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Oklahoma USDA Newswire
Weather Radar
Commentary
- Hogs Rally on Tuesday
- Lean hog futures saw gains of $1.70 to $2.10 on Tuesday. USDA’s national base hog price was not reported on Tuesday afternoon, with the 5-day rolling average at $89.82. The CME Lean Hog Index was 22 cents higher on Feb 20 at $88.17. USDA’s pork carcass cutout value from the...
- Wheat Eases Lower on Tuesday
- The wheat complex was weaker on Tuesday. Chicago SRW futures were steady to 2 cents lower. KC HRW futures are down 5 to 6 cents in the front months on Tuesday. MPLS spring wheat were 1 to 3 cents weaker. Precip will be limited in the Southern Plains over the...
- Cattle Close Mixed on Tuesday
- Live cattle futures posted mixed action on Tuesday, with contracts up a dime to 15 cents lower. Cash trade has been quiet so far this week, with last week at $246-249 in the North and some southern trade up to $249. Feeder cattle futures were up 50 to 85 cents....
- Cotton Rebounds Higher on Tuesday
- Cotton futures posted 35 to 42 point gains across most contracts on Tuesday, with March unchanged on thin trade. Crude oil futures were down 18 cents per barrel on the day at $66.13. The US dollar index was up $0.194 at $97.835. The Seam showed sales of 6,714 bales sold...
- Corn Close Mixed on Tuesday
- Corn futures came back to close mixed on Tuesday, with front months March up ¼ cent and other contracts down 1 to 2 cents. The CmdtyView national average Cash Corn price is down a penny to $3.93 1/2. With just 3 days left for price discovery for the spring base...
- Soybeans See Gains on Tuesday
- Soybeans posted gains of 4 to 5 ½ cents in most front months on Tuesday. The cmdtyView national average Cash Bean price was up 5 1/2 cents at $10.75 3/4. Soymeal futures were up 20 cents to $2 in the front months, with. Soy Oil futures up 42 to 64...