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Cotton Futures
Market Snapshot
Quotes are delayed, as of May 15, 2024, 06:27:57 PM CDT or prior.
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Commentary
Wheat Falls from Double Digit Morning Gains to End the Session Lower -
The wheat complex quickly faded from the early double digit gains as losses were reported across the three exchanges on Wednesday. Chicago contracts Soybeans Pushed Lower Following Bearish NOPA Data -Soybeans slipped into the close, as contracts settled with losses of a penny to 4 ¾ cents after NOPA reported an ugly April crush number. Soymeal Cattle Post Midweek Strength -Live cattle posted Wednesday strength of 7 to 40 cents across the board, following more boxed beef strength. Cash action has been quiet this week. Hogs Post Mixed Trade on Wednesday -Lean hogs settled the Wednesday session on a mixed note, as front months were down 5 to 82 cents, with the other 24 contracts steady to 27 cents Cotton Gets a Bounce on Wednesday -The cotton market posted strength across most contracts on Wednesday, with futures up 8 to 78 points across most contracts. The outside market Corn Falters to Weakness on Wednesday -Corn futures faded the early gains on Wednesday, with contracts closing anywhere from 2 1/4 to 5 cents lower. Weather through the weekend shows Full commentary... |