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Market Snapshot
Quotes retrieved on October 26, 2020, 02:08:50 PM CDT
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Local Weather
Garden City, Kansas (67846)
Forecast
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Commentary
Wheat Down Double Digits -
After the weekend break wheat futures are down double digits. KC HRW is the weakest, following welcome snow fall and anticipated heavy rains in the Hogs Weaker again at Midday -Continuing to the downside at midday, lean hog futures are 2 to 37 cents weaker. The Fresh Bacon Index was $7.95 higher for the week, to $222.45. Beans Trading Both Side at Midday -Soybean futures are trading with midday losses of 1 1/2 cents to 4 1/4 cents. The deferred contracts are down the most so far. Soymeal futures are Corn Lower Out of Weekend -After last week’s gains, midday corn futures trading is giving back 1 1/2 to 2 3/4 cents. The weekly Export Inspections report showed 636,290 MT Cotton Adding more to Upside -Cotton futures are up 64 to 75 points so far today. CFTC data showed managed money’s net long increased 5,253 contracts to 65,195 on 10/20. Last Ag Market Commentary -After last week’s gains, midday corn futures trading is giving back 1 1/2 to 2 3/4 cents. The weekly Export Inspections report showed 636,290 MT Full commentary... |
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