Cotton futures posted losses of 40 to 70 points in the front months on Friday, with March down 211 points this week. Crude oil futures were up 21 per barrel on the day at $63.50. The US dollar index as down $0.141 to $97.650. Spec traders were busy adding 6,717 contracts to their net short position in the week of 2/3, taking the total to 71,746 contracts net short in cotton futures and options. More News from Barchart Export Sales data has total export commitments at 7.8 million RB as of January 29, no ...

Corn price action is up 1 to 3 cents so far on Thursday morning. Futures got some spillover strength from gains in wheat and recent weakness in the US dollar index, as contracts closed with 1 ¼ to 3 ½ cent gains across the board. Preliminary open interest was up 20,796 contracts, suggesting new buying interest. The CmdtyView national average Cash Corn price was up 3 3/4 cents at $3.94 1/2. EIA data from Wednesday morning showed ethanol production slipping 5,000 barrels per day to 1.114 million bpd in the ...

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]

Soybeans saw stronger trade late in the session, as front months were 3 to 4 cents higher at the close. March was a dime higher this week. The cmdtyView national average Cash Bean price was 3 3/4 cents higher at $9.98 ¾. Soymeal futures were 20 cents to $3.70/ton, as March rallied $9.90 this week. Soy Oil futures were 5 to 21 points higher, with March up 138 points since last Friday. Export Sales data from this morning showed a marketing year high in soybean sales at 2.45 MMT in the week of 1/15. That wa ...

Group 1 - Corn futures experienced gains of 5 to 6 ½ cents across most contracts, resulting in a weekly increase of 5 ¾ cents [1] - The CmdtyView national average Cash Corn price rose by 6 3/4 cents to $3.93 1/2 [1] - The USDA's Export Sales report indicated corn bookings reached 4.01 million metric tons (MMT) for the week of January 15, the highest since March 2021 [2] Group 2 - The week of sales was the largest since 1991, more than doubling the same week last year [2] - Major buyers included unknown destinations (1.242 MMT), Japan (836,700 MT), South Korea (751,500 MT), and Mexico (422,600 MT) [2] - Managed money reduced their net short position in corn futures and options by 450 contracts, with a total net short of 81,324 contracts as of January 20 [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]

Wheat is trading lower across the winter wheat contracts on Tuesday morning, with spring wheat steady. The wheat complex rallied into the long weekend with gains across the three markets. Chicago SRW futures were 7 to 8 cents higher on Friday, with March up just ¾ cent from last week. Some short covering was noted, with open interest down 1,699 contracts. KC HRW futures saw Friday gains of 9 to 10 cents in the nearbys, with March down 3 cents on the week. OI was up 1,885 contracts on Friday. MPLS spring wh ...

Market Performance - Soybeans experienced gains of 4 to 5 cents across most contracts, with March down 4 ¾ cents for the week. The national average Cash Bean price increased by 5 1/4 cents to $9.87 1/4 [1] - Soymeal futures rose by 80 cents to $2.40 higher, despite a decline of $13.70 in March this week. Soy Oil futures decreased by 18 to 36 points on Friday, but the weekly move was 292 points higher [1] Commitment of Traders Report - The weekly Commitment of Traders report indicated that spec traders in soybean futures and options reduced their net long positions by 44,756 contracts, bringing the total to 12,961 contracts as of January 13 [2] Export Sales and Crop Estimates - Total soybean commitments reached 30.637 million metric tons (MMT) as of January 8, which is 25% lower than the same period in 2025, representing 71% of the USDA projection and 15 percentage points behind the normal pace. Actual accumulated shipments were 17.984 MMT, or 42% of USDA's estimate, significantly trailing the 60% average pace [3] - Safras updated their Brazilian crop estimates, raising the projection by 0.52 MMT to 179.28 MMT [3]

Group 1 - Corn futures are holding steady with some contracts fractionally higher, and the national average cash corn price is at $4.09 [1] - Export sales data for the week ending January 1 showed only 377,598 MT of corn sold, which is below the estimated range of 0.7-1.5 MMT for 2025/26 and represents a 15.1% decrease compared to the same week last year [1] - For the 2026/27 marketing year, corn sales were recorded at 11,860 MT, falling within the expectations of 0-100,000 MT [1] Group 2 - Census data revealed a record export of 6.564 MMT of corn in October, which is a 5.93% decrease from September but a 63.38% increase from October 2024 [2] - Distillers exports in October were nearly at last year's record level, totaling 1.067 MMT, while ethanol shipments reached a record pace of 185 million gallons [2] Group 3 - The USDA is set to release data on Monday, with expectations for US corn production to be at 16.553 billion bushels and an estimated yield of 184 bushels per acre according to a Bloomberg survey [3] - Current corn prices include March 26 Corn at $4.46 3/4, Nearby Cash at $4.08, May 26 Corn at $4.54 1/2, and July 26 Corn at $4.60 1/2, with slight increases noted for May and July contracts [3]

Group 1 - Soybean prices showed slight recovery after earlier declines, with March contracts down 26 ¾ cents for the week, while the national average cash bean price increased by 6 ¼ cents to $9.70 [1] - Soymeal futures decreased by $2.30 to $4.10 per ton, with March down $11.40, whereas Soy Oil futures rose by 61 to 80 points, settling with an 8 point gain for the week [1] - Export sales data for the week ending December 25 is anticipated to show soybean bookings between 0.7-1.8 million metric tons (MMT) for 2025/26 and 0-150,000 MT for 2026/27, with meal sales projected between 150,000-500,000 MT [2] Group 2 - November crush data indicated a total of 220.48 million bushels (mbu) of soybeans crushed, which is a 6.7% decrease from the previous month but a 4.98% increase year-over-year [3] - The first quarter of 2025/26 saw soybean crush at 661.74 mbu, up 49.5 mbu compared to last year, with USDA projecting a full marketing year increase of 110 mbu year-over-year [3] - Soybean oil stocks as of November 30 were reported at 2.16 billion pounds, exceeding estimates and representing a 33.72% increase from the previous year [3] Group 3 - The USDA announced a payment of $30.88 per acre for the Farm Bridge Assistance program related to soybeans [4] - As of January 26, soybeans closed at $10.29 ½, down 1 cent, with nearby cash at $9.70, up 6 ¼ cents, and March 26 soybeans closing at $10.45 ¾, down 1 ¾ cents [4]