Market Commentary
Cotton -

Cotton futures settled Thursday with mixed trade, as Oct was down 10 points with Dec 9 points higher. This morning’s USDA Export Sales report

Lean Hogs -

Lean hog futures were down 65 cents to $1.85 on the day. The CME Lean Hog Index for 8/15 was 35 cents lower than the previous day at $84.03. The

Cattle -

Live cattle futures fell 87.5 cent to $2.35 on Thursday, as weaker cash trade was reported. Feeder cattle futures were $1.375 to $2.40 lower. The

Wheat -

Wheat futures finished the Thursday session with most CBT and KC contracts 2-5 1/4 cents in the red. MPLS was down 3 1/4 cents in nearby Sep with

Soybeans -

Soybean futures posted gains of 5 1/2 to 8 1/2 cents on Thursday. Sep soy meal was up $1.50/ton, with nearby bean oil 36 points higher. This

Corn -

Corn futures closed Thursday with most contracts 1 to 2 1/4 cents lower. The USDA indicated old crop sales of 62,424 MT, as 671,767 MT of new crop

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