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Oklahoma USDA Newswire



Market Overview
Quotes are delayed, as of June 04, 2024, 01:04:32 AM CDT or prior.

Weather Radar
Forecast

Commentary
Corn Pulls Back USDA, Confirms Solid Crop Ratings
Corn futures ended the Monday session with contracts down 2 to 5 cents across the front months, after failing overnight gains. Crop Progress data from Monday afternoon showed 91% of the US corn crop planted by June 2, 2% ahead of the five-year average pace. Emergence was tallied at 74%,...
Soybeans Fall Double Digits to Start June
Soybeans ended the Monday session with contracts down 20 to 21 cents in the nearbys to start the month. Soymeal was $3.20 to $4.70/ton lower and faded late in the day to pushed things lower. Soy Oil fell 141 to 143 points across the board on Monday. The weekly Crop...
Cattle Pull Off Monday Lows to Close Mixed
Live cattle are down anywhere from a tick to $1.02 at midday to start June trade. Cash cattle markets saw the North reported at $190 last week, down $2 on the week. The South traded hands at $186, a $1 pullback. Feeders are slipping $1.25 to $2 lower on Monday....
Hogs Slip Lower on Monday
Lean hogs ended the Monday session slipping lower, with contracts down 70 cents to $1. USDA’s National Average Base Hog negotiated price was reported at $88.30 in the Monday afternoon report, up $2.45 from the day prior. The CME Lean Hog Index was up 49 cents on May 30 at...
Wheat Fades Lower on Monday
The wheat market reversed the stronger overnight trade, with losses across the board on Monday. Contracts in Chicago were down 4 to 5 ½ cents. Kansas City futures were 6 to 9 ¼ cents lower at the close. MPLS spring wheat was down 5 to 6 cents to start out...
Cotton Posts Limit Losses on Monday
Cotton futures posted sharp losses on Monday, with most contracts down 98 to 228 points and July down the 300 point limit. Crude oil pressured the market, with losses of $74.02/barrel, with the US dollar index down 622 points. Crop Progress data showed 70% of the US cotton crop planted,...

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