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Oklahoma USDA Newswire



Market Overview
Quotes are delayed, as of April 15, 2024, 11:31:04 PM CDT or prior.

Weather Radar
Forecast

Commentary
Corn Leaks Lower, USDA Confirms Speedy Early Planting Pace
Corn prices ended the Monday session with contracts 1 3/4 to 4 cents lower across the board. May never recovered from early weakness and closed with a 4 cent loss, while December was down 2 ¾ cents. USDA reported a private export sale of 165,000 MT of corn to Mexico...
Beans Drop Despite Record Crush
Bean futures fell anywhere from 5 ½ to 15 ¾ cents on Monday, as the front months felt the brunt of the impact. May was down 15 ¾, with November 9 cents in the red. Soymeal futures were back down $5.90 in the May, with other front months $3.50 to...
Hogs Mixed at the Close
Lean hogs posted mixed trade on Monday, with the front months 37 to 45 cents higher and other contracts down 10 to 67 cents. USDA’s National Average Base Hog negotiated price was down 89 cents in the afternoon report to $85.71. The CME Lean Hog Index was another 72 cents...
Wheat Closes Lower, USDA Reports Lower Conditions
The wheat complex posted losses across the three exchanged on Monday. Kansas City was 2 ¾ to 6 ¼ cents lower on the session. Chicago contracts were fractionally to 4 ¼ cents lower at the close. MPLS was down another 3 to 6 cents on the day. The FGIS Export...
Cattle Try to Reverse Weakness With Monday Rally
Live cattle slipped off the midday highs into the close, but were still $1.40 to $2.37 higher on Monday. There have yet to be any delivery notices for April futures through Monday. Cash action was quiet on Monday, with last week reported @ $182 in the South and Northern action...
Cotton Bounces on Monday
Cotton futures saw some strength on Monday, with futures up 16 to 62 points. Crude oil closed with just a 3 cent gain, as Israel signaled possible retaliation over the weekend’s strike from Iran. The US dollar index was up 168 points. Cotton planting across the US has now been...

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