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Quotes retrieved on November 25, 2020, 07:49:06 PM CST

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Kensington, Kansas (66951)
Current Conditions Clear
Temperature 44°F
Dew Point 26°F
Pressure 29.88 in. Hg
Humidity 49%
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Market Commentary
Soybean Traders Take Money Off the Table Ahead of the Holiday
Soybeans futures settled with 7 to 8 ¼ cent losses in the front months on Wednesday. The 7 ¼ cent losses was the largest move lower for Jan futures since October 28. Soybean meal was down 30 cents/ton, with bean oil 14 points higher. The weekly Export Sales report, pushed...
Cattle Beef Up Ahead of Thanksgiving
Live cattle futures saw gains of 17 to 35 cents in the nearby contracts on Wednesday. Feeder cattle futures posted triple digit gains in the front months, with help coming from losses in the gran complex. The 11/24 CME Feeder Cattle Index was $137.30, up 18 cents from the previous...
Cotton Closes Lower on Wednesday
Cotton futures were 54 to 63 points in the red on Wednesday, continuing a retreat from new highs set on Monday. The markets will be closed on Thursday, with no overnight session on Thursday night. They will resume on Friday morning, with an early close. USDA’s Export Sales report is...
Wheat Posts Double Digit Losses on Wednesday
Wheat futures took a nosedive in the winter wheat contracts on Wednesday, with MPLS down 7 to 9 ¾ cents. Nearby Chicago was down 24 cents on the day, the largest single day drop since August 12, 2019. KC was down 18 cents. Egypt’s GASC apparently noticed and issued an...
Corn Head into Turkey Break Lower
Corn futures closed the pre-Thanksgiving session with 5 ¼ to 5 ¾ cent losses in the front months. Trading will resume Friday morning at 8:30 CST. EIA data for the week of 11/20 showed ethanol production 28,000 bpd higher than the previous week at 990,000 bpd, the largest since BC...
Hogs Head Higher into the Holiday
Lean hog futures ended the Wednesday session with gains of 67 cents to $1.07 in the nearby contracts. December Pork Cutout futures were $1.07 higher on Wednesday. The CME Lean Hog Index for Nov 23 was down 13 cents at $67.70. USDA’s National Average Base Hog price was down 50 cents...

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