile Friday session and closed up 46 cents after collapsing of the overnight highs. That...



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