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Quotes are delayed, as of March 29, 2023, 03:21:02 PM CDT or prior.

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Market Commentary
Cotton Fading Triple Tuesday’s Gains
So far through midday the cotton market is backing off with 49 to 66 point weakness following the limit gains from the May contract on Tuesday. The 3/28 Cotlook A Index was 280 points higher to 93.85 cents. The Seam reported 3,574 bales sold for 3/27 at 69.97 cents/lb. The...
Triple Digit Losses in Hog Futures
After Monday’s continuation from last week’s late rally, the hog market is back to net red for the week via triple digit losses so far for Wednesday. The front months are trading $0.90 to $1.95 in the red so far. The National Average Base Hog price was 9 cents firmer...
Wednesday Cattle Futures Higher at Midday
Live cattle futures are trading through the midweek session’s midday with 42 to 72 cent gains. April was within $1 of the contract high earlier in the session. The midweek FCE auction had 1,233 head listed with no sales. Bids were capped at $163, while the feedlots were looking for...
Wheat Market Mostly Higher thus far
Midweek wheat futures are mixed but mostly higher at midday. Chicago futures are trading with 5 1/2 to 6 1/2 cents higher. KC wheat has a fractional loss in the March ’24 contract, as the other nearbys are fractionally to 3 3/4 cents higher. Spring wheat futures are trading mostly...
Mixed Midday for Soy Futures
The soybean futures market is mixed with 1 to 2 1/2 cent weakness from the new crop contracts and fractional to 8 1/2 cent gains in old crop. May beans are only 2 cents off their high from an 11 3/4 cent range so far. Soybean meal has also turned...
Corn Holding Fractional Gains
Front month corn futures are fractionally to 1 3/4 cents higher at midday. The board was up by nearly a dime earlier in the trade session. With the Goldman Roll and other index moves starting next week, traders were liquidating May longs on Tuesday, with OI in that month down...

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