USDA Newswire

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Market Snapshot
Quotes are delayed, as of July 02, 2022, 10:18:15 PM CDT or prior.
Local Weather
Weather radar map

Ladora, Iowa (52251)

Current Conditions: Clear
Temperature: 68°F Dew point: 58°F
Humidity: 70% Pressure: 30.05 in. Hg
Wind: 3 mph From: Southeast

Forecast

Saturday
Weather condition
Hi: 83°
Lo: 61°
Sunday
Weather condition
Hi: 84°
Lo: 61°
Monday
Weather condition
Hi: 85°
Lo: 68°
Tuesday
Weather condition
Hi: 93°
Lo: 74°
Wednesday
Weather condition
Hi: 91°
Lo: 71°

© 2022 Freese-Notis Weather

Commentary
Hog Market Built on Nearby Premiums -

Positioning into the 4th of July weekend left the lean hog board mixed. Nearby futures added 47 to 87 cents and extended their premium. The other

Friday Losses for Cotton Futures -

Cotton futures closed 26 to 164 points weaker going into the Independence Day holiday weekend. Dec contracts printed a wide 410 point range, and

Corn Lower into Weekend -

July corn futures closed up by 10 3/4 cents as the delivery process is underway and OI shrinks. New crop contracts ended the day with 9 to 12 1/2

Live Cattle Futures Rally but Close Off Highs -

Nearby fat cattle futures faltered into the close on Friday, leaving ~$1 on the table. Prices were still up by $0.82 to $2.02 on the day – led by

Wheat Fades into Weekend -

Going into the Independence Day holiday weekend, the wheat market fell by about 4%. Chicago futures ended the day with 32 1/2 to 38 cent losses. KC

Sharp Soy Losses for Friday -

Nearby soybean futures fell 49 to 62 3/4 cents on Friday going into the July 4th holiday weekend. Meal futures were also down $10.20 to $14.90/ton

Full commentary...


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