High Plains Journal Market Center

Market Snapshot (More Futures Below)

Quotes retrieved on December 01, 2020, 03:19:50 PM CST

Commentary

Corn Firm to Fractionally Higher - December 01, 2020: An early Turnaround Tuesday rally attempt has faded back to neutral, with the board UNCH to fractionally higher. There were zero deliveries issued overnight against December. USDA’s Grain Crushings report is set for release after the close this afternoon. The weekly Export Inspections data from USDA showed 35.04 mbu of...
Wheat Mixed to Mostly Lower - December 01, 2020: The domestic wheat markets are mixed so far, with more drops in SRW. CBT wheat futures are down 3 to 4 1/2 cents with a 7 cent midday drop for in delivery December. KC wheat is fractionally lower in the front months, save for a penny gain in December. MPLS...
Cotton Recovering on Turnaround Tuesday - December 01, 2020: After closing lower on the first trade day of the week, cotton futures begin the new month with a 48 to 62 point recovery. There have been 275 deliveries against December cotton futures through Dec 1. The Thanksgiving delayed CoT report showed managed money increased their net long to 61,285...
Hogs Mixed Mostly Higher at Midday - December 01, 2020: After yesterday’s gains, the lean hog futures market is mixed at midday. December and April contracts are 40 and 10 cents in the red respectively, but the other front months are 10 to 35 cents stronger. The CME Lean Hog Index for Nov 27 was down another 34 cents to...
Cattle Showing Midday Strength - December 01, 2020: Live cattle futures are trading the Tuesday session 25 to 70 cents higher. Feeder cattle are adding to Monday’s gains with triple digit rallies past the Jan contract. The 11/27 CME Feeder Cattle Index was $138.90, up $1.35 cents from the previous day. The FCE online cattle auction has 1,025...
Beans See some Strength - December 01, 2020: December soybean trading starts with front month futures recovering 2 to 3 cents of Monday’s double digit selloff. Soybean meal is trading with midday gains of $2.60 to $3.60/ton. Soybean oil futures are adding another 22 to 24 points to the Monday decline. The average analyst estimate for October soybean...