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Wheat Sitting at 2-Month Highs -

The wheat complex is continuing to rally at midday, nearing the highest prices since February. Kansas City continues to lead the charge, with gains

Cotton Leaking Lower with Outside Market Pressure -

Cotton futures are down 24 to 40 points at midday, with May up 18 on thin trade. The outside market influences are putting pressure on the market at

Corn Turns Lower Following Drop to Ethanol Production -

Corn futures are pulling back in the front months on Wednesday, with losses of 1 to 2 cents. New Crop December is up ½ cent at midday. EIA’s

Hogs Mixed on the Midweek Session -

Lean hogs are mixed on Wednesday, with losses of 30 to 85 cents in the front months and a couple fall contracts 10 to 22 cents higher. USDA’s

Soybeans Retreating from Highs at Midday -

Soybeans prices are showing 3 to 5 cent gains in the nearbys on Wednesday. Soymeal is posting strength to lead the complex higher, up $4.80 to

Cattle Posting Midday Losses Amid More BIAV Fallout -

Live cattle are slipping lower on Wednesday, with midday losses of $1.37 to $2.30. Cash action has been negligible thus far. Last week’s trade was

Full commentary...

The CME Group Intercontinental Exchange