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Oklahoma USDA Newswire

Market Overview
Quotes are delayed, as of September 27, 2023, 04:22:06 PM CDT or prior.

Weather Radar

Cattle Adding to Pullback through Wednesday
Fat cattle futures are off their lows and trading mixed through midday. The 2023 contracts are up by less than 40 cents, as the other nearby contracts are down by as much as 90 cents. Feeders are extending the pullback with another triple digit loss so far. Front month futures...
Wheat Futures Dropping Double Digits
The Chicago wheat market is holding relatively firm with 1.1% to 1.6% losses of as much as a dime. The hard reds are trading 1.6% to 1.9% lower in Minneapolis and 1.8% to 2.5% lower in KC so far for Wednesday. Survey respondents are looking for FAS to report between...
Meal Fading on Higher Beans and BO
Midweek soy trading has meal prices back in the red after initial gains overnight. Losses for the front month Soymeal futures are $3.10 to $3.30/ton. Soybean futures are gaining as much as 7 cents across the front months, though Nov is 13c off the high on a 2c gain for...
Midday Gains in Hog Market
So far for Wednesday the lean hog trade is 45 to 80 cents in the black. October is ~60 cents off the session high for midday. USDA’s National Average Base Hog price was $76.72 on Wednesday morning, with no comparison from Tuesday AM. The Tuesday afternoon quote was $76.88. The...
Midweek Gains in Cotton Market
Nearby cotton futures are up by 47 to 70 points. Dec is off the high at midday by 75 points so far. The Cotlook A Index was back up by 195 points to 98.35c for 9/28. The Seam reported 4,009 bales were sold online at an average gross price of...
Corn Prices Gaining on Wednesday
Front month corn futures are trading up a nickel in the Dec contract, and 4 ¼ to 4 ¾ cents higher in the other nearbys. Dec is at the high for the day into the midday prints. EIA reported the average daily ethanol production was 1.009 million barrels during the...

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