National Newswire
USDA Newswire
Market Snapshot
Quotes are delayed, as of December 01, 2023, 10:06:35 AM CST or prior.
Local Weather
Commentary
- Soybeans Starting Friday Weaker
- Soybeans are dropping 10 to 11 ½ cents in early Friday futures activity. The nearby soybean market settled 2 to 4 ¼ cents in the red on Thursday, though the new crop market was a penny higher. The Jan to Nov inverse is now less than 50c. Jan beans finished...
- Wheat Backing Off into Friday
- Wheat prices on Friday morning are reversing the trend for the week with a pullback into the weekend. Futures are currently down by 6 to 7 cents in Chicago, 9 cents in KC, and 8 to 9 cents in Minneapolis. The recovery in the wheat futures market continued on Thursday....
- Corn Fading to Red on Weekly Chart
- Corn prices are backing off in the AM portion of Friday with 2 ¼ to 3 ¼ cent losses to flip the board red rolling into the weekend. The Thursday session ended with corn futures 4 to 7 cents higher and a 2.7% gain in the Dec contract. March corn...
- Friday’s Cotton Trade Starting Red
- Thin conditions during the delivery process has the Dec contract down by 3 cents, and back to below Dec ’24. There have been 814 deliveries issued vs Dec cotton so far. The active futures are trading 30 points weaker on Friday morning. The front month cotton market ended with 44...
- Cattle Finished November with $12.80 Loss
- The final print of the month left the Feb cattle contract down by a net $12.80, following October’s $7.87 loss. The Thursday session itself also flipped the week’s net move back to red after live cattle closed $1.07 to $1.65 weaker. Feeders also fell on the day with 0.7% losses...
- $12 Trading Range for Hogs During November
- Hogs rounded out the last trading day of Nov $0.60 to $1.37 stronger on Thursday. That left the Feb contract with a $3.40 loss for the month, after an incredibly wide trading range from $65.80-$77.77. December hog futures closed Thursday 20 cents in the red, and closed the $7 ranged...
