Cotton Posting Monday Pop Higher
Cotton Posting Monday Pop Higher
Cotton futures are up 22 to 28 points a midday. The US dollar index was back down $0.375 to $98.545, as crude oil futures are another $1/barrel lower. OPEC+ announced…
Cocoa Prices Retreat on Reduced Supply Concerns
Cocoa Prices Retreat on Reduced Supply Concerns
September ICE NY cocoa (CCU25) on Monday closed down -130 (-1.58%), and September ICE London cocoa #7 (CAU25) closed down -111 (-2.02%).Cocoa prices retreated Monday, with NY cocoa posting a…
Nat-Gas Prices Tumble on Higher US Nat-Gas Production
Nat-Gas Prices Tumble on Higher US Nat-Gas Production
September Nymex natural gas (NGU25) on Monday closed down -0.151 (-4.90%).Sep nat-gas prices on Monday tumbled to a 3.5-month low and settled sharply lower. Ramped-up US nat gas production is…
Dollar Falls with Bond Yields on Fed Rate Cut Speculation
Dollar Falls with Bond Yields on Fed Rate Cut Speculation
The dollar index (DXY00) on Monday added to last Friday’s losses and fell by -0.38%. The dollar moved lower Monday on negative carryover from last Friday’s weaker-than-expected US payroll and…
Wheat Mixed at Midday
Wheat Mixed at Midday
Wheat is trading with contracts mixed across the three markets on Monday. Chicago SRW futures are up 1 to 2 cents on the session. KC HRW contracts are slipping with…
Signs of Stronger Global Sugar Demand Lift Prices
Signs of Stronger Global Sugar Demand Lift Prices
October NY world sugar #11 (SBV25) on Monday closed up +0.07 (+0.43%), and October London ICE white sugar #5 (SWV25) closed up +3.80 (+0.82%).Sugar prices settled higher on Monday as…
Corn Losses Leaking into Monday
Corn Losses Leaking into Monday
Corn futures are trading with 2 to 3 cent losses so far on Monday. Preliminary open interest on Friday was down 10,784 contracts. The CmdtyView national average Cash Corn price was…
Coffee Prices Rally on Below-Average Rainfall in Brazil
Coffee Prices Rally on Below-Average Rainfall in Brazil
September arabica coffee (KCU25) on Monday closed up +4.35 (+1.53%), and September ICE robusta coffee (RMU25) closed up +91 (+2.73%).Coffee prices rallied sharply on Monday as below-average rainfall in Brazil…
Soybeans Popping Higher on Monday’s Midday
Soybeans Popping Higher on Monday’s Midday
Soybeans are showing some early week strength, with futures are up 5 to 8 cents. There were another 5 deliveries issued for August soybeans overnight. The cmdtyView national average Cash Bean…
Stocks Supported by Fed Rate Cut Hopes
Stocks Supported by Fed Rate Cut Hopes
The S&P 500 Index ($SPX) (SPY) today is up +0.90%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.28%. September E-mini S&P…
Ryman Hospitality Properties (RHP) Beats Q2 FFO and Revenue Estimates
Ryman Hospitality Properties (RHP) Beats Q2 FFO and Revenue Estimates
Ryman Hospitality Properties (RHP) came out with quarterly funds from operations (FFO) of $2.05 per share, beating the Zacks Consensus Estimate of $1.96 per share. This compares to loss of…
Prothena (PRTA) Reports Q2 Loss, Lags Revenue Estimates
Prothena (PRTA) Reports Q2 Loss, Lags Revenue Estimates
Prothena (PRTA) came out with a quarterly loss of $1.03 per share versus the Zacks Consensus Estimate of a loss of $0.92. This compares to loss of $0.88 per share…