Texhoma:  P.O. Box 10018 - 7191 US Hwy 54 West Texhoma, TX 73960  Store Hours:  M-F 7:30am - 5:00pm Sat. 7:30am - 12:00pm  Phone:  (806) 827-7261      Fax:  (806) 827-7263     Email:  twg@wheatgrowersinc.com

Guymon: 3205 County Rd W - Guymon, OK 73942 Hours:  M-F 8:00am - 5:00pm  Phone:  (580) 338-4586

 


Futures
Quotes are delayed, as of May 13, 2021, 07:15:26 PM CDT or prior.

Triple Digit Losses for Thursday Cattle
Fat cattle futures bounced back from limit losses touched earlier in the session, though they still closed $2.50 to $3.00 in the red. Cash cattle sales for the week so far have been $119 to $120.25. Dressed trade seems to have gravitated to $191. Feeder cattle futures ended the Thursday...
Cotton Closes Down Triple Digits
At the close of the Thursday session, front month cotton futures were 202 to 325 points in the red. Old crop July was the weakest, tightening the inversion to 58 points above December.  Cotton export bookings were down 15% week to week per data from USDA’s weekly Export Sales report....
Hogs End Session Triple Digits Lower
At the closing bell for the Thursday sell off, hog prices were $1.45 to $1.92 in the red. Prices are triple digits in the red so far at midday. USDA’s National Average Afternoon Base Hog price for Thursday was down another $2.28 to $113.45. The May 11th CME Lean Hog...
Wheat Closes Off Lows, Still Sharply Lower
Front month wheat futures bounced off the sharp losses on Wednesday, but still closed about 30 cents lower. CBT futures ended the session 25 to 28 1/4 cents in the red. KC wheat futures closed 30 1/2 to 31 3/4 cents in the red. The new crop cash HRW/corn spread...
Corn Closes Limit Lower
Futures bounced back from limit losses during the afternoon. Old crop July prices were back to the minus 40 cent mark by the close. New crop futures stayed off the limits, and corn futures will maintain the 40 cent daily limit for tomorrow’s trade.  USDA’s weekly Export Sales data release...
Soy Complex Closes Deep Red
Front month soybeans ended the Thursday session with losses of 35 3/4 to 58 1/2 cents. Old crop beans were weaker on the day, allowing for the inverse to tighten. The July to November soybean inverse is still $1.87/bu at the close. Meal futures ended the session $25.30 to $27/ton...

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