High Plains Journal Market Center

Market Snapshot (More Futures Below)

Quotes are delayed, as of March 05, 2021, 08:06:34 PM CST or prior.

Commentary

Cattle Close with Strength - March 05, 2021: Finished cattle futures ended the Friday session with gains of 40 cents to $1.02. June was the strongest and settled at $118. Cash trade remains mostly at $114, although USDA confirmed a few limited sales from $112-$115 on Friday. Dressed sales for the week were mostly $180, with some as...
Corn Rallies Double Digits on Friday - March 05, 2021: The board showed 11 1/2 to 15 3/4 cent gains for front month corn futures going into the weekend. New crop futures were 5 3/4 to 7 1/4 cent higher on the day. The usual suspects were involved, including South American weather fears, ideas USDA will raise the export estimate,...
Late Session Rally for Friday Cotton - March 05, 2021: After trading with losses in the afternoon, front month cotton futures rallied back and ended the session near the highs up 54 to 62 points. New crop futures also bounced from midday lows and closed 54 points in the black. Census data showed official January cotton exports were 1.614m...
Wheat Closes Higher on Friday - March 05, 2021: At the Friday settle, front month wheat futures were in the black. KC HRW futures gained the most with 4 1/2 to 5 1/2 cents. For May that limited the loss to 7 1/2 cents from Friday to Friday. Spring wheat was higher on the week, up 6 1/2 cents...
Hogs Close with Friday Gains - March 05, 2021: At the close on Friday, lean hog futures were 7 to 70 cents in the black. Save for a 12 cent dip in April that left contracts at $87.17. The CME Lean Hog Index was 64 cents higher on 3/2 to $83.27. USDA’s National Average Afternoon Base Hog price was...
Soy Complex Strong at Weeks End - March 05, 2021: Soybean futures closed the Friday session up 16 3/4 to 19 1/2 cents. The Feb 25 highs are still intact, but May closed at $14.30. New crop contracts closed at $12.92 1/4 for Sept and $12.47 1/4 for November. Soymeal futures recovered from triple digit midday losses and ended the...