Cattle futures opened lower, rallied into plus territory, and are now down $.85 to $1.72. The Cattle on Feed report leaned bearish overall, but the
Wheat futures are trading double digits lower at midday as life of contract lows have given way in several contracts. Slow exports and
Lean hog futures care trading 5 to 60 cents higher at midday. The CME Lean Hog Index rose 21 cents to $65.39. The pork carcass cutout gained another
Soybean futures are currently trading 3 to 5 cents higher, buoyed by a USDA announced 158,000 MT export sale to unknown destinations this morning.
Corn futures are trading 2 to 4 cents lower at midday. Slippage in old crop feed use and improved planting progress are the main drivers.
Cotton futures are trading 20 to 110 points higher at midday, with May the strongest on zero deliveries to data. The Cotlook A Index was up 2.40 at