Futures Market Overview

Jim covers the major weather drivers for soybeans, corn, wheat, cocoa, and natural gas.

Feeders slightly lower

Bearish WASDE For Soybeans. I Would Not Want To Be Long.

Live cattle saw initial weakness on Friday, as contracts closed with gains of 20 to 55 cents. Cash was mixed around this week, with the South seeing action anywhere from $183-185, and the North at $186-187....

The wheat complex saw stronger trade on Friday, with assistance from some bull friendly USDA numbers. Chicago contracts were up 18 ¼ to 26 cents across most active contracts. Kansas City futures were...

The cotton market closed with losses of 55 to 133 points across most contracts on Friday, despite USDA calling for a tighter carryout on old crop. The Friday afternoon Commitment of Traders report showed...

Lean hogs saw gains of 20 to 87 cents across most contracts on Friday, with May down 25 cents and sticking close to the index ahead of next week’s expiration. USDA’s National Average Base Hog negotiated...

Bean futures saw Friday action heading higher into the weekend, as contracts were up anywhere from 1 ¾ to 12 ¼ cents across the board. Soymeal futures were down $1-$2.40/ton. Soy Oil was in rally mode...