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USDA Newswire
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Commentary
Cotton Market Falters Triple Digits -
Friday’s trading pulled cotton futures back 278 to 543 points after Thursday’s triple digit bounce. The old crop July contract was the weakest Cattle Fade into the Weekend -Fat cattle prices ended the day with a 7 cent gain in June to 42 to 57 cent losses in the other nearbys. The spot futures price to Feb ’23 stayed Triple Digit Friday for Lean Hog Rally -Following the mid/late April to mid May weakness, lean hogs have bounced back more than $10 with another $1.10 to $3.57 of that coming on Friday’s Corn Market Fades into Weekend -Afternoon position squaring pulled corn prices off their daily lows, but the board still went home 3 1/2 to 4 1/2 cents in the red. The July/Dec Double Digit Gains for Beans -The last trade day of the week moved soybean futures 6 3/4 to 14 3/4 cents higher. Old crop prices led the way, widening the nearby premium to $1.83 Third Consecutive Double Digit Loss for Wheat -Wheats fell double digits for the third session in a row, after the July contracts printed new highs on Tuesday. Chicago wheat closed 26 1/4 to 31 Full commentary...Cash Prices
USDA cash bids updated on May 20, 2022
National Newswire
Chicago, Illinois (60604)
Forecast
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Softs
Quotes are delayed, as of May 22, 2022, 02:34:53 PM CDT or prior.
Livestock
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Energy
Quotes are delayed, as of May 22, 2022, 02:34:53 PM CDT or prior.
Power
Quotes are delayed, as of May 22, 2022, 02:34:53 PM CDT or prior.
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