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CGM Producer Newsletter
Market Snapshot
Quotes are delayed, as of May 08, 2024, 12:03:24 PM CDT or prior.
Commentary
Corn Correcting Lower on Wednesday -

Futures are pulling back after a couple weeks of rallying and a USDA report on the horizon. Contracts are down anywhere from 6 to 8 cents across

Hogs Put Together Midday Rally on Wednesday -

Lean hogs were weaker to start the midweek session, but are posting midday gains of 7 to 75 cents. USDA’s National Average Base Hog negotiated

Wednesday Weakness in the Wheat Market -

Wheat are trading lower across all three exchanges on Wednesday. Chicago contracts are down a 9 to 11 cents at midday. Kansas City futures are 9 to

Cattle Fading on Wednesday with Weaker Beef Print -

Live cattle are fading the Tuesday gains with contracts down $1 to $1.50. Cash trade has yet to develop this week, with the Central Stockyards Fed

Cotton Posting Wednesday Gains -

The cotton market is shooting higher on Wednesday, as contracts are up 170 to 245 points with May expiring today. The US dollar index is up 105

Soybeans Pulling Back on Wednesday -

Soybeans are taking a breather on Wednesday, showing midday losses of 10 to 13 cents across most contracts. Soymeal is trading $3.70/ton lower in

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