Dollar Strengthens as T-Note Yields Soar

The dollar index (DXY00) rallied to a 1.75-month high on Wednesday and finished up by +0.53%. The dollar moved higher on Wednesday after the 10-year T-note yield soared to a 19-year high of 5.13%, which strengthened the…

Read more →

Hogs Posting Mixed Trade at Midday

Lean hog futures are mixed, with nearby October up 37 cents and other contracts 40 to 60 cents lower at midday. USDA’s national base hog price was $79.33 in the Wednesday AM report, down 59 cents from the day prior. The…

Read more →

Cattle Fade Back Lower on Turnaround Tuesday

Live cattle futures were down 45 cents to $2.55 at the Tuesday close. Open interest was up 1,267 contracts on Tuesday. Cash trade has started out on the quieter side this week, with feedlots compiling showlists. Feeder …

Read more →

Corn Falls Back on Tuesday

Corn futures faced some Tuesday turnaround pressure, as contracts closed with 1 ¼ to 2 cent losses across the board. The national average Cash Corn price from cmdtyView was down 1 3/4 cents at $4.04 3/4 per bu.

Read more →

Cotton Fall Back on Tuesday

Cotton price action on Tuesday was back to weaker trade, as contracts were 50 to 55 points lower. Crude oil futures were adding some pressure, down $1.66/barrel, with the US dollar index slipping $0.314 on the day.

Read more →