CBOT futures are lower as U.S. growing conditions are excellent and extended forecasts don’t show any problems. Corn and wheat futures are technically weak, hitting new contract lows. November Soybeans are testing last week’s contract low.

Cattle futures are higher following through on Friday’s strength related to better-than-expected cash cattle prices. At midday, Choice Beef is up 2.02 cents.

Lean hog futures are also trading similar to Friday’s action with the nearby August LH contract down sharply on cash hog concerns.

Financial markets are weaker on the uncertainty of geo-political situations in the Ukraine and the Middle East.

Corn Sep -7 364; Dec -6 372 Bean Aug -5 1172; Sep -17 1087; Nov -19 1066 Meal Aug -1 379; Oct -7 347 Oil -30 3627 Wheat Sep -6 526; Dec -6 550; KC -7 627; MGE -9 621 Oats -1 330 Rice -8 1304

LC Aug +90 15252; Dec +77 15532 FC Aug +47 21212; Oct +42 21297; mar +32 20492 LH Aug -137 12570; Oct -30 11325; Dec +35 10395 Milk Aug -4 2129; Sep -8 2025

US$ +.1%

Dow -.4% SP -.4% NAS -.4% Tran -.3% VIX +8.2% 13.05

WTI +.4% Brent -.1% Gas +.7% NG -2.7% HO +.1% Eth -1.2% gold +.2% slvr +.3%

5-yr -.006 1.660% 10yr -.027 2.457% 30yr -.042 3.250%

KENTUCKY CASH GRAIN PRICES – Click Here 

KENTUCKY LIVESTOCK AUCTIONS --  Click Here 

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