The Latest from Delta Farm Press
• Estimated U.S. cotton production was lowered 455,000 bales to 18.4 million bales, due to reductions in yields for Texas. Higher production was estimated for the Delta and Southeast regions. Yield is expected to average 821 pounds per acre, up 44 pounds from last year.• U.S. corn production is forecast 124 million bushels lower as estimated yields declined 1.5 bushels to 154.3 bushels per acre.• U.S. soybean production is forecast at 3.375 billion bushels, down 33 million bushels from last month.
| Contract | Last | Change | High | Low | Open | Last Trade |
|---|---|---|---|---|---|---|
| Jul 23 Corn | 604 | +13.25 | 606.75 | 588.25 | 590.25 | 05:00 AM |
| Mar 23 Oats | 340.25 | -5.5 | 340.25 | 340.25 | 340.25 | 11:52 PM |
| Jan 23 Class III Milk | 19.48 | +0.03 | 19.48 | 19.45 | 19.45 | 06:00 AM |
| Jan 23 Soybean | 1538.25 | +8.75 | 1538.25 | 1525 | 1525 | 06:00 AM |
| Aug 23 Soybean | 1261 | +11.25 | 1267.75 | 1246.5 | 1250 | 05:00 AM |
| Jan 23 Feeder Cattle | 179.57 | -0.005 | 179.57 | 179.57 | 179.57 | 12:56 AM |
| Jan 23 Ethanol Futures | 2.161 | unch — | 2.161 | 2.161 | 2.161 | 12:55 AM |
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