Hogs: October lean hog futures fell $0.275 to $80.625, nearer the daily low. The lean hog futures market paused again today as bulls are working to stop the bleeding.
Cattle: October live cattle rose $2.15 to $212.925, near mid-range. November feeder cattle rose $3.975 to $311.475, also near mid-range. October live cattle and November feeder futures today saw decent short-covering buying and corrective rebounds after both markets hit eight-month lows on Wednesday.
Corn: December corn fell 3 cents to $5.33 1/2, near mid-range. The corn futures market bulls stopped to catch their breath today, following a nearly three-week big bull run.
Soybeans: November soybeans rose 2 cents to $12.68, nearer the daily high and hit another contract high. December soybean meal rose $1.60 to $340.90, nearer the daily high and closed at a nearly two-year high for the contract. December soybean oil rose 77 points to 68.51 cents, nearer the daily high.The soybean and meal futures saw the bulls step in to buy the early dips in prices—a sign of still-strong price uptrends.
Wheat: December SRW rose 12 1/2 cents to $7.60 3/4, nearer the daily high and scored another contract high. December HRW gained 13 1/4 cents to $8.22, nearer the daily high and hit a contract high. December spring wheat futures rose 9 3/4 to $7.57 3/4. December SRW rose 12 1/2 cents to $7.60 3/4, nearer the daily high and scored another contract high. December HRW gained 13 1/4 cents to $8.22, nearer the daily high and hit a contract high. December spring wheat futures rose 9 3/4 to $7.57 3/4.
Cotton: December cotton futures rose 327 points to 92.41 cents, near the daily high and hit a contract high. Cotton futures today saw solid speculator buying interest today amid bullish charts and scorching hot weather in much of the southern Plains cotton regions.