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Market Snapshot
Quotes are delayed, as of June 17, 2024, 07:00:42 PM CDT or prior.

Commentary
Cattle Close Mixed Despite Strong Start
Live cattle futures were mixed to round out the Monday session, with June being held up by the cash market, up 22 cents. The rest of the front months are down 2 to 37 cents. Cash trade was strong last week, with a few sales at $186 reported in KS...
Cotton Post Monday Losses
Cotton futures slipped lower on Monday with contracts down 8 to 137 points across the board. Pressure was likely coming from precip totals expected across parts of TX over the next week, favorable for crop conditions. An update on the crop from NASS showed cotton 90% planted, 1% below average....
Hogs Rally to Begin Monday
Lean hog futures rallied on Monday with contracts up 37 cents to $1.72 on the day. The CME Lean Hog Index was down 14 cents at $91.44 on June 13. USDA showed the National Base Hog was not reported on Monday afternoon due to light volume this early in the...
Soybeans Closes Near the Lows
Soybeans leaked lower for much of the Monday session, as contracts were down 13 ¼ to 22 ¼ cents across the board. Soymeal futures were down $5.90 to $8.50/ton to pile on the pressure. Soy Oil futures found 1 to 5 point strength in the front months, helped by more...
Wheat Collapses to Start the Week
The wheat complex continued its steep descent on Monday, with double digit losses across all three exchanges. Kansas City contracts were leading the bear charge, with contracts down 13 to 22 cents. Chicago was right behind with losses of 9 to 21 ¼ cents to start the week. MPLS spring...
Corn Falls into Monday’s Close, USDA Shows Drop in Ratings
Corn futures picked up where they left off on Friday, as contracts were down 4 ¼ to7 ½ cents across the board on Monday. Pressure was from the double-digit losses in wheat and beans. Weather forecast over the next week calling for rainfall in the WCB were easing prices to...

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