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Market Snapshot
Quotes retrieved on August 15, 2018, 06:22:45 AM CDT

Commentary
Wheat
Wheat futures were anywhere from 1 1/4 to 8 1/4 higher today, with SRW the strongest. Improved crop condition ratings and rapid harvest kept a lid on spring wheat buying in Minneapolis. The winter wheat crop was 96% harvested on 8/12 (96% avg), with ...
Cattle
Live cattle futures settled 7 to 77 cents higher on Tuesday. Feeder cattle futures were mixed with nearby Aug up 27 cents and back months as much as 57 cents lower. The CME feeder cattle index was down 48 cents from the previous day on 8/13, at $150....
Corn
Corn futures settled 4 1/4 to 6 cents higher on Turnaround Tuesday. A slight decline in crop conditions was supportive, and a stronger USD was ignored. The USDA Crop Progress report indicated that 73% of the US corn crop was in the dough stage as of ...
Lean Hogs
Lean hog futures settled 52 cents lower to 12 cents higher, with only August in minus territory. The CME Lean Hog Index was down $1.76 on August 10, to $58.28. The USDA pork carcass cutout value was down $1.27 from the previous day at $69.74 on Tuesd...
Cotton
Cotton futures went home 6 points lower to 28 points higher. Monday’s Crop Progress report showed 17% of the Texas cotton crop’s bolls were opening as of Sunday, with the average at 12%. Condition ratings in TX fell another 9 points to 24...
Soybeans
Soybean futures settled 7 1/2 to 11 cents higher. Nearby soy meal was up $8.30/ton, with soy oil 15 points lower. Reports of Brazilian producers plowing up sugar cane fields to plant more soybeans are being ignored. China continues to pay a huge FOB...

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