Cash markets are strong and a relaxing of tensions in the world drive prices higher

Wheat futures were lower on Monday, with contracts falling across the three markets. Chicago SRW futures were down 7 to 8 cents across most front months. Kansas City HRW contracts were 4 to 5 cents lower on the session. Minneapolis spring wheat futures ere 9 to 12 cents in the...

The corn market posted sharp losses of 8 to 12 cents across most contracts on Monday. The front month CmdtyView national average Cash Corn price was down 9 3/4 cents at $4.11 1/4. After a Friday rally, crude oil gave some of the gains back, down $1.54/barrel. After the Monday...

Wheat futures were lower on Monday, with contracts falling across the three markets. Chicago SRW futures were down 7 to 8 cents across most front months. Kansas City HRW contracts were 4 to 5 cents lower on the session. Minneapolis spring wheat futures ere 9 to 12 cents in the...

Lean hog futures saw gains of $1.97 to $2.55 on Monday after gapping higher at the open. USDA’s national average base hog negotiated price was reported at $106.12 on Monday afternoon, up $1.17 from the day prior. The CME Lean Hog Index was up $1.06 on June 12, at $102.81....

Soybean futures held on to the gains late in the day, as contracts were steady to 5 cents higher at the close. The cmdtyView Cash Bean price was 1/4 cents lower to $10.20 1/4. Soymeal futures fell $7.90 to $8.10/ton, as the EPA announcement is not friendly for the other...

Live cattle futures posted gains of $1.925 to $3.10 on Monday, taking back some of Friday’s weakness. Cash trade has yet to get kicked off this week. It was reported at $235 in TX and $233-238 KS last week, with northern trade at $380 dressed and $240-242 live trade in...

Cotton futures were up 8 to 33 points higher. Crude oil was back down $1.54/barrel, as futures are giving some risk premium back as Iran there was light talk of negotiations. The US dollar index was back down $0.396 to $97.780. The weekly Crop Progress report indicated that the US...

Live cattle futures posted gains of $1.925 to $3.10 on Monday, taking back some of Friday’s weakness. Cash trade has yet to get kicked off this week. It was reported at $235 in TX and $233-238 KS last week, with northern trade at $380 dressed and $240-242 live trade in...

At the Chicago Mercantile Exchange, live and feeder cattle were sharply higher, supported by the recent fundamentals.  August live cattle closed $3.10 higher at $215.55 and October live cattle closed $2.97 higher at $212.90.  August feeder cattle closed $3.80 higher at $310.22 and September feeder cattle closed $4.02 higher at...