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Red Midday for Monday Hog Trade

2 years 6 months ago
Lean hog futures have a $1 range on the day with time spent on both sides. Current quotes are mixed but mostly lower within 32 cents of UNCH. USDA’s National Average Base Hog price dropped by $1.82 this morning to $78.92. The CME Lean Hog Index was 17c stronger for...
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Cotton Holding Firm at Midday

2 years 6 months ago
Cotton futures attempted to rally out of the weekend early on Monday, though futures have backed off from their 226 point gains. Current prices are still up by 14 to 58 points at midday. The Cotlook A Index for was down by 135 points to 98.45 on 3/15. USDA’s weekly...
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Beans Fading through Monday

2 years 6 months ago
Soybeans are ~5 cents off their lows at midday but still 2 to 7 cents in the red. The May contract was above the $12 mark at the session’s high for an 18c trading range so far starting the week. Soymeal futures are off their lows for midday but still...
Barchart

Wheat Rallying Double Digits through Midday

2 years 6 months ago
Front month wheat prices are trading near their highs at midday with double digit gains. Chicago futures are currently 12 ½ to 13 ¾ cents higher so far. KC wheat prices are working 10 ¾ to 11 ½ cents in the black. MGE futures are up by as much as...
Barchart

Triple Digit Cattle Gains for Monday

2 years 6 months ago
So far through Monday’s midday the nearby cattle futures market is up by as much as $1.15. April is ~20c off the session high. Feeder cattle futures are currently 0.6% to 0.9% higher with triple digit gains of as much as $2.35. USDA reported cash trades for the week from...
Barchart

Monday's ETF with Unusual Volume: IGM

2 years 6 months ago
The iShares Expanded Tech Sector ETF is seeing unusually high volume in afternoon trading Monday, with over 93,000 shares traded versus three month average volume of about 27,000. Shares of IGM were up about 1.3% on the day. Components of that ETF with the highest volume on M
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