With the exceptions of feeder cattle and crude oil all of the home-grown, traded-agriculture-commodities in North America went into red figures as the market gave up some of its recent gains.
Weather news, suggesting mild and dry conditions for the American corn belt and improving crop-condition reports from the United States Department of Agriculture, mixed with Presidential tweets complaining about negotiating a trade deal with China to create a cocktail of negativity for buyers.
Canola felt the pain, dropping slightly, however relatively speaking not nearly the near one percent that soybeans fell at some points July 30 on Chicago markets.
Canola for November contracts settled at $447.80, down $1.60 per tonne. January to May contracts contracted by about a $1 while the July 2020 fell $1.40 to $473.50.
Soybeans on Chicago for the August contract were off 7 US cents, finishing at US$8.79 per bushel. Through to May the prices fell by up to 7.5 cents. May was down 5.75 cents to $9.33-75. Soybean meal was off by more than one percent.
September corn dropped more, falling 5.75 cents to reach $4.12, December corn was down 6 cents to $4.21-50 and March corn was off 5.75 to $4.31-75.
Minneapolis hard red spring wheat was down 3.5 cents to $5.29 per bushel. For March the contract was $5.53 down 2.75.
October feeder cattle were $143.88 up $1.30.
The Canadian dollar was down slightly, to 75.96 cents to the American dollar.
West Texas Intermediate crude was up 1.37 to 58.24 per barrel.
|Name / Contract||High||Low||Last||Change||Settlement|
|Canola Nov 2019 (updated 1:19PM(CST) on 7/30/2019)||450.00||446.10||447.80||-1.60||447.80|
|Canola Jan 2020 (updated 1:18PM(CST) on 7/30/2019)||458.10||453.90||456.10||-1.00||456.10|
|Canola Mar 2020 (updated 1:17PM(CST) on 7/30/2019)||465.10||460.90||463.30||-1.00||463.30|
|Canola May 2020 (updated 1:17PM(CST) on 7/30/2019)||470.50||466.30||468.70||-1.10||468.70|
|Canola Jul 2020 (updated 1:17PM(CST) on 7/30/2019)||475.40||471.90||473.50||-1.40||473.50|
|Soybean Aug 2019||887.00||871.50||878.75||-7.00||879.00|
|Soybean Sep 2019||892.75||877.00||884.25||-7.25||884.75|
|Soybean Nov 2019||905.25||889.50||896.75||-7.50||897.50|
|Soybean Jan 2020||918.75||902.75||910.00||-7.50||910.75|
|Soybean Mar 2020||930.00||914.75||922.25||-7.00||922.50|
|Soybean May 2020||939.00||925.00||933.25||-5.75||933.75|
|Soybean Meal Aug 2019||304.20||299.80||300.30||-3.90||300.40|
|Soybean Meal Sep 2019||306.30||302.10||302.70||-3.60||302.80|
|Soybean Meal Oct 2019||307.70||303.80||304.50||-3.50||304.60|
|Soybean Oil Aug 2019||28.57||28.15||28.31||-0.12||28.37|
|Soybean Oil Sep 2019||28.72||28.31||28.44||-0.15||28.51|
|Soybean Oil Oct 2019||28.84||28.43||28.57||-0.14||28.61|
|Corn Sep 2019||417.00||410.25||411.25||-5.75||412.00|
|Corn Dec 2019||426.75||419.75||421.00||-6.00||421.50|
|Corn Mar 2020||436.50||430.00||431.00||-5.75||431.75|
|Corn May 2020||440.50||434.50||435.50||-5.25||435.75|
|Corn Jul 2020||443.75||438.25||439.25||-5.00||439.50|
|Oats Sep 2019||260.25||256.00||257.50||-1.25||256.00|
|Oats Dec 2019||265.25||262.00||263.75||-0.50||262.25|
|Oats Mar 2020||269.00||267.50||268.75||unch||267.50|
|Oats May 2020||268.25||268.25||268.25||0.25||268.00|
|Oats Jul 2020||268.00||268.00||268.00||0.25||267.75|
|Wheat Sep 2019||503.25||495.00||497.25||-6.25||499.00|
|Wheat Dec 2019||508.50||501.00||503.00||-5.50||505.25|
|Wheat Mar 2020||518.00||510.75||512.50||-5.50||514.25|
|Wheat May 2020||522.00||516.50||518.00||-5.25||519.25|
|Wheat Jul 2020||524.25||519.25||520.25||-4.50||521.50|
|Spring Wheat Sep 2019||532.75||527.75||529.00||-3.50||529.00|
|Spring Wheat Dec 2019||543.75||538.50||541.25||-2.00||541.25|
|Spring Wheat Mar 2020||556.50||552.00||553.50||-2.75||553.50|
|Spring Wheat May 2020||563.00||562.50||563.00||-2.25||563.00|
|Spring Wheat Jul 2020||572.25||570.00||571.50||-1.75||571.50|
|Hard Red Wheat Sep 2019||436.00||430.00||433.50||-3.00||434.50|
|Hard Red Wheat Dec 2019||453.50||447.25||451.00||-3.00||451.50|
|Hard Red Wheat Mar 2020||470.00||464.00||467.50||-3.25||467.50|
|Hard Red Wheat May 2020||479.00||475.50||478.75||-3.00||479.00|
|Hard Red Wheat Jul 2020||485.00||482.00||484.00||-2.75||484.50|
|Live Cattle (Pit) Aug 2019||108.10||108.10||108.10||-0.55||108.10|
|Live Cattle (Pit) Oct 2019||109.08||109.08||109.08||-0.38||109.08|
|Live Cattle (Pit) Dec 2019||113.45||113.45||113.45||-0.40||113.45|
|Feeder Cattle (Pit) Aug 2019||143.10||143.10||143.10||0.80||143.10|
|Feeder Cattle (Pit) Sep 2019||144.05||144.05||144.05||1.23||144.05|
|Feeder Cattle (Pit) Oct 2019||143.88||143.88||143.88||1.30||143.88|
|Lean Hogs (Pit) Aug 2019||82.30||82.30||82.30||-2.13||82.30|
|Lean Hogs (Pit) Oct 2019||74.00||74.00||74.00||-2.45||74.00|
|Lean Hogs (Pit) Dec 2019||73.28||73.28||73.28||-2.18||73.28|
|Canadian Dollar Aug 2019||0.7596||0.7589||0.7596||-0.0005||0.7596|
|Crude Oil WTI Sep 2019||58.25||56.96||58.24||1.37||58.24|
Prices updated at 1:20PM(CST) on 7/30/2019