Market Snapshot
Quotes retrieved on May 24, 2019, 07:18:31 AM CDT
Commentary
- Wheat Mostly Lower on Thursday
- Wheat futures settled Thursday with MPLS contracts 7 to 9 1/2 cents lower, as KC was down 1 to 7 cents. CBT was down 1 to 2 1/2 cents in the front months but saw gains in the deferred contracts. Wheat is also on the list for this round of MPF payment...
- Soybeans Lower as MFP Payments Announced
- Soybean futures ended the Thursday session with most nearby contracts 7 to 7 1/4 cents lower. July soy meal was down $1.10/ton, with soybean oil 53 points lower. The 2019 version of MFP payments will include $14.5 billion in direct payments to produc...
- Cotton Higher on Export Sales Data
- Cotton futures posted 48 to 73 point gains in most contracts on Thursday. Export sales of upland cotton were reported at 381,426 RB for old crop, a MY high and well above last year. India purchased 98,500 RB, with Turkey at 93,200 RB, as China cancel...
- Hogs Mixed Despite Solid Export Sales Data
- Lean Hog futures were mixed at Thursday, with the front months down 10 to 22.5 cents and deferred contracts slightly higher. The CME Lean Hog Index was up 2 cents from the previous day @ $84.39 on May 21. The USDA pork carcass cutout value was down $...
- Corn Closes Lower as Trade Aid May Affect Prevent Plant Acres
- Corn futures closed lower for the first time in 9 sessions, with most contracts down 1 to 5 1/4 cents. USDA reported that this year’s MFP payment will be based on single county rates multiplied by aggregate acres of the 29 listed crops affected...
- Cattle See Green on Thursday
- Live cattle futures saw 5 to 25 cent gains in most contracts on Thursday, with Feb 2020 down a tick. Feeder cattle futures were steady to 42.5 cents higher on the day, as May expired at $135.60. The CME feeder cattle index was up $1.54 to $133.70 on ...
National Newswire
- 3 Big Things Today, May 24
- Lawmakers reach agreement on disaster package
- Rice – Better Planting Weather – The Last Big Push Starts In Midsouth – AgFax
- Trump comments on MFP-2 trade aid
- Corn Acres Lead Crops Using GPS Guidance Systems
- Corn: U.S.-China Trade Conflict Pulled Prices 20 Cents Lower
- Kansas Corn, Soybeans: Spring Weather Creates Challenges
- Moving Grain: Barge Shipments Remain Low; Upbound Fertilizer Movements Increase
- Ag groups pleased with support for farmers impacted by trade disputes
- Rice: Lower U.S. Tariffs Have Ripple Effect, Turkey Reciprocates
Kansas USDA Newswire
- Kansas Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
- Central Kansas Terminal & Processor Daily Grain Report
- Western Kansas Grain Market Report
- Kansas City Grain Prices Spot FOB Rail
- Kansas City Truck Grain Bids
- 5 Area Daily Weighted Average Direct Slaughter Cattle - Negotiated
- Kansas Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
- National Daily Direct Slaughter Cattle Report - Negotiated Purchases - Summary
- Kansas Weekly Directly Slaughter Cattle - Formula, Grid and Contract Purchases
