Market Snapshot
Quotes retrieved on July 18, 2018, 01:26:29 PM CDT
Local Weather

Itasca, Texas (76055)

Current Conditions: Scattered Clouds
Temperature: 102°F Dew point: 63°F
Humidity: 28% Pressure: 29.96 in. Hg
Wind: 6 mph From: Southwest

Forecast

Wednesday

Hi: 104°
Lo: 80°
Thursday

Hi: 106°
Lo: 83°
Friday

Hi: 107°
Lo: 83°
Saturday

Hi: 105°
Lo: 82°
Sunday

Hi: 105°
Lo: 82°

Zip Code:

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Commentary
Cotton -

Cotton futures are currently steady to 14 points higher in the front months on Wednesday, on continued dryness seen for much of TX in the next week.

Lean Hogs -

Lean hog futures are down 27.5 to 77.5 cents at midday. The CME Lean Hog Index was down 65 cents on July 16, to $79.69. The USDA pork carcass cutout

Cattle -

Live cattle futures are showing sharp triple digit gains on Wednesday. Feeder cattle futures also sharply higher, with nearby Aug up $3.025. The CME

Wheat -

Wheat futures are mostly steady to marginally higher in the CBT and KC contracts, ignoring nearby September. MPLS is down 2 to 3 cents at midday.

Soybeans -

Soybean futures are trading 1 to 2 cents in the green so far on Wednesday. Nearby soy meal is up 20 cents/ton, with soy oil 24 points higher. The

Corn -

Corn futures are showing fraction to 1 1/4 cent gains in most contracts at midday. This morning’s EIA report indicated that daily ethanol

Full commentary...