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August 7, 2017
In the News
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 WEEKLY COMMODITY HIGHLIGHTS
Nearby
Futures | Weekly
Change | Friday's
Close | Year
Ago |
| Corn | -0.0775 | 3.6650 | 3.2075 |
| Soybeans | -0.5150 | 9.4925 | 9.9050 |
| Wheat | -0.2625 | 4.5475 | 4.0325 |
| Cattle | 2.55 | 115.45 | 116.325 |
| Hogs | 1.82 | 83.23 | 67.70 |
| Cotton | 0.77 | 70.99 | 75.86 |
| Milk | -0.23 | 16.33 | 16.99 |
| Crude Oil | -0.13 | 49.58 | 41.93 |
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Soybean futures fell to five-week lows last week under heavy pressure from rising crop expectations spurred by improved U.S.
crop ratings and below-normal temperatures across the Midwest growing belt.
Corn futures were pressured by favorable Midwest weather as well as poor export demand for U.S.
corn, but losses were trimmed by short covering triggered by supportive private yield estimates.
Wheat futures came under renewed pressure from large world supplies and prospects for stiff export market competition amid rising expectations for Russia's wheat crop.
Cotton futures edged higher on support from dwindling certificated stocks and concerns about excessive rains in India's cotton growing regions.
Livestock futures firmed last week with live cattle futures finding support from short profit taking spurred by their discounts to cash and technical factors.
Prospects for large fed cattle supplies this fall limited gains.
Lean hog futures were supported ideas they were too far discount to the cash market as cash prices stabilized.
Gains were limited by seasonal weakness in wholesale pork prices amid rising hog supplies.
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