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 retrieved on August 12, 2020, 12:34:55 PM CDT

Cotton Lower at Midday
The initial report response has front month futures down by 66 to 82 points. New crop cotton yield was upped by NASS to a record 938 lbs/acre. That is 14% above last year and 4% above the previous record for August of 2018/19. USDA revised new crop p...
Cattle Market Up Triple Digits
Yesterday, there were 6 more tenders against August fat cattle futures, the total through the first two days of deliveries is now 12 contracts. August is trading $1.55 higher so far, the other front month cattle futures are up 72 cents to $1.40 at mi...
Wheat Markets Still Falling
Wheat markets are in the red again at midday. SRW wheat futures are down 3 3/4 to 5 1/4 cents. KC wheat is falling back 1 1/4 to 3 1/2 cents. Spring wheat futures are firm to 2 1/2 cents lower so far. The new crop production estimate for wheat is 1.8...
Hog Market Mixed at Midday
Front month lean hog futures are trading lower through Dec and in May ’21, but Feb and April ’21 are up 15 and 7 cents respectively. The 08/10 CME Lean Hog index was $53.79 up by another 78 cents. USDA’s National Average Morning Base Hog price ...
Beans Higher at Midday
Through midday, the soy complex is mostly higher. Soybeans are gaining 1 3/4 to 3 cents in the front month futures. Meal futures are down 40 to 60 cents/ton. Bean oil futures are up 54 to 68 points so far. This morning, USDA announced the sale of 258...
Corn Reacting with Gains
Corn futures are up 1 1/2 to 2 cents from a sell the rumor buy the fact reaction to the USDA numbers. Analysts were anticipating bearish increases to yields and production, but the 181.8 bpa yield forecast was more bearish than the average estimate o...

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