POTOSI, Mo. – Emergency crews rushed to Washington County, Missouri, after at least one tornado swept through the area on Wednesday, causing significant damage outside of St. Louis. First responders reported that numerous homes in the region, particularly around the county seat of Potosi, were impacted by the tornado, possibly...
Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses of 1 to 2 cents on the day. Kansas City HRW contracts settled with 3 to 4 cent gains on Wednesday. MPLS spring wheat was...
Cotton futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US dollar index was $0.614 lower on the day, mostly coming following the tariff announcement. President Trump’s “Liberation Day” tariffs came with reciprocal tariffs on Pakistan...
Live cattle futures were rallying into Liberation Day, with contracts up $1.25 to $2 at the close. This morning’s Fed Cattle Exchange online auction from Central Stockyards showed sales on 2 lots totaling 397 head (of the 1,408 listed) at $210. Feeder cattle futures ended the midweek session with contracts...
Lean hog futures posted mixed trade on Wednesday, with contracts down 35 to 50 cents in the nearbys and pulling off their lows into the close. Nearby April was up 7 cents. The USDA national average base hog negotiated price was up 62 cents from the day prior at $88.88...
Grains and cattle are higher early, with hogs mixed.Brad Kooima of Kooima Kooima Varilek says cattle futures recovered nicely from Friday’s selloff with some contracts making new highs for the move, pricing in record cash cattle trade.Cash trade in...
Grain and livestock futures end mostly lower on Friday in a commodity wide selloff.Randy Martinson, Martinson Ag, says corn and soybeans saw early pressure as both markets ran up into chart resistance which triggered profit taking.March corn ran into...
Grain and livestock are mostly lower early Friday, except nearby live cattle.Allison Thompson with The Money Farm says corn and soybeans both ran up into chart resistance and are seeing some profit taking by technical traders.However, after a 60 cent...