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Wheat Fades Back on Wednesday

The wheat complex saw contracts fade lower on Wednesday. Chicago SRW contracts were steady to a penny lower at the close. KC HRW futures saw nearby July down a penny, with other contracts fractionally to 2 ¾ cents in th…

Stocks Rally as Falling Crude Prices Knock Bond Yields Lower

The S&P 500 Index ($SPX) (SPY) today is up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.82%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.50%. September E-mini S&P futures (ESU26) are up +0.56%, an…

Soybeans Fade Lower into the Midweek Close

Soybeans faded lower into the Wednesday close, with contracts down 6 ¾ to 9 cents on the day. The cmdtyView national average Cash Bean price was down 7 3/4 cents at $10.58 1/4. Soymeal futures were up 70 cents to $2.30 …

Cotton Faces Losses on the Wednesday Session

Cotton futures posted midweek losses of 187 to 247 points across the front months on Wednesday. Crude oil was down another $3.34/bbl to $69.87. The US dollar index was another $0.147 higher at $101.320.

Cattle Rally on Wednesday

Live cattle future rallied on Wednesday, with contracts up $1.07 to $2.95 across the board. This morning’s Central Stockyards Fed Cattle Exchange online auction saw 519 head sold of the 2,652 head offered, at $186 live …

Hogs Holding Mixed on Wednesday

Lean hog futures closed Wednesday with mixed trade, with front months down 30 to 52 cents and deferred contracts 10 to 40 cents higher. USDA’s national base hog price was reported at $95.56 on Wednesday afternoon, down …

Corn Slip Lower Late on Wednesday

Corn futures posted losses of 1 to 2 ¾ cents in the front months, with deferred contracts steady to ¾ cent higher. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $3.78 1/4.

Cotton Falling Lower on Wednesday

Cotton futures are trading with contracts down 46 to 55 points at the midday portion of the Wednesday session. Crude oil is rallying $1.44/barrel, with the US dollar index down $0.081 to $98.630.