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Quotes are delayed, as of April 23, 2021, 08:07:11 AM CDT or prior.

Ag Commentary
Cattle Futures Weak Ahead of Expected Bearish USDA COF Report
While grains had a rally Thursday, livestock were left out. Fat cattle futures closed with triple digit losses of $0.97 to $1.45. Feeders were $2.57 to $3.55 lower in the front months at the close. Cash cattle trading this week remains light, with reported sales so far from $119 -...
Cotton Futures Higher Overnight
Cotton futures are 52 to 98 points higher after the overnight rounds. May cotton futures enter deliveries following Monday’s First Notice Day. On Thursday, cotton followed the grain rally early, but ended mixed. Old crop prices closed 18 to 19 points in the red, while new crop futures closed 6...
Soybean Futures Fade Thursday Gains Overnight
Soy futures have begun the Friday session with 6 to 12 cent per bushel losses. We’re seeing some pre-weekend profit taking after a sharp rise in prices this week. May options expire today. At the Thursday close soybean futures were up 27 1/2 to 36 cents. The inverse to July...
Wheat
Wheat starts the Friday session close to UNCH in Minneapolis, but 2 to 5 cents lower in the other two markets. On Thursday, CBT wheat futures touched the 40 cent daily limit in the afternoon, but ended the session up by 29 1/2 to 37 cents. KC wheat futures ended the...
Hogs Sag on USDA Export Cancelation Number
At the close on Thursday, front month lean hog futures were down 40 to 97 cents as USDA reported net negative export sales for the week because of a data correction. May hogs were the firmest, closing 15 cents weaker, but OI was only 2,982 contracts as of 4/21. USDA’s...
Corn 5 to 10 Cents Lower on Profit Taking
After the limit up move yesterday, futures are 5 to 10 cents lower this morning. They have bounced a bit from lows set around 5 AM CDT. Preliminary OI data suggests the sharp gains were fueled by net new buying, up 9,925 contracts (including 13,723 in December). Several groups reduced...

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