Live cattle futures ended the Monday session with losses of $1.20 to $1.75 following Friday’s bearishly construed Cattle on Feed report.
Lean hog futures finished Monday with most contracts steady to $1.40 higher. The CME Lean Hog Index for 11/16 was down 55 cents to $65.42. The
Soybean futures settled the day with fractional losses in the front months as back months were higher. December meal was up $1.60/ton, with nearby
Cotton futures were 68 to 159 points in the green on Monday, despite the US dollar rising 408 points. The afternoon Crop Progress report showed the
Ag Market Commentary
Corn futures closed the Monday session with most contracts 1 to 2 cents in the green. Support came from feed demand shown in Friday’s Cattle
Wheat futures saw losses of 5 to 10 cents in most contracts today, as MPLS was the weakest. All wheat exports during the week ending November 16