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***If you are not receiving text alerts on your phone Please make sure this number (419-582-9036) is not blocked. It is no longer coming from grainbids@legacyfarmers.com. Regulations required us to comply to new standards and it now comes from a certified number which is 419-582-9036. Make sure this number is not blocked in your phone or you will not receive the text message. If you have any questions please call your local grain branch. Thank you***
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- Cattle Extend Highs on Friday as Cash Leads the Front Months
- Live cattle futures were up another 42 cents to $1.37 on Friday, with Feb rallying $4.72 on the week. Cash trade was reported at $200-201in the South and live sales of $202-205 in the North and $320 in the beef. Feeder cattle futures posted gains across the board on Friday,...
- Cotton Fall on Friday as Stocks Build
- Cottonfutures posted losses of 70 to 149 points on Friday, as March was down 65 points on the week. The outside factors were mixed, as the US dollar index was up 481 points, with crude oil $2.69/barrel higher. Most of the focus was on the negative USDA data released this...
- Soybeans Post Rally on USDA Data Day
- Soybeans closed out the Friday session rallying 9 ¾ to 26 ½ cents across the board, led by the nearbys on bullish USDA data. March was 33 ½ cents higher on the day. CmdtyView’s national front month Cash Bean price was up 24 3/4 cents at $9.68 1/4. Soymeal futures...
- Corn Rallies into the Weekend with Massive Yield Cut
- Corn futures closed out the Friday session with contracts up 14 to 15 cents across most front months, with September and beyond just 1 to 4 ¼ cents higher. March held onto 19 ¾ cent gains on the week Contracts are up 10 to 12 points at midday. The national...
- Hogs Head Home Higher for the Weekend
- Lean hog futures posted gains to a tick to $2.125 on Friday, with Feb up $1.77 since last Friday. The national average base hog negotiated price was reported at $79.00 on Friday afternoon, up 15 cents from the day prior. The CME Lean Hog Index was reported at $80.59 on...
- Wheat Heads into the Weekend Mixed
- Wheat futures were mixed across the three exchanges on Friday as USDA reports were less friendly for the small grain. Chicago SRW futures were down ½ to 3 ¼ cents in the nearby contracts, with deferreds up ¼ to 5 cents. KC HRW posted Friday gains of 1 ½ to...
