Market Snapshot
Quotes are delayed, as of June 01, 2023, 06:07:19 PM CDT or prior.

Ag Commentary
Cotton Futures Rally on Thursday
Front month cotton futures ended the Thursday session with 2% to 3.5% gains. July contracts were up the most with a 294 point gain. December futures were also more than 2 cents higher at the close. The monthly Cotton Systems Consumption report had 626 RBs of cotton usage for April....
June Hogs Closed Higher June First
Most of the lean hog market slid back on Thursday, but the June contract ended the session with a 97 cent gain. The other front months backed off by as much as $1.82 on the day. USDA’s National Average Base Hog price faded 4 cents on strong 20k head volume...
Cattle Rally with Cash Market
Cattle futures printed a strong Thursday session with the June contract leading the way. June fats were up nearly $6 at the close, and filled April’s expiration gap. The other front months were also 1.8% to 2.8% higher after the Thursday rally. The cash market on Thursday saw cattle trade...
Wheat Gains for the New Month
Wheat futures were up 0.9% to 2.8% across the domestic classes to start the month of June. For CBT SRW that left the market 16 1/2 to 17 1/2 cents higher. Front month KC wheat futures closed up by 12 to 15 1/4 cents, with July back above the $8...
Soy Market Found Strength on Thursday
Beans settled the Thursday session near their highs with carryover strength from yesterday afternoon’s rally. At the close the front months were 18 1/4 to 29 3/4 cents in the black. Soymeal prices ended with $4.80 to $8/ton gains on the day. Soy oil futures rallied +3% with gains of...
July Corn Futures Close Red
Corn was working higher on Thursday, but faded in the afternoon. July corn pushed back above $6 during the 14 1/4 cent range, but ultimately closed near the low for the day on a 1 1/2 cent loss. The other contracts stayed 8 to 8 3/4 cents higher for the...

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