The cotton market was materially lower today amid disappointing acreage projections. Although USDA had pegged 2025 acres down year/over/year by some 10%, traders were anticipating deeper cuts. However, acres were higher.
DTN Chart Technical Points 06/30 16:30 DTN FUTURES 10 6/30/25 SLOW STOCHASTIC
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/30/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 30 Exchange rate was 1.3628 down 0.0081
FARM MARKET NEWS - CORN REPORT FOR Mon, June 30 Exchange rate was 1.3628 down 0.0081
It was a mixed day for the livestock complex as the cattle contracts rallied aggressively but the lean hog contracts drifted lower. New showlists appear to be mixed, higher in Texas, and Nebraska/Colorado, but lower in Kansas.
September corn closed down 2 1/4 cents and December corn was down 1 1/2 cents. August soybeans closed down 3 1/2 cents and November soybeans were up 2 1/4 cents. September KC wheat closed down 7 cents, September Chicago wheat was down 2 1/2 cents, September MIAX Minneapolis wheat was down 7 1/4 cents.The U.S.
It's a mixed morning for the livestock complex as the cattle contracts are trading higher, but the lean hog complex is drifting lower as fundamental support isn't as strong as traders hoped it would be.
Corn futures are narrowly mixed at midday Monday; soybean futures are 9 to 12 cents higher; wheat futures are flat to 3 cents higher. The U.S. stock market is firmer with the S&P 11 points higher. The U.S.
Traders were waiting for something bullish to develop in the market to provide a reason to buy futures. There was no specific trigger to boost the strength on Friday, but futures jumped significantly. Hogs showed mixed trade with no specific fundamental direction to close the week.
USDA Daily Market Rates 06/30 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES)
