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Cash Bids
Oklahoma USDA Newswire
Weather Radar
Commentary
- Soybeans Holding onto Gains at Midday
- Soybeans are pushing higher so far on the Friday session, as contracts are 7 to 10 cents. The national front month Cash Bean price from cmdtyView is 9 ¼ cents higher at $9.78 3/4. Soymeal futures are up $4.90/ton, with Soy Oil futures back down 8 points so far on...
- Hogs Near Unchanged on Friday
- Lean hog futures are showing steady trade on Friday, with contracts down 5 cents to 10 cents higher. USDA’s national average base hog negotiated price was reported at $88.03 this morning, up $2.39 from the previous day. The CME Lean Hog Index was up another 98 cents on February 12...
- Corn Sneaking Higher on Spillover Support
- Corn is getting spillover support from a sharp rally in the wheat market on Friday, as futures are up 3 cents in the front months and down fractionally in the new crop. CmdtyView’s national average Cash Corn price is up 3 cents at $4.63 3/4. The markets will be closed...
- Cotton Higher on Friday
- Cotton futures are up 19 to 22 points in the nearbys so far on Friday. Crude oil futures are down 58 cents/barrel higher on the day, with the US dollar index $0.646 lower. The markets will be closed on Monday for President’s Day, with a normal open for the Tuesday...
- Wheat Rallying Ahead of 3-day Weekend
- The wheat market is gathering some steam at Friday’s midday, rallying across the three exchanges. Cold temps in parts of the US with little now cover, as well as the Black Sea growing regions and the potential for some winter kill in the coming week is giving the market some...
- Cattle Feeling Pressure Ahead of the Weekend
- Live cattle futures are fading off lower on Friday’s midday, as a weaker cash market continues to add pressure. Contracts are 80 cents to $1.22. Cash trade for this week has settled in at $202-203 in the South and $203 in the North. Feeder cattle futures are slipping back 55...