Sign In  |  Register  |  Find Reseller  |  Syngenta Global
FarmAssist
Market Headlines
Hogs: Morning Comments (Thursday, September 03, 2015 11:39:40)

Nearby CME hogs futures surged Wednesday despite the turmoil in the financials. With Labor Day nearly upon us, cash hogs values were 1.27 lower to 68.85, as buyer interests slows until the next uptick for National Pork Month: October. Hog supply traditionally shifts higher in the fall/winter due the timing of gestational cycles, giving way to seasonally lower prices. Daily hog slaughter came in at 428,000 head, compared to 426,000 last week and 414,000 a year ago. October hog futures lost 1.70 cents to 69.77 cents/pound Wednesday, while May hogs lifted 1.05 cents to 76.75.
























Soybeans: Afternoon Comments (Thursday, September 03, 2015 12:01:27)

The soy complex was mixed overnight with beans and oil higher and meal lower ahead of the export sales report. Questions regarding demand for U.S. soybeans/products has been at the center of recent volatility as China’s economy, the largest buyer of soybeans in the world, has faltered. Export sales expectations for old-crop beans are -150,000 to 50,000 tonnes and 700,000 to 900,000 tonnes for new-crop. September futures were 1 cent lower to $8.8375/bushel early Thursday, while September soyoil lost .46 cents to 26.76 cents/pound and September meal gained $.2 to $318.10/ton.












Corn: Morning Comments (Thursday, September 03, 2015 11:37:36)

Corn futures were lower overnight after weakening Wednesday. Dollar strength likely added resistance, however the trade will look to export sales data for hints of growing demand. The report is due out at 7:30 a.m. U.S. stock futures are 54 points higher, or .33%, early Thursday morning, adding to Wednesday’s near 2% rise and pointing to a stronger open. China’s stock houses are closed Thursday and Friday for a national holiday, giving world markets respite from recent turmoil. Ethanol production was reported lower at 948,000 bpd, compared to 952,000 last week. September corn futures were 1.25 cents lower to $3.5275/bushel early Thursday morning, while December was 0.75 cents lower to $3.6675.




















Wheat: Morning Comments (Monday, August 31, 2015 11:53:34)

The wheat complex was lower overnight as the macro markets are weighing commodities to start the week. STATS Canada will issue their all-wheat stocks report Thursday with trade estimates falling to 6.5 million tonnes, down 37% from a year ago. The trade awaits the release of export inspections data released mid-morning Monday as well the September WASDE due out a week from this Friday. September CBOT wheat futures lost 3 cents to $4.74/bushel early Monday, while Sep KC wheat fell 1.25 cents to $4.565/bushel, and September MWE dropped 0.5 cents to $4.90.




















Cotton: Morning Comments (Monday, August 31, 2015 11:54:44)

Cotton futures began the week higher Monday despite Chinese stocks closing lower, perhaps on month-end positioning. The tighter than expected balance sheet for cotton and the drop in the condition rating have given cotton bulls something to talk about as of late but world market problems are now the driver. While the global scene for cotton is largely still plagued by oversupply, the recent bullish data appears to be giving way to world economic and currency struggles, particularly related to Chinese demand fears. December cotton futures lost .13 cents to 63.13 cents/pound Friday, while Mar rose 0.17 cents to 62.85.





FarmAssist.com is your source for ag news and information on crop pest identification, commodity and market prices, agricultural news & issues, and access to crop production management tools such as crop yield & planting calculators and herbicide, fungicide, and weed control information.