General News Headlines
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- Wheat Posts Wednesday Gains at the Close
- The wheat market held onto some gains on the Wednesday session with spring wheat leading the charge. Chicago SRW futures were up 1 to 2 cents at the close. Kansas City HRW contracts are were firmer, with just fractional gains on the day. Minneapolis spring wheat futures were the bull...
- Cotton Gives into Weakness on Wednesday
- Cotton futures closed Wednesday with contracts down 22 to 26 points in the front months, as the outside markets were mixed. Crude oil prices were back up $0.96 on the day, with the US dollar index $0.390 higher to $99.815. Weekly NASS Crop Progress data showed 52% of the crop...
- Cattle Continue Pullback to Wednesday
- Live cattle futures posted Wednesday losses $1 to $1.20 in the front months. Cash trade this week has been slow, with very light trade picked up in KS at $220 today. The Wednesday morning Fed Cattle Exchange online auction showed no sales on 1,546 head offered, with bids ranging from...
- Corn Posts Weakness on Wednesday
- Corn futures closed out the Wednesday session with weaker trade, as contracts were down 3 to 8 ½ cents at the close. A light news day and rains in the forecast added to some bearish movement. The front month CmdtyView national average Cash Corn price was down 8 1/2 cent...
- Hogs Post Triple Digit Pop on Wednesday, as Cash Strengthens
- Lean hog futures were $1.15 to $1.35 higher on Wednesday. USDA’s national average base hog negotiated price was reported at $98.29 on Wednesday afternoon, above the 5-day rolling average at $96.98. The CME Lean Hog Index was up another 11 cents on May 26, at $93.05. USDA’s FOB plant pork...
- Soybeans Pullback into Wednesday’s Close
- Soybean futures settled Wednesday with 12 to 14 cent losses, as weaker products and lack of bullish news sent the market lower. The cmdtyView Cash Bean price was down 13 1/4 cents to $10.02 3/4. Soymeal futures were down $1.90 to $2.60/ton on the day, with Soy Oil futures 44...
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