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Quotes are delayed, as of February 11, 2025, 07:25:58 PM CST or prior.
Danbury
Commentary
- Soybeans Fall on Tuesday, Despite Tightening World Stocks
- Soybeans slipped lower on Tuesday despite tightening world supplies per USDA data, as contracts closed with 2 to 6 cent losses, led by the front months. CmdtyView’s national front month Cash Bean price was down 6 cent at $9.82 3/4. Soymeal futures were down $3.60/ton, as they failed to find...
- Cattle Fall on Tuesday, as Early Cash Trade Comes in Weaker
- Live cattle futures were back to sell mode, as the longs were back to taking money off the table on Tuesday. Contracts were down $1.50 to $2.20 at the close. There were no deliveries issued again on Tuesday for February live cattle. Cash trade has started to creep in at...
- Hog Bulls Hold Gains into Tuesday’s Close
- Lean hog futures found continued buying into the close on Tuesday, as contracts were up $1 to $1.35. USDA’s national average base hog negotiated price was reported at 88.55 in the Tuesday PM report. The CME Lean Hog Index was up 36 cents from the previous day on February 7...
- Wheat Fails to See Strength on Bull Friendly USDA Report
- The wheat market posted losses across the three exchanges on Tuesday, failing to see any follow-through buying on bull friendly USDA data. Chicago SRW futures were down 1 to 2 ½ cents on the day despite midday gains. KC HRW futures faced some pressure, as contracts were 4 to 5...
- Corn Falls into the Close Despite Smaller South American Crops
- Corn futures failed to see much positive reaction post-USDA report on Tuesday, despite a cut to both the Argentina and Brazilian crops. Contracts closed with losses of 6 to 8 cents in the front months and a penny lower in new crop December. The national average Cash Corn price from...
- Cotton Bulls Looks Past Bearish USDA Data on Tuesday
- Cotton futures largely ignored the larger projected stocks from the USDA on Tuesday, with contracts holding onto gains of 67 to 86 points into Tuesday’s close. The outside markets were supportive factors on Tuesday. Crude oil futures were up 86 cents/barrel, with the US dollar index back down $0.413 on...
