- Mixed Midday for Cotton Market
- July cotton is 24 points in the red at midday. The other front months are working higher with 40 to 47 point gains. July is still a 312 point premium to the new crop Dec contract. USDA reported 480,399 RBs of old crop cotton was booked for export during the...
- Mixed but Mostly Weaker Thursday for Hogs
- So far through Thursday the hog market is down 45 cents to $1.10. July contracts are the exception with a midday gain of 20 cents. USDA’s National Average Base Hog price was $1.63 stronger to $94.07. The 6/5 CME Lean Hog Index was 65 cents higher to $81.86. The weekly...
- Cattle Firming Back Up on Thursday
- Following the midweek cooldown, cattle futures are back up by 2 to 70 cents. June contracts are leading the way to stay true to the cash market strength during the delivery period. USDA confirmed sales in NE from $188-$194 yesterday. Feeder cattle futures are 22 to 92 cents higher at...
- Wheat Market Recovering on Thursday
- Midday prices are mostly double digits higher across the wheat market. Chicago futures are trading 9 to 10 1/2 cents higher. KC HRW futures are up 17 to 18 1/4 cents, which has July at a net 7c loss for the week’s move. Spring wheat futures are rallying with gains...
- Soybean Prices Trading in Black
- Front month soybean futures are up by as much as 9 1/4 cents. The new crop contracts are gaining 3 to 4 3/4 cents, as is July, though the September and August contracts are leading the buying action. Midday meal quotes are 60 cents to $1.30 in the red across...
- July Corn Trading Higher
- Corn futures are mixed through midday, following yesterday’s approach. July is again the outlier with a nickel gain at midday. The other front month futures are fractionally to a penny in the red. USDA’s FAS reported 172,709 MT of old crop corn bookings for the week that ended 6/1. That...
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March USDA Grain Stocks and Prospective Planting Report
The USDA released its March 31st stocks and prospective planting report.
Corn stocks were in line with expectations and planting acres were about a million acres higher than estimates.
Wheat was much of the same, with stocks being higher and planting acres also higher than estimates.
Soybeans stocks were much lower than the average estimate and planting acres were also lower.
Spirits Canada Video
Collwest Grain worked with Spirits Canada to produce a video for
their Grain to Glass series. The series helps to highlight the importance
of the Spirits Industry to Ontario Agriculture
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