Soybean Oil and Lean Hogs are at 52-week highs for hedge fund position estimates and are currently experiencing technical break outs. Live Cattle is also at extreme levels for hedge fund positions and carry yield but appears to be running out of steam.

Soybeans saw gains of 3 1/4 to 6 cents across the board on Thursday to close the Halloween session. CmdtyView’s national front month Cash Bean price is up 4 1/4 cents at $9.29 1/4. Soymeal futures were down a dime to $2.10/ton as Dec closed below the $300 level. Soy...

Wheat closed out the Halloween session, with losses across the three exchanges. Chicago SRW futures were down 2 3/4 to 5 1/4 cents on the day. KC HRW contracts were 5 1/2 to 8 1/4 cents lower across the board. MPLS spring wheat was 4 ½ to 5 ¾ cents...

Corn futures ended the Thursday session with contracts mostly steady to 2 ¾ cents higher, as nearby December was down ¾ cent on the day. The national average Cash Corn price from cmdtyView was down 1 1/4 cents at $3.78 1/2 per bu. The average close for December corn futures...

Energy prices were sharply higher again today with crude oil filling the gap and charging back towards last Friday's high.

Agricultural Prices - 2024-10-31

Wheat is trading through the Thursday session with losses across the three exchanges. Chicago SRW futures are down 7 to 8 cents on the day. KC HRW contracts are 10 to 11 cents lower across most contracts. MPLS spring wheat is down 7 to 9 cents in the session. Forecasts...

Corn futures are trading steady to a penny lower across most contracts at Thursday’s midday. Preliminary open interest showed net new selling interest, up a total of 12,811 across most contracts. The national average Cash Corn price from cmdtyView is down 1 3/4 cents at $3.79 per bu. The average...

Soybeans are showing 1 to 2 cent higher trade so far on Thursday. First notice day for November soybean futures is today, with a total of 97 deliveries issued. Wednesday’s preliminary open interest showed net new buying across most with exception of the November contract, up 17,871 contracts leaving out...

Wheat is starting the Thursday session with losses. The wheat complex got some later day weakness but held gains across all three exchanges on Wednesday. Chicago SRW futures were up 2 3/4 to 9 cents on the day. KC HRW contracts were 1 1/4 to 4 cents higher across most...

Corn prices are showing fractional losses on Thursday morning. Futures ended the Wednesday session with contracts mixed across the board, but nearbys leading the weakness, down ½ to 2 ¼ cents. Preliminary open interest showed net new selling interest, up a total of 12,811 across most contracts. The average close...

Soybeans are trading with Thursday AM gains of 4 to 6 cents. They closed out the Wednesday session with contracts up 7 ½ to 12 ¼ cents across the board. First notice day for November soybean futures is on Thursday, with a total of 97 deliveries issued. Wednesday’s preliminary open...