Cotton futures are up 15 to 25 points so far on Wednesday. Crude oil futures are another 15 cents per barrel higher at $58.52. The US dollar index is back up $0.007 to $97.620. The markets will be closed on Thursday for Christmas, with an early close for Tuesday. Export Sales data as of the week ending on 12/11 has cotton export commitments at 6.183 million RB, 14% below last year. That is also 54% of the USDA projection and lags the 72% average sale pace. More News from Barchart CFTC’s updated commitm ...

Soybeans are up 5 to 7 cents so far on Christmas Eve. Futures slipped lower into the Tuesday close with contracts down 1 to 2 cents in the front months. Open interest was down 9,511 contracts on Tuesday, mostly in the January (-20,552 contracts), with other front months rising. The cmdtyView national average Cash Bean price was 3 cents lower at $9.80 3/4. Soymeal futures posted gains of $1.10 to $2.50 on Tuesday, with Soy Oil futures slipping back 25 to 39 points lower. The markets will close early on toda ...

Wheat bulls are preparing for a short week early, with Monday AM gains across most contracts. The wheat complex was mixed on Friday, with the KC wheat market being the weakest. Chicago SRW futures were up 1 to 2 cents to round out Friday, as March was 19 ½ cents lower last week. Friday’s open interest showed some slight new buying, up 11,648 contracts. KC HRW futures saw 1 to 2 cent losses, as March was just 2 ¾ cents in the red last week. MPLS spring wheat was 5 to 6 cents higher on Friday, with March clo ...

Cotton futures were up 10 to 16 points in the front months at the Monday close. Crude oil futures were 79 cents lower per barrel at $56.65, with the US dollar index $0.093 lower to $98.300. CFTC data indicated spec funds increasing their net short position by 3,756 contracts to 61,999 contracts as of November 25. More News from Barchart Export Sales data from this morning showed 148,396 RB in cotton sales for the week ending on November 20, a 3-week low. Shipments were back up from the week prior at 12 ...

Cotton futures are showing slight 15 to 17 point gains across most contracts on Monday’s midday. Crude oil futures are 80 cents lower per barrel at $56.69, with the US dollar index $0.074 to $98.320. Export Sales data from this morning showed 148,396 RB in cotton sales for the week ending on November 20, a 3-week low. Shipments were back up from the week prior at 120,825 RB. More News from Barchart A delayed CFTC report showed a total of 2,086 contracts trimmed from the spec fund net short in the week ...

Corn price action is just fractionally lower this morning. Futures closed the Friday session with contracts down 4 to 6 cents across most nearbys, as December expired. March settled last week with a 4 cent loss. Friday’s open interest was up 17,121 contracts. The CmdtyView national average Cash Corn price was down 5 1/2 cents at $3.96 3/4. Export Sales data will get another catchup this morning, with traders looking for 1.1-2.2 MMT in corn sales during the week ending on 11/20. More News from Barchart ...

Cotton futures failed to hold the overnight gains, with contracts closing 20 to 25 points in the red. Crude oil futures were down $1.23 per barrel at $58.85 on the day, with the US dollar index $0.107 higher to $99.075. Dated Export Sales data showed 292,146 RB of cotton sold in the week of 11/6, a MY high. That was well above the week prior and 27.55% larger than the same week last year. Shipments were 135,898 RB, down from the week prior. More News from Barchart The 12/5 online auction from The Seam s ...

Core Insights - Corn futures experienced slight increases, with December contracts up ¼ cent and deferred contracts up 2 ½ cents, indicating a return of carry into the market [1] - The national average cash corn price rose by ¼ cent to $3.88, reflecting a stable market ahead of the Thanksgiving holiday [1] - Export sales data revealed a total of 1.327 million metric tons (MMT) of corn sold in the week of October 9, which is a four-week low and below the same week last year [2] Market Positioning - Managed money held a net short position of 191,055 contracts in corn futures and options as of October 14, with an increase of 49,089 contracts from the previous week [3] - South Korean importers purchased at least 324,000 MT of corn, with expectations of 68,000 MT coming from the US, indicating ongoing international demand [3] Price Movements - December 25 corn closed at $4.23 ½, down ¼ cent, while March 26 corn closed at $4.38 ¼, up 1 ½ cents, and May 26 corn closed at $4.46 ¾, up 2 ½ cents, showing varied price movements across different contracts [4]

Market Overview - Soybean futures increased at the Tuesday close, with contracts rising by 1 to 3 cents. The national average cash bean price rose by 1.75 cents to $10.52 [1] - Soymeal futures saw an increase of $1.70 to $2.80, while Soy Oil futures remained steady or increased by up to 13 points [1] Export Sales Data - The USDA released delayed Export Sales data, reporting soybean sales at 785,003 MT, which is on the lower end of the 0.5-1.4 MMT trade estimates for the week of October 9. This figure represents a 3-week low and is 53.9% lower than the same week last year. Notably, China had not made any purchases during this period [2] - Meal sales were reported at 358,406 MT, exceeding the estimates of 150,000-400,000 MT. However, bean oil sales were below estimates, recorded at 1,924 MT against expectations of 5,000-30,000 MT [3] Speculative Positions - Commitment of Traders data indicated that soybean speculators held a net short position of 391 contracts as of October 14, reflecting a modest increase of 38 contracts in the net short position during that week [3] Brazilian Export Estimates - ANEC has revised its estimates for Brazilian soybean exports in November to 4.4 MMT, which is a reduction of 0.31 MMT from their previous forecast [3] Closing Prices - As of January 26, soybeans closed at $11.24 3/4, up 1.5 cents, with nearby cash at $10.52, up 1.75 cents. March 26 soybeans closed at $11.34 3/4, up 2.75 cents, and May 26 soybeans closed at $11.45, up 3 cents [4]

Group 1 - Cotton futures are experiencing slight gains, with December futures down 35 points [1] - Crude oil futures decreased by $0.26 per barrel to $58.99, while the US dollar index increased by $0.009 to $100.160 [1] - Export Sales data indicated 198,985 RB in cotton export business for the week of October 2, marking the third largest for the marketing year, with export shipments reaching a marketing year high of 157,757 RB [1] Group 2 - Managed money increased their net short position by 2,736 contracts as of September 30, holding a total net short of 64,740 contracts [2] Group 3 - The November 19 online auction from The Seam sold 5,724 bales at an average price of 58.96 cents per pound [3] - The Cotlook A Index rose by 35 points to 74.65 cents on November 19, while ICE certified cotton stocks remained steady at 20,344 bales [3] - The Adjusted World Price is currently at 51.83 cents per pound, with updates expected later [3] - December 25 Cotton is priced at 61.95 cents, down 35 points; March 26 Cotton is at 63.82 cents, up 4 points; May 26 Cotton is at 65.05 cents, up 2 points [3]