Summary of the June 30th, 2015

USDA Reports

           
 

June USDA Grain Stocks

Last Year USDA Grain Stocks

15/16 USDA Acerage March USDA Acerage
Corn   4447 3852 88.897 89.199
Soybeans 625 405  85.139 84.635
Wheat 753 590 56.079 55.367
Cash Bids
Name Delivery End Cash Price Basis Month Futures Price Basis
Pick Up Bid
Dlvd IL River
Shuttle Train Adair

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Quotes retrieved on July 04, 2015, 08:37:49 AM CDT
Commentary
Wheat -

Wheat futures finished mixed on the day.  CHI wheat was 2 cents down to 5 cents higher (23 cents higher from last week).  KC

Cattle -

Live cattle futures closed mostly higher, with August and October prices gaining 15 and 42 cents, but December losing 2 1/2.  Feeder

Soybeans -

Soybean futures finished the Thursday trade mixed, with prices ranging from 3 cents down to 2 cents higher.  Contracts traded within an

Ag Market Commentary -

Corn futures are heading into the holiday weekend up 4 to 6 cents.  At $4.37 1/4, Dec15 corn marks a new calendar year high. 

Lean Hogs -

Lean hog futures closed 30 cents to $1.70 higher on Thursday.  Prices were 4.22% higher, about $3.32, in the hog market from last Friday

Cotton -

Cotton futures finished the weekly trade 27 points higher in both July and October, but 15 and 4 points lower in December and next March. 

Full commentary...
Market Snapshot
Quotes retrieved on July 04, 2015, 08:37:49 AM CDT
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