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Market Snapshot
Quotes are delayed, as of July 03, 2025, 12:13:59 AM CDT or prior.
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Commentary
- Hogs Turn Higher on Wednesday
- Lean hog futures saw marginal strength of 40 to 95 cents on the Wednesday session. USDA’s national base hog price was back up 51 cents in the Wednesday afternoon report, with negotiated trade at $112.06. The CME Lean Hog Index was down 77 cents at $110.99 on June 30. USDA’s...
- Cotton Bulls Gain Ground on Wednesday
- Cotton futures closed out the Wednesday session with contracts up 40 to 60 points. Crude oil was up $2.09/barrel at $67.54, with the US dollar index $0.032 lower to $96.435. Earlier today, President Trump announced a trade deal with Vietnam, stating the country is charging no tariffs on US goods....
- Corn Posts Double Digit Strength on Wednesday
- Corn futures found some strength on Wednesday, with some squaring things up ahead of the three day weekend. Contracts were up 9 to 12 cents. The front month CmdtyView national average Cash Corn price was up 11 3/4 cents at $4.03 1/2. Thursday will be the last trade day of...
- Wheat Rallies into the Close
- Wheat bulls were pushing things higher on Wednesday, with gains across all three markets. Chicago SRW wheat posted 15 to 19 cent gains on Wednesday. There was 1 contract issued against CBT wheat overnight. KC HRW contracts were 11 to 12 cents in the green at the final bell. There...
- Cattle Bulls Push Back on Wednesday
- Live cattle futures pushed higher into the Wednesday close, with contracts up $1.70 to $1.90 in the nearbys. The Wednesday morning Fed Cattle Exchange online auction showed $218 bids on 984 of the 1,064 head offered, with another BidTheGrid™ sale at $228 in IA. Outside of that, sales of $230-231...
- Soybeans Rally on Wednesday
- Soybeans were in rally mode on Wednesday, with contracts up 20 to 26 cents on the day. The cmdtyView national average Cash Bean price was up 23 3/4 cents at $10.12 1/2. Soymeal futures were $2.90 to $4.10 higher on the day, as Soy Oil was up 110 to 140...
