Market News

Stars may align for soybean oil market this summer
Walsh TradingTue Jul 8, 7:12PM CDT
Soybean oil was the only grain market that was higher today, July 8. When one grain market goes up while the others go down, that catches my attention. Soybean oil is an agricultural market with strong base demand. In its July 3 MarketIntel newsletter, the American Farm Bureau Federation says...

Cotton Pushes Lower on Tuesday
BarchartTue Jul 8, 5:28PM CDT
Cotton futures fell another 50 to 75 points lower on Tuesday. Crude oil was up another 32 cents/barrel at $68.25, with the US dollar index $0.014 higher to $97.155. Weekly Crop Progress data showed the US cotton crop at 48% squared, with 14% setting bolls, both 1% behind average. Condition...

Soybeans Losses Extend to Tuesday
BarchartTue Jul 8, 5:28PM CDT
Soybeans posted 3 to 10 ¼ cent losses across most contracts on Tuesday. The cmdtyView national average Cash Bean price was down 8 3/4 cents at $9.81. Soymeal futures were down $1.30 to $1.90/ton, as Soy Oil was up 4 to 18 points. USDA reported a private export sale of...

Corn Falls to New Contract Lows with September Below $4
BarchartTue Jul 8, 5:28PM CDT
Corn futures closed the Tuesday session with contracts down 5 to 7 cents, as September fell below the $4 mark. The front month CmdtyView national average Cash Corn price was down a nickel at $3.84. USDA reported a private export sale of 112,776 MT of corn to Mexico this morning,...

Cattle Rally into Tuesday’s Close
BarchartTue Jul 8, 5:28PM CDT
Live cattle futures were $3.20 to $4.07 higher on Tuesday. Cash trade saw very light $225 Southern action reported on Tuesday, with last week’s sales of $230-232 in the North and $222-225 in the South. Feeder cattle futures continued the week’s rally, with gains of another $5 to $5.90. The...

Wheat Losses Extend to Tuesday
BarchartTue Jul 8, 5:28PM CDT
The wheat complex weakness leaked into the Tuesday trade, closing mostly lower across the three markets. Chicago SRW wheat was fractionally lower in most contracts. KC HRW contracts were 5 to 6 cents in the red on Tuesday. MPLS spring wheat saw losses of 6 to 8 cents at the...
National Watermelon Report
USDATue Jul 8, 5:11PM CDT
Click to view report fvdtvmelon.pdf in PDF format

Pure Hedge - Livestock and Grain
Walsh TradingTue Jul 8, 4:07PM CDT
New Contract Highs in the Fats and Feeders - New Contract Lows in the Corn

Grain Spreads: KC/Chicago Wheat
Walsh TradingTue Jul 8, 4:04PM CDT
Wheat Depressed as Chicago Advances Premium over KC
National Potato and Onion Report
USDATue Jul 8, 3:52PM CDT
Click to view report fvdidnop.pdf in PDF format