High Plains Journal Market Center

Market Snapshot (More Futures Below)

Quotes are delayed, as of April 21, 2021, 12:14:59 AM CDT or prior.

Commentary

Double Digit Gains for Corn - April 20, 2021: Corn prices were up 8 1/2 to 14 1/2 cents today. Old crop gains were stronger on Tuesday, with May corn up 2.45%. Options traders were positioning for May “pins” ahead of Friday’s expiration. New crop futures closed 1.57% to 1.81% in the black with focus on the cold snap...
Cotton Futures Close in Black - April 20, 2021: At the close for the Tuesday session, front month cotton futures were 46 to 57 points higher. Zhengzhou Cotton Prices were also higher on Tuesday, up 0.33% to 15,170 yuan/MT (~ $1.06/lb). In March, Chinese customs data showed $498.08 million USD of cotton imports. That was down from the $680.4m...
Tuesday Hogs Gain Triple Digits - April 20, 2021: Another triple digit mover in the lean hog futures market left prices $1.30 to $2.42 higher. For May that set a new contract high at $108.30. USDA’s National Average Base Hog price was $1.14 higher to $106.08 in the PM report. The WCB average price was $108.15. The CME Lean...
Wheat Closes Higher for Tuesday - April 20, 2021: Afternoon trading faded the midday gains, but prices were still in the black at the close. SRW futures came back from double digit gains to close 6 3/4 to 7 1/2 cents in the black. KC HRW futures ended the session 8 3/4 to 9 1/4 cents higher. MGE spring...
Cattle Market Higher on Bounce - April 20, 2021: Live cattle futures pulled back from the triple digit midday gains, but still closed with a $0.22 to $1.45 recovery from the 8 session draw down. Cash trade remains unestablished for the week so far. Tomorrow’s FCE auction has 4,673 head of cattle listed. Feeder cattle futures closed the session...
Soy Complex Stronger on Tuesday - April 20, 2021: The domestic soy complex rallied on Tuesday, led by BO. Soybean oil prices were 1.67% to 3.64% higher at the close – with May adding approximately 23 cents of product value to the beans. Soymeal futures ended the session $2.90 to $3.90/ton higher, adding about 7 cents to the crush....