Headlines

Lean hog futures closed the Wednesday session with losses of as much as $2.47, with 7 days left to trade April hogs. The April 6 CME Lean Hog Index was down by $2.13 at $55.52, working on converging with April futures. The National Average Base Hog p... (full story)

Cattle Market Still Seeing Expanded Limits

BRUG - 1 hr 3 mins ago

April cattle futures were up by the expanded limit again on Wednesday, while the other front months finished $1.87 to $2.87 higher. Feeder futures closed with $4.95 to $6.55 gains. The April 7 CME Feeder Cattle Index was $116.79, down by $0.26. Wedne... (full story)

Soybeans Steady to 2 Higher Ahead of Export Data

BRUG - 1 hr 3 mins ago

Soybeans are steady to 2 cents higher ahead of the weekly USDA Export Sales report. They were fractionally mixed on Wednesday, but mostly higher. May soymeal futures ended the Wednesday session at $292.80/ton, down by a dollar. May bean oil futures w... (full story)

Ag Market Commentary

BRUG - 1 hr 3 mins ago

Corn futures are trading 2 cents higher ahead of the release of the monthly WASDE supply/demand estimates. Corn futures closed the Wednesday session in negative territory. The average trade estimate for USDA’s update to World corn carryout is 299 M... (full story)

Cotton Market Mixed Ahead of USDA News

BRUG - 1 hr 3 mins ago

Cotton futures are 5 lower to 5 higher in the actively traded contracts this morning. On Wednesday, cotton gained 75 to 94 points. US equity futures are lower, and energy futures are mixed. Pre-WASDE estimates show traders anticipate a 60,000 bale cu... (full story)

Wheat Markets Up 2 to 8 Cents

BRUG - 1 hr 3 mins ago

Thursday trading starts with the US wheat futures markets 2 to 8 cents higher. KC HRW is the strongest on frost/freeze threats for much of the next week. Yesterday, Chicago wheat was down a penny/bu in May, but 1 to 2 cents higher for the other nearb... (full story)

Corn Market 2 Cents Per Bushel Higher

BRUG - 1 hr 3 mins ago

Are You Getting the Most Out of Your Tractor? Proper Ballast, Tire Pressure.

Ernst Undesser - AGFAX - 1 hr 11 mins ago

Determining the proper ballast and tire pressure for your tractor should be a key part of spring equipment maintenance. Proper ballast and tire pressure will maximize traction and tire life […] (full story)

Gold Daily News: Thursday, April 9

Paul Rejczak - InsideFutures.com - 1 hr 12 mins ago

The gold futures contract fluctuated on Wednesday, as it gained 0.04%. The market is going sideways following its recent rally. Gold price has reached new medium-term high of $1,742.60 on Tuesday, as it was the highest since November of 2012 following breaking above $1,700 mark. However,... (full story)

Rice: Coronavirus Upends World Trade Projections

Ernst Undesser - AGFAX - 1 hr 15 mins ago

The rice trade is no stranger to drama during any given year when you look at the impacts of extreme weather, geopolitics, or price fluctuation, however 2020 is proving to […] (full story)

Illinois Corn, Soybeans: Crop Budgets Revised with Lower Prices

Ernst Undesser - AGFAX - 1 hr 24 mins ago

Illinois crop budgets for 2020 have been revised with lower corn and soybean prices: $3.30 for corn and $8.30 for soybeans. Given trend yields, these prices will result in negative […] (full story)

Dairy Beef Quality Assurance Training: 24/7, Online

AGWEB - 1 hr 32 mins ago

If you’re looking for high-quality, online training for yourself or your employees, the Beef Quality Assurance program’s Dairy Animal Care and Quality Assurance (DACQA) and Dairy Cattle Care modules now are available entirely online. The... (full story)

ARE CATTLE PRICES MOOOOVING BACK TO PRICE EQUILIBRIUM

Lee Gaus - InsideFutures.com - 1 hr 57 mins ago

A discussion of Live Cattle Futures, the potential for a trend change, and specific trade recommendations. (full story)

Morning Comments; Thursday, April 9th, 2020

Agrivisor - SETZ - 1 hr 57 mins ago

The majority of today’s interest will center around the monthly WASDE updates. For the most part, trade is expecting numbers to be little changed from March, although a larger ending stocks bias is being given. These numbers are expected to include... (full story)

Happy Easter

Nick Mastrandrea - InsideFutures.com - 2 hrs 48 mins ago

Yesterday the markets gained ground with the thought that coronavirus had reached its apex in New York. Will this uptrend continue today? Read on to learn more... (full story)