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Kensington, Kansas (66951)
Current Conditions Scattered Clouds
Temperature 53°F
Dew Point 26°F
Pressure 29.91 in. Hg
Humidity 35%
Wind 11 mph
From North


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Market Commentary
Cotton Fading by Triple Digits
Cotton futures are down by triple digits through midday. That comes off earlier session gains of triple digits and is tied to the plunging US stock market and concerns about economic activity. Weekly CFTC data showed managed money firms were 844 contracts more net long in cotton during the week...
Wheat Prices Gaining through Midday
Wheat futures are starting the week with gains led by double digits in HRW. KC wheat futures are up 1.5% to 1.9% with the board back above the $8 mark. Chicago wheat futures are up 8 3/4 to 9 1/2 cents through Monday’s midday. Spring wheat is Domestic wheat futures...
Hogs Continuing Higher
Lean hog prices are another $0.67 to $1.27 stronger on the rally to new contract highs through Monday’s midday. For May, that new LOC high is now in the $100s. August futures are the outlier with a midday pullback of 7 cents. USDA’s National Average Base hog price for Monday...
Corn Prices Weaken out of Weekend
Front month corn futures are trading 1 1/4 to 4 1/2 cents in the red through midday. New crop is weaker so far. USDA announced a private corn sale this morning, as unknown destinations bought 150k MT of old crop corn. USDA’s weekly Export Inspections report showed corn shipments were...
Soy Market Red for Midday
Front month soybeans are down double digits with 18 to 26 1/2 cent losses so far for Monday. Meal prices are $3.30 to $4.10 in the red so far. BO prices are down by triple digits through midday with 2.3% to 2.35% losses. They had been sharply higher last week....
Cattle Market Down Triple Digits
Monday’s market for fat cattle futures has the board $1.55 to $2.65 in the red so far. Feeder cattle are also triple digits weaker with $2.87 to $3.87 losses so far. USDA reported the bulk of cash sales were at $137 for last week. For The CME Feeder Cattle Index...

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