Market Snapshot
Quotes are delayed, as of May 07, 2024, 06:54:05 PM CDT or prior.


Local Weather
Forecast

Edon Grain Terminal & Main Office
205 S. Michigan
P.O. Box 308
Edon, OH  43518
419-272-2121
800-878-4093 
Edon Agronomy Plant 2
10-226 Co Rd 5
Edon, OH 43518
419-272-2415
800-878-4095

Edgerton
P O Box 426
117 E Morrison
Edgerton, OH  43517
419-298-2317
888-878-4093
Montpelier Grain Terminal
11-715 Co Rd 13
Montpelier, OH  43543
419-485-3117
800-548-0991


National Newswire


Commentary
Hogs Higher Across the Board
Lean hogs posted Tuesday strength, as contracts were up 15 to 62 cents on the session. USDA’s National Average Base Hog negotiated price was up 84 cents in the Tuesday afternoon report at $93.25. The CME Lean Hog Index was back down 16 cents on May 3 at $90.80. USDA’s...
Wheat Pulls Back on Turnaround Tuesday
Wheat futures are faced some weakness on Tuesday after the last couple weeks of rallying. Chicago contracts were down a penny to 7 ½ cents, as Kansas City futures were down 1 ½ to 11 ¼ cents on the day. MPLS spring wheat was stead to 6 ¼ cents in...
Soybeans Close Mixed as New Crop Takes Off Higher
Beans posted front month weakness, with losses of ½ to 2 ½ cents. New crop contracts were up 5 ¼ to 9 ¾ cents across most months.. Soymeal got some pull back with contracts out through Jan down 50 cents to $4.40. Deferred months were higher. Soy Oil saw gains...
Cattle in Rally Mode on Tuesday
Live cattle closed the Turnaround Tuesday session with most contracts 65 cents to $1.27 higher. Cash trade has yet to develop this week, as sales of $184 were reported in the South last week and a few trades in the North in a range of $186-188. Asks so far this...
Corn Faced with Tuesday Weakness As Drier Window Approaches
Corn futures slipped back on Tuesday, with contracts down ¼ to 3 ½ cents in the nearbys. Other contracts were steady to a penny higher. We got confirmation to a slowdown in US planting on Monday, but traders are looking ahead towards a period of drier weather across much of...
Cotton Posts Turnround Tuesday Bounce
The cotton market saw higher action on Tuesday, as they try to recover from the recent collapse in prices. Contracts closed with 30 to 49 point gains across most contracts, despite negative outside factors and faster than normal planting pace. The US dollar index was up 341 points, a negative...

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