Agriculture Market Commentary

DJ USDA: Global Cotton 2012-13 Production Likely To Slip 3.9%

--Cotton output expected to outpace demand --USDA forecasts an average price of 80 cents a pound in the 2012-13 season --China's buying spree clouds forecasts By Leslie Josephs Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Global cotton production...

After the Bell

Soybean futures closed 2 1/4 to 4 cents higher in all but some of the far-deferred contracts, which posted slightly lesser gains. For the week, soybean futures extended the rally from the January lows. Near-term fundamentals are strong as China is actively buying U.S....

Recap Hog Market Report

April hogs closed 12 higher on the session but down 65 points for the week. The market traded slightly higher on the session early today and pushed to moderately higher into the mid-session to the highs of the day. It was an inside trading session....

Recap Cattle Market Report

April cattle closed 17 lower on the session and down 140 points for the week. The lower close for the week after posting a contract high is seen as a negative technical development....

Wheat Market Recap Report

May Wheat finished up 1/4 at 641 1/4, 1 1/2 off the high and 8 3/4 up from the low. July Wheat closed down 2 at 653. This was 9 1/2 up from the low and 1 1/2 off the high....

Soybean Complex Market Recap

May Soybeans finished up 3 1/4 at 1286 3/4, 5 off the high and 7 3/4 up from the low. July Soybeans closed up 4 at 1295 1/4. This was 8 1/4 up from the low and 4 1/4 off the high. May Soymeal closed up 0.9 at 336.2. This was 1.7 up from the low and 2.7 off the high....

Corn Market Recap for 2/24/2012

May Corn finished up 1 1/2 at 644, 1/2 off the high and 7 up from the low. July Corn closed up 1 3/4 at 646 1/2. This was 7 3/4 up from the low and 3/4 off the high. May corn closed 1 1/2 cents higher on the session but down 1 1/4 cents for the week....

Mid-Session Hog Market Report

April hogs traded slightly higher on the session early today and pushed to moderately higher into the mid-session to the highs of the day. It is still an inside trading session....

Mid-Session Cattle Market Report

Cattle futures traded both sides of unchanged on the session early today and were trading slightly higher on the day into the mid-session....

Mid-Session Wheat Market Report

May wheat opened 2 cents lower on the session at 639 and established an early range of 632 1/2 to 641. With a larger than expected wheat production and ending stocks outlook from the USDA conference, the market pushed lower on the session even with another break in the...

Mid-Session Soy Complex Market Report

May soybeans opened 4 1/2 cents higher on the session at 1288 and established an early range of 1284 3/4 to 1291 3/4. Ideas that demand for US soybeans could stay strong ahead due to tighter than expected supply from South America plus a continued shift down in the US...

Mid-Session Corn Market Report for 2/24/2012

May corn opened 3 1/2 cents lower on the session at 639 and experienced an early range of 637 to 642 1/4. News that the USDA confirmed the outlook for sharply higher planted area, production and ending stocks for the 2012/13 season helped to pressure the market early in...

Morning Cattle Market Report

The cattle market closed sharply lower on the session yesterday, as many traders pointed to increasing demand concerns, and ideas that the recent slowdown in slaughter levels may cause cattle to back-up on feedlots, as key negative factors for the market....

Morning Hog Market Report

April hogs closed moderately lower on the session yesterday and closed at the lowest level since February 15th. Weakness in pork product prices late Wednesday and ideas that the cash market might drift lower over the near-term were thought to have pressured the market....

Pre-Opening Wheat Market Report

May wheat was trading 4 cents lower late in the overnight session. Outside market forces look slightly positive today with a weaker US dollar and some support from higher equity markets....

Pre-Opening Soy Complex Market Report

May soybeans were trading down 1 cent late in the overnight session. China futures closed 0.3% higher overnight and palm oil futures in Malaysia closed 0.1% higher overnight....

Pre-Opening Corn Market Report for 2/24/2012

May corn was trading down 4 cents late in the overnight session. Outside market forces look slightly positive today with a weaker US dollar and a bounce in equity markets....

After the Bell

Soybean futures traded on both sides of unchanged today but settled high-range with gains of 2 1/4 to 5 cents. Soymeal finished with slight gains while soyoil closed with marginal losses amid spreading....

Recap Hog Market Report

April hogs closed moderately lower on the session and closed at the lowest level since February 15th. Weakness in pork product prices late yesterday and ideas that the cash market might drift lower over the near-term helped to pressure as speculative long liquidation...

Recap Cattle Market Report

The market closed sharply lower on the session with increased demand concerns and also talk that the slowdown in slaughter recently could cause some cattle to back-up on feedlots,....