Carmen Office   580-987-2234 Carmen Station    580-987-2317 Aline Office    580-463-2544 Cherokee Office   580-596-3388
Cherokee Station    580-596-2439 Ames 580-753-4212 Ames Station   580-753-4220 Drummond   580-493-2212
Carmen Office   580-987-2234 Carmen Station    580-987-2317
Aline Office    580-463-2544  Cherokee Office   580-596-3388
Cherokee Station    580-596-2439 Ames 580-753-4212
 Ames Station   580-753-4220  Drummond   580-493-2212

 
 
 


Merge Announcement



Commentary
Thursday Rebound for Corn
The Thursday session worked mostly lower in the corn market, but the board caught some afternoon buying pushing prices to the black. At the close the front month prices were up by 2 1/4 to 4 3/4 cents – with December 11 3/4 cents off its earlier low. At the...
Wheat Futures Dropped Double Digits
Wheats continued lower on Thursday. Chicago wheat closed down by 26 3/4 to 31 3/4 cents. KC HRW settled just off the lows in the front months, but futures were still down by as much as 38 1/2 cents on the day. Spring wheats closed with 26 1/2 to 30...
Cattle Fade on Thursday
Live cattle futures ended the Thursday session with $0.47 to $1.10 losses. August’s drop was limited on thinner OI – just 4,090 contracts as of 8/17. Feeder cattle ended with triple digit losses of $1.52 to $1.87. The Thursday FCE auction sold 495 of the 1,178 head listed – mostly...
Soybeans Gain on Thursday Trading
Front month soybean futures worked lower on Thursday initially, but afternoon strength left the board 12 1/2 to 20 1/4 cents higher for the day. Meal futures stayed in the black and ended with $7.20 to $8.80/ton gains. Front month soy oil prices weakened by triple digits on Thursday. Weekly...
Hogs Give Back Triple Digits on Thursday
Another triple digit drop pulled Thursday hog futures $1.12 to $4.75 lower. October led the way, and is down a net $6.72 for the week – pending Friday’s action. The USDA’s National Average Base Hog price from the afternoon was $7.25 weaker to $124.09. The CME Lean Hog Index from...
Cotton Continued Lower on Thursday
Nearby cotton prices were down again on Thursday with losses of 13 to 120 points. The December contract still has the limit up gap from the WASDE reaction, near 108.59. USDA’s weekly Export Sales report showed 49,522 RBs of cotton were sold for the first full week of the 22/23...