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Market Snapshot
Quotes are delayed, as of April 02, 2025, 09:18:45 PM CDT or prior.
Commentary
Cattle Rally on Liberation Day -
Live cattle futures were rallying into Liberation Day, with contracts up $1.25 to $2 at the close. This morning’s Fed Cattle Exchange online Hogs Round Out Wednesday Mixed, as Mexico Left Off the Reciprocal Tariffs -Lean hog futures posted mixed trade on Wednesday, with contracts down 35 to 50 cents in the nearbys and pulling off their lows into the close. Wheat Mixed at Wednesday’s Close -Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses Cotton Closes Lower on Wednesday, as Reciprocal Tariffs Announced -Cotton futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US Corn Fall on Wednesday as Liberation Day Tariffs Announced -Corn futures closed the midweek session with contracts fractionally lower in some new crop months to as much 4 cents in the red for nearbys. The Soybeans Slip Lower on Wednesday, with Reciprocal Tariffs Announced -Soybeans pulled off the lows on Wednesday, but still closed in the red, down 2 to 5 cents. CmdtyView’s national front month Cash Bean price was Full commentary... |
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