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6 hours ago
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Cattle Fade Lower into the Weekend
Live cattle were lower on Friday as contracts pulled off midday lows to close with 12 to 70 cent losses. August was still up $1.35 this week. Cash trade was light this week, with trade picked up in KS at $230-231 and $240-242 northern action. Feeder cattle posted losses of $1 to $1.50 on Friday, with August down $1.32 on the week. CME Feeder Cattle Index was back up 11 cents to $322.28 on July 17. Commitment of Traders data from CFTC showed managed money increasing their record net long in feeder cattle futures and options as of July 15 by just 79 contracts to 37,569 contracts. Spec funds added back another 4,063 contracts to their net long in live cattle by July 15 to 132,486 contracts. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Cocoa Prices Plunge as Global Cocoa Demand Wanes Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! USDA Wholesale Boxed Beef prices were mixed in the Friday afternoon report. Choice boxes were up $0.27 to $375, while Select was quoted $2.35 lower at $351.49/cwt. USDA estimated cattle slaughter this week at 563,000 head. That was down 5,000 head from last week and 26,374 head lower vs. the same week in 2024. Aug 25 Live Cattle closed at $223.550, down $0.125, Oct 25 Live Cattle closed at $219.825, down $0.500, Dec 25 Live Cattle closed at $219.800, down $0.700, Aug 25 Feeder Cattle closed at $324.000, down $1.000, Sep 25 Feeder Cattle closed at $324.200, down $1.225, Oct 25 Feeder Cattle closed at $322.300, down $1.375, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
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7 hours ago
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Hogs Close Higher on Friday
Lean hog futures posted gains on Friday of as little as a tick to 65 cents. August was up $1.80 since last Friday. USDA's national base hog price had a weighted average of $105.55 on Friday afternoon, down $5.15 from Thursday. The CME Lean Hog Index was up 43 cents at $107.63 on July 16. Speculators in lean hog futures and options cut 17,186 contracts from their net long position in the week o July 17 to 114,593 contracts. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Cocoa Prices Plunge as Global Cocoa Demand Wanes Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. USDA's FOB plant pork cutout value for Friday afternoon was $1.47 higher at $117.79 per cwt. All primals were reported higher, with the ham leading the way up $3.45 USDA estimated hog slaughter at 2.342 million head for the week. That was 11,000 head below last week and 31,523 head lower than the same week last year. Aug 25 Hogs closed at $106.475, up $0.650, Oct 25 Hogs closed at $90.625, up $0.025 Dec 25 Hogs closed at $82.800, up $0.475, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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7 hours ago
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Soybeans Continue Higher Helped by Meal Gains
Soybeans posted Friday gains of 6 to 9 cents in the nearbys, as August was up 23 ½ cents over the course of the week. The cmdtyView national average new crop Cash Bean price was up 7 ¾ cents today at $9.90. Soymeal futures were $5.30 higher, as August was up $3.70 this week. Soy Oil was 40 to 42 points lower in the front months, with the weekly move of 207 points higher. Spec traders in soybean futures and options were shifting to a more bearish attitude in the week that ended on July 15, adding 26,062 contracts to their net short position to 32,278 contracts. In soybean meal, managed money was adding to their record net short by 1,537 contracts to 133,016 contracts. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Cocoa Prices Plunge as Global Cocoa Demand Wanes Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Soybean export commitments are now at 50.648 MMT, which is now 100% of USDA's full marketing year projection and lagging the 102% average. Aug 25 Soybeans closed at $10.27 3/4, up 6 1/4 cents, Nearby Cash was $9.90, up 7 3/4 cents, Sep 25 Soybeans closed at $10.21, up 9 cents, Jan 26 Soybeans closed at $10.52 3/4, up 9 cents, New Crop Cash was $9.86 1/4, up 9 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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7 hours ago
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Corn Rallies into the Weekend
Corn future closed the Friday session with contracts up 6 to 7 cents across most front months. Short covering was likely a culprit heading into a weekend, as September was up 12 ½ cents on the week. The CmdtyView national average Cash Corn price was $3.95, up 6 ½ cents. Commitment of Traders data showed managed money covering some shorts in the week ending on July 15, with their net short down 29,106 contracts to 174,755 contracts. Commercials added 10,113 contracts to their net short position to 40,294 contracts. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Cocoa Prices Plunge as Global Cocoa Demand Wanes Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Forecasts are calling for above normal temps as we round out July, following warmer overnight temps over the past few weeks in parts of the ECB. Rain is expected across much of the Corn Belt. Export Sales data has both shipped and unshipped sales at 69.467 MMT, which is 99% of the current USDA forecast, lagging behind the 102% 5-year average pace. Shipments are 59.114 MMT, at 85% of the USDA numbers and behind the 88% pace. Sep 25 Corn closed at $4.08 1/2, up 6 1/2 cents, Nearby Cash was $3.95, up 6 1/2 cents, Dec 25 Corn closed at $4.27 3/4, up 6 3/4 cents, Mar 26 Corn closed at $4.44 3/4, up 6 1/2 cents, New Crop Cash was $3.85 1/4, up 6 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
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7 hours ago
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Cotton Bulls Make Strides on the week Despite Friday Pull Back
Cotton futures rounded out the week with losses of 10 to 13 points on Friday. December was still up 126 points on the week. Crude oil futures were back down 21 cents per barrel, with the US dollar index down $0.236 to $98.210. Weekly CFTC data showed a total of 7,626 contracts cut from the net short position among spec traders in cotton futures and options. The collective group was net short 38,464 contracts as of July 15. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Cocoa Prices Plunge as Global Cocoa Demand Wanes Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! The Seam showed sales of 385 bales on Thursday, with an average price of 68.25 cents/lb. The Cotlook A Index was unch at 79.30 on July 17. ICE cotton stocks saw 1,144 decertifications on 7/17, with the certified stocks level at 23,481 bales. USDA's Adjusted World Price (AWP) was up a tick on Thursday at 54.72 cents/lb. Oct 25 Cotton closed at 67.12, down 13 points, Dec 25 Cotton closed at 68.68, down 12 points, Mar 26 Cotton closed at 69.98, down 10 points On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
