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National Newswire


Commentary
Wheat Heads Home Higher on Friday
The wheat complex posted Friday gains across the board. Chicago contracts were up 2 to 4 1/2 cents, with Kansas City HRW futures 6 to 8 1/2 cents higher. MPLS was up 2 to 5 ¾ cents at the close for the week. French soft wheat conditions were rated at...
Cattle Falls on Friday
Live cattle resumed the collapse on Friday, as contracts were down $1.25 to $2.77. No delivery notices were issued against April futures on Friday. Cash trade this week was reported @ $182 in the South, a $2 drop on the week, with Northern action also weaker at $293-295 in the...
Hogs Collapse into the Weekend
Lean hogs were down the limit at times on Friday, but saw June closing a tick off of it, with most contracts down $1.95 to $3.725 on Friday. April futures expired today. USDA’s National Average Base Hog price was down 45 cents in the Friday afternoon report at $86.60. The...
Cotton Slips Lower into Friday Close
Cotton futures were down 17 to 75 points in most contracts on Friday’s close. Crude oil backed off the early strength to close with gains of just 44 cents. The US dollar index was up 756 points on the day. The Cotton On-Call report from CFTC showed unfixed call sales...
Soybeans Bounce into the Weekend
Soybean posted stronger trade action on Friday as contracts rallied 10 to 15 cents into the close. They still posted some weakness this week as May lost 11 cents and November was down 8 ½ cents. Soymeal futures were up $5.40 to $8.20/ton in the nearbys. Soy Oil continued to...
Corn Recovers for Friday Rally
Corn futures settled the Friday session with contracts up 6 to 7 cents in most front months. May futures ended the week with a slight 1 ¼ cent gain, as December was down ½ cent. Safras & Mercado trimmed their Brazilian corn crop estimate by 0.27 MMT to 125.86 MMT....

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