Cash Bids

Futures

Quotes are delayed, as of January 19, 2022, 11:46:50 AM CST or prior.

Commentary

Wheats Adding Double Digits to the Recovery - January 19, 2022: Following the double digit strength to start the short week, wheat futures are adding another 20+ cents through midday. Chicago futures are 2.5% to 3% stronger with May up 23 1/4. KC is also up 22 to 23 1/2 cents with 2.8% to 3.1% gains through midday. New crop Kc...
Corn Prices Bounce Back Double Digits - January 19, 2022: Corn is extending the bounce back from Tuesday into the Wednesday session. Yesterday prices rallied back from early session losses to close only 1 to 3 cents weaker. Through midday so far, corn is back up 9 to 13 3/4 cents with prices back above the $6 mark. BAGE adjusted...
Beans Recovering for Wednesday - January 19, 2022: After the double digit losses yesterday rallied to close 8 cents weaker, soybean prices have extended the bounce through Wednesday’s midday with 18 to 22 3/4 cent gains. Soymeal is also bouncing back with 1.57% to 2% gains through midday. Soybean oil prices are up by triple digits, adding 2.3%...
Hogs Rallying Triple Digits - January 19, 2022: Lean hog prices are trading with triple digit gains through Wednesday’s midday, with April leading the way higher on a $2 gain. Lean hog futures traded firmer on Tuesday. For Feb contracts, that added to the triple digit gain going into the weekend and has prices up $4.55 from the...
Cattle Rallying Triple Digits - January 19, 2022: Front month live cattle futures are trading $1 to $1..70 higher at midday. Central Stockyards’ weekly FCE auction resulted in no sales for the 3,580 head listed. Bids were capped at $137-$138. USDA reported some cash trade from $135.50 to $137 for Tuesday, with business in NE and KS. Feeder...
Cotton Rallying to New Highs - January 19, 2022: Cotton prices are another 3 cents higher through Wednesday’s midday, setting new LoC highs along the way. The front month cotton market hasn’t been priced above $1.20 since 2011. The new crop December continuation also hasn’t been this high during the month of January since 2011. The high in Jan...

Full Commentary...

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Announcements

January USDA Report highlights

Corn: USDA reports a slight increase in supply figures. Along with a decrease in exports but increase in ethanol use, that virtually cancel eachother out on the demand side. Resulting in a 47 million bushel increase to ending stocks.

Soybeans: There was little to no change on the supply and demand side for beans. USDA reported a slight increase in ending stocks to 350 million bushels. South American weather will be important to watch over the next few months.