USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/18/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
FARM MARKET NEWS - CORN REPORT FOR Tue, February 18 Exchange rate was 1.4173 up 0.0026
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, February 18 Exchange rate was 1.4173 up 0.0026
March corn closed up 5 3/4 cents and May corn was up 7 cents. March soybeans closed up 2 1/2 cents and May soybeans were up 2 3/4 cents. March KC wheat closed up 6 cents, March Chicago wheat was up 4 3/4 cents, March Minneapolis wheat was up 7 1/2 cents.
The cotton market finished the first trading day of this abbreviated week with a positive close.
It's a mixed marketplace for the livestock industry as the complex nears Tuesday's noon hour. Both the lean hogs and feeder cattle are trading higher, but the live cattle complex continues to trade lower in its nearby contracts.
Corn futures are 5 to 6 higher at midday Tuesday; soybean futures are 2 to 3 cents higher; wheat futures are 7 to 8 cents higher. The U.S. stock market is mixed with the S&P 4 points higher. The U.S.
February 18, 2025 Portland Price Trends
The cotton market is somewhat higher Tuesday morning, prompted by the NCC acres survey for 2025.
Cattle futures were under pressure Friday due to the weakness of cash. Feedlots decided to hold out and carry cattle over to the next week. Hog futures slipped lower as February went off the board and ahead of the extended weekend.
USDA Daily Market Rates 02/18 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES)
March corn is up 2 cents and March soybeans are down 3/4 cents. March KC wheat is down 4 1/2 cents, March Chicago wheat is down 2 3/4 cents, and March Minneapolis wheat is down 2 3/4 cents.
