Market Snapshot (More Futures Below)
Quotes are delayed, as of February 22, 2024, 10:06:00 PM CST or prior.

Commentary
Mixed Thursday for Cattle Futures
Cattle faded into the NASS data on Thursday, but firmed up for the close. Fats stayed 47 cents to $1.15 weaker for the bell, though April was 30 cents of the session low. Feeders finished in the black on Thursday, after March printed a $3.03 range from as much as...
Double Digit Drop for Beans
Front month soybeans fell by 10 ½ to 13 ¼ cents on Thursday, leaving March just a penny off the low for the close. March is still above the $11.45 low from last May. Soymeal futures were 1.4% to 2.1% weaker across the front months. Soy oil futures closed 51...
SRW Held Firm on Thursday Pullback
Chicago wheat futures finished the day UNHC to 2 cents stronger across the front months. KC HRW futures were 2 to 3 ¼ cents weaker at the close. The March HRW/SRW spread now has Chicago futures at a 9 ¼ cent premium for the settle. The July contract spread was...
Hogs Resume Strength on Thursday
Lean hogs were $0.62 to $1.22 stronger for the close. That has April up by $1.97 for the week, after the strongest prices since March. USDA’s National Average Base Hog price increased by 58 cents to $73.20. The CME Lean Hog Index increased another $1.17 to $77.97 for 2/20. ....
Corn Futures Fell by a Nickel on Thursday
The front month corn market dropped another 4 to 5 ¾ cents on Thursday. The March contract was 1 ¾ cents off the low for the bell after an 11 ¼ cent range. The Mar/Dec spread widened to 47 ¼ cents at the close. EIA data showed ethanol output increased...

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Quotes are delayed, as of February 22, 2024, 10:06:00 PM CST or prior.

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