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Local Weather
Forecast

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Market Snapshot
Quotes are delayed, as of March 01, 2024, 07:32:36 AM CST or prior.

Commentary
Friday Starting Mixed for Cotton Futures
May cotton futures rallied back over the $1/lb mark overnight, but have since given it back and are trading 63 points in the red. New crop Dec is still in the black this morning. The bonus day for the month of Feb finished with Cotton prices 38 to 195 points...
Soybeans Trying to Close Week Higher
Friday morning strength has soy futures up by 5 ¾ to 7 cents so far, leading May to a net 6c gain for the week’s move. The front month soybean futures market was down by 1 ½ to 5 ¾ cents across the front months on the day. The May...
Cattle Futures to Close the Week and Start the Month
The live cattle market ended the last trade day of the month with 60 to 95 cent losses. Despite that, April was still up by a net $4.65 for the month’s move. Feb cattle expired at $184 flat. Feeder cattle were down by triple digits on the last trade day...
Wheat Starting March Weaker
Wheat futures are down by 5 to 6 cents across the U.S. classes. CME reported 116 deliveries against SRW, with Marex customers stopping them all. MTD 600 contracts have entered the delivery process. There were also 10 deliveries for KC wheat, bringing the MTD total to 66. After trading mixed...
Hogs Closed Higher on Thursday
The bonus day for the month of Feb finished with the lean hog board 27 to 67 cents stronger. April futures were a net $1.80 higher for the month. USDA’s National Average Base Hog price was $1.02 stronger to $75.49 for Thursday. The CME Lean Hog Index was $79.91 up...
Corn Market Starting Weaker on Friday
Corn is working a penny off the overnight lows but still 1 ¼ to 1 ¾ cents weaker into the last trade day of the week. Feb ended with UNCH to 2 ½ cent gains across the front month corn futures. May prices were down by a net 29 cents...

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