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Market Updates

Market Closes - June 9, 2016
June 9, 2016
Market Closes - June 9, 2016

CBOT futures closed mostly lower today, taking a break from the strong rally that’s been going on for weeks. Weakness was mostly blamed on a wetter forecast, but a stronger US Dollar also weighed on commodity futures.

Market Closes - June 2, 2016
June 2, 2016
Market Closes - June 2, 2016

CBOT futures closed steady to sharply higher. The old-crop soybean meal and soybean markets led the market higher through mid-morning.  Cattle futures closed higher as traders are optimistic about the cash cattle and beef markets.  Lean Hog futures closed strongly higher as futures extend the 6-7 day rally off recent lows.

Market Closes - June 1, 2016
June 1, 2016
Market Closes - June 1, 2016

CBOT futures traded lower overnight, but when trading reopened at 830 am CT, prices soared and kept going right into the closing bell.  Cattle futures closed mixed but much closer to the highs than the lows which occurred early in the day.

Market Closes - May 31, 2016
May 31, 2016
Market Closes - May 31, 2016

Most CBOT futures were down sharply, led lower by the Chicago Wheat market. Improving (drier) weather forecasts pressured the markets in addition to the stronger US Dollar and end-of-month profit-taking.

Market Closes - May 26, 2016
May 26, 2016
Market Closes - May 26, 2016

Trading at the CBOT was interesting today with wide trading ranges and a change in market leadership.  Futures were led higher overnight by the soy market, but when trading reopened at 830 am, futures fell abruptly.  Cattle futures closed strongly higher after trading lower during the first 1.5 hours.  Lean Hog futures also closed higher with June LH up for the third straight day.

Market Closes - May 25, 2016
May 25, 2016
Market Closes - May 25, 2016

CBOT futures closed steady to sharply higher with the market led higher by July Soybean Meal and soybean futures.  Cattle futures closed mostly higher in a fairly narrow trading range day.  Lean Hog futures closed higher with late-day strength, supported by stronger pork values.

Market Closes - May 24, 2016
May 24, 2016
Market Closes - May 24, 2016

CBOT futures closed mixed with new-crop soybeans losing the most. Morning market strength eventually gave way to selling after lunch.  Cattle futures closed lower, adding to the sharp losses posted Monday when some contracts were down the daily limit due to last Friday’s bearish Cattle on Feed Report.

Market Closes - May 18, 2016
May 18, 2016
Market Closes - May 18, 2016

CBOT futures closed mixed as traders anticipate how weather will impact planting progress and the acreage mix.  Commodity futures were impacted today by a stronger US Dollar that resulted from the release of the FOMC meeting minutes which suggests the FED could raise key interest rates in June if economic signals remain positive. Lean Hog futures closed lower with a 2 percent loss in the nearby June LH contract.

Market Closes - May 17, 2016
May 17, 2016
Market Closes - May 17, 2016

CBOT futures closed higher with a big jump in soybean and soymeal futures. Strong commercial demand for soybean meal along with aggressive buying from the speculative funds is fueling this rally.  Cattle futures closed higher like yesterday with the best gains coming in Feeder Cattle futures.

Market Closes - May 16, 2016
May 16, 2016
Market Closes - May 16, 2016

Trading at the CBOT was uneventful with closing prices little changed from Friday. Except for the nearby June Live Cattle contract, cattle futures closed higher with Feeder Cattle leading the way higher.  Lean Hog futures closed higher in the summer contracts and lower in the deferred ones (lost it in last 5 minutes of trading).