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Troy and Bloomfield
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AG Market Commentary
- Corn Mixed at the Monday Close
- Corn settled the Monday session with mixed action, as Nearby Dec was up 1 ½ and a few other deferreds steady to fractionally higher. The rest of the old crop contracts were fractionally lower. The national average Cash Corn price from cmdtyView was down 3 cents at $4.04 1/2. USDA’s...
- Soybeans Fall on Monday as Record Crush Reported After the Close
- Soybeans posted weakness to start the week, with losses of 4 to 5 ½ cents across the board. CmdtyView’s national front month Cash Bean price was down 3 cents at $9.36. Soymeal futures added to the pressure down 40 cents to $4/ton on the day. Soy Oil futures were also...
- Wheat Closes Monday Mostly Lower
- The wheat complex was mostly lower across the three exchanges, with the nearby Dec winter wheats seeing gains. Chicago SRW futures were down fractionally to 2 ½ cents, with Dec up 5 ¼ cents. KC HRW contracts closed with fractional losses across most contracts with Dec the lone exception, up...
- Hogs Rally on Monday as Specs Expand Record Net Long
- Lean hog futures closed out the Monday session with deferreds steady to up $1.72 in the nearbys. The national average base hog negotiated price was reported at $83.97 on Monday afternoon, up 18 cents from the day prior. The CME Lean Hog Index was reported at $85.21 on November 27,...
- Cotton Slips Lower on Monday
- Cotton futures closed out the Monday session with contracts down 31 to 46 points and Dec down 92 points. The outside markets were mixed factors, with the US dollar index up 567 points and crude oil up 15 cents. USDA’s monthly Cotton Systems report showed 180 RB of domestic cotton...
- Cattle Fall on Monday, with Feeders Leading the Losses
- Live cattle futures settled the start of the week with Monday losses of 17 to 75 cents. Cash trade was reported last week with $188-190 sales in the South and $190-192 in the North. Early action this week has been mostly compiling showlists. Feeder cattle posted losses of $2.02 to...
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