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Cash Bids


Oklahoma USDA Newswire



Market Overview
Quotes are delayed, as of June 13, 2024, 09:19:30 PM CDT or prior.

Weather Radar
Forecast

Commentary
Cotton Mixed on Thursday, Strong Dollar Creates Friction
The cotton spreads reversed a little on Thursday, with new crop gaining on old crop for a change. Net changes were -39 to up 15 points. The US Dollar Index was back up 595 points on the day, after some cooler PPI data from this morning. Treasuries rallied and interest...
Soybeans Up Double Digits on Thursday, CONAB Lowers Estimate
Soybeans put up some double digit gains on Thursday, buoyed by soybean meal. Overall, futures were up 6 to 14 ½ cents for the day. Soymeal futures were up $2.70 to $8.10, led by July. Soy Oil futures settled 7 to 8 points higher in the nearby contracts. USDA announced...
Cattle Board Works Higher Despite Soft Export Interest
Live cattle futures were higher on Thursday. The CME shows net changes for the day of +$.50 to +$1.17. Cash trade activity has been quiet, with a few bids at $185 reported in KS and $193 in NE. Feeder cattle futures were hindered by higher feed costs, settling 5 to...
Wheat Futures Mixed on Thursday on Light USDA Export Sales Numbers
Chicago wheat futures saw a little bull spreading, with the front three months settling higher on Thursday. The back months, and all deliveries for KC and MGE were in the red. HRW continues to be the weak spot, which USDA’s higher production number on Wednesday did not help. KC contracts...
Corn Prices Up on Corn Belt Weather Concerns, Decent Export Sales
Corn prices rallied in somewhat linear fashion after the Export Sales report came out but took baby steps because CONAB raised its Brazilian production number. Net gains for the day were 4 ¼ to 7 ¼ cents. Export Sales were a positive, helping contracts to show 3 to 6 cent...
CME Hogs Struggle with Lower Cash and Cutout Values
Lean hog futures bulls still can’t find their footing. Prices were down $.27 to $1.35 on Thursday. Nearby June was helped by convergence heading into expiration. The CME Lean Hog Index was up 6 cents at $91.38 on June 11. USDA showed the National Base Hog weighted average price at...

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