Hogs bounce back on improving cash markets, cattle settles at a new all-time high for the lead contract

Jim ties it all together in his video

Beans Barely Holding Support

Wheat futures closed out the Friday session with contracts down across the three exchanges. Chicago SRW futures were 6 to 6 3/4 cents lower across the board, with Dec expiring. March ended the week on the lower side of last Friday’s close, down a nickel. KC HRW contracts were down...

Soybeans ignored the export business reported this morning, as contracts were down 5 3/4 to 8 ¼ cents to close out the day. January ended the week with a loss of 5 ½ cents. CmdtyView’s national front month Cash Bean price was down 7 1/2 cents at $9.39 3/4. Soymeal...

Corn futures ended the week on a lower note, as contracts were down 1 ¾ to 2 ¾ cents at the close with Dec rolling off the board. Despite the late week pressure, March was up 2 cents since last Friday. The national average Cash Corn price from cmdtyView was...

Sell them when you can, Sell them now, Sell them often.

It was a mixed week in the grain markets, with a friendly USDA report on Tuesday and a disappointing export sales report on Thursday.

Beans Barely Holding Support

As prices move higher, it will ration the number of producers that can assume the greater financial risks, as well as continue to promote alternative factors of beef production.  That is what rationing does and this is rationing in its grandest form.

Wheat futures are falling off at midday across the three markets on Friday. Chicago SRW futures are 4 to 7 cents lower across the nearbys. KC HRW contracts are down 4 to 6 cents on the day. There were 14 deliveries issued against Dec KC wheat overnight, with 8 for...

Soybeans are ignoring the export business reported this morning, as contracts are down 9 to 10 cents at midday. CmdtyView’s national front month Cash Bean price is down 9 cents at $9.37 1/2. Soymeal futures are down $3.60/ton on the day. There were another 126 deliveries issued against December soybean...