News

Banking Committee's Sen. Rounds liked Warsh's 'tone' in first testimony as Fed chairman

Federal Reserve Chair Kevin Warsh was on Capitol Hill for two days of testimony this week.

Corn Extending Strength to Thursday AM Trade

Corn price action is up 2 to 3 cents so far on Thursday morning. Futures posted gains of 5 to 9 cents across the board at the close on Wednesday, getting spillover support from near limit gains in wheat. Open interest was up 7,799 contracts on Wednesday, suggesting new buying....

Cattle Look to Thursday Trade, Following Weaker Beef and Cash Trade

Live cattle futures closed with $1.30 to $2.82 losses on Wednesday. Open interest was down 3,922 contracts, suggesting length was continuing to come out. Cash trade started to pick up this week, with a few light northern sales of $378-380 dressed and live action reported at $235-240 by USDA. Feeder...

Soybeans Posting Early Thursday Gains

Soybeans are trading with Thursday morning gains or 3 to 5 cents. Futures were up 7 ½ to 11 cents at the Wednesday close. Open interest data suggested modest new buying interest, rising 3,344 contracts. The cmdtyView national average Cash Bean price was up 8 3/4 cents $11.55 1/2. Soymeal...

Wheat Showing Modest Thursday Morning Gains

Wheat is continuing its climb on Thursday morning, with contracts fractionally to 4 cents higher across the three exchanges. The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2...

Hog Bulls Look for Follow-Up on Wednesday Gains as Pork Firms

Lean hog futures posted gains of $1.05 to $2.35 across most contracts on Wednesday, with July up 7 cents on expiration. USDA’s national base hog price was reported at $100.66 on Wednesday afternoon, up $2.10 from the day prior. The CME Lean Hog Index was 76 cents higher on July...

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SLGN

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ULTA

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OGE

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RSG

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