Wheat is slightly higher in the winter wheat front months on Tuesday, with spring wheat weaker. The wheat complex extended weaker trade into the Monday session, as a stronger US dollar index, up $0.581, added some pressure. Chicago SRW futures were down 9 to 11 ¼ cents at the close. Open interest suggested new selling, up 5,993 contracts on Monday. KC HRW futures posted 8 to 9 ½ cent losses on Monday. OI was up 1,821 contracts. MPLS spring wheat was 6 to 7 cents lower. The NASS Flour Milling report from ...

Market Overview - Lean hog futures closed lower on Friday, with nearby contracts down by 10 to 25 cents, while February futures increased by 7 cents and April futures rose by 97 cents [1] - Preliminary open interest increased by 4,079 contracts on Friday [1] Pricing and Sales Data - USDA's national base hog price was reported at $83.56, up 47 cents from the previous day [1] - The CME Lean Hog Index rose by 67 cents to $83.07 on January 21 [1] - Export Sales data indicated 33,249 MT of pork sold for the week ending January 15, with shipments at 39,223 MT [2] Inventory and Slaughter Statistics - Monthly Cold Storage data showed pork stocks at 390.55 million lbs as of December 31, a decrease of 1.5% from the previous year, marking the lowest December level since 1997 [3] - USDA estimated federally inspected hog slaughter for the previous week at 2.484 million head, which is 139,000 head lower than the previous week but 10,192 head higher than the same week last year [4] Futures Market Activity - Commitment of Traders data revealed that managed money increased their net long position in lean hog futures and options by 14,794 contracts as of January 20, reaching a total net long of 97,418 contracts, the largest since October [3]

Group 1 - Soybean futures experienced a slight decline of 1 to 2 cents in early Tuesday trading, following a previous week where most contracts gained 4 to 5 cents [1] - The national average cash bean price increased by 5 1/4 cents to $9.87 1/4, while soymeal futures rose by 80 cents to $2.40 higher, despite a drop of $13.70 in March last week [1] - The Commitment of Traders report indicated that spec traders reduced their net long positions in soybean futures and options by 44,756 contracts, bringing the total to 12,961 contracts as of January 13 [2] Group 2 - Total soybean commitments as of January 8 stood at 30.637 million metric tons (MMT), which is 25% lower than the same period in 2025 and represents 71% of the USDA projection [3] - Actual accumulated soybean shipments reached 17.984 MMT, accounting for 42% of the USDA's estimate and significantly trailing the 60% average pace [3] - The Brazilian soybean harvest is estimated to be 2% complete as of last Thursday, according to AgRural [3]