Cotton Falls Lower on Friday
Cotton Falls Lower on Friday
Cotton futures posted losses of 12 to 92 point losses on Friday, with March falling 123 points on the week. The outside factors should be supportive but were not, as the…
Corn Slips Lower to Close Out January
Corn Slips Lower to Close Out January
Corn futures closed the Friday session with contracts pulling off midday lows but still down 2 to 4 cents. March was down 2 ¼ cents this week. The CmdtyView national…
Wheat Slips Lower into Friday’s Close
Wheat Slips Lower into Friday’s Close
The wheat complex gave into weakness on Friday, as a $0.893 gain in the dollar index added some pressure. Chicago SRW futures saw 3 to 4 ¼ cent losses on…
Soybeans Falling on Friday
Soybeans Falling on Friday
Soybeans are trading with 10 to 11 point losses in the front months on Friday. The cmdtyView national average Cash Bean price is 2 3/4 cents lower at $10.05. Soymeal futures are…
Sugar Prices Sink as Global Surpluses Expand
Sugar Prices Sink as Global Surpluses Expand
March NY world sugar #11 (SBH26) today is down -0.44 (-2.99%), and March London ICE white sugar #5 (SWH26) is down -6.40 (-1.55%).This week's plunge in sugar prices continued today,…
Cotton Facing Outside Pressure on Friday
Cotton Facing Outside Pressure on Friday
Cotton futures are down 34 to 51 points at midday. Crude oil futures were up $0.85 per barrel on the day at $64.57. The US dollar index was back up…
Corn Facing Pressure to Close Out January
Corn Facing Pressure to Close Out January
Corn futures are falling back lower on Friday, with contracts down 5 to 5 ½ cents in the front months at midday. The CmdtyView national average Cash Corn price is down…
Cocoa Prices Pressured by Abundant Supplies and Slack Demand
Cocoa Prices Pressured by Abundant Supplies and Slack Demand
March ICE NY cocoa (CCH26) on Friday closed down -12 (-0.29%), and March ICE London cocoa #7 (CAH26) closed down -1 (-0.03%).Cocoa prices extended their month-long slide on Friday, with…
Crude Prices Falter as President Trump Dials Down Rhetoric on Iran
Crude Prices Falter as President Trump Dials Down Rhetoric on Iran
March WTI crude oil (CLH26) on Friday closed down -0.21 (-0.32%), and March RBOB gasoline (RBH26) closed up +0.0069 (+0.36%).Crude oil prices gave up an early advance and turned lower…
Dollar Rallies and Precious Metals Plummet on Trump’s Pick for Fed Chair
Dollar Rallies and Precious Metals Plummet on Trump’s Pick for Fed Chair
The dollar index (DXY00) on Friday rose by +0.79%. The dollar rallied on Friday after President Trump nominated Keven Warsh as the next Fed Chair. Mr. Warsh is seen as…
Coffee Prices Retreat on Forecasted Rains for Brazil
Coffee Prices Retreat on Forecasted Rains for Brazil
March arabica coffee (KCH26) on Friday closed down -13.25 (-3.845%), and March ICE robusta coffee (RMH26) closed down -66 (-1.58%).Coffee prices retreated on Friday, with arabica posting a 5.5-month nearest-futures…
Soybeans Close January with Losses
Soybeans Close January with Losses
Soybeans posted weakness to close out Friday, with contracts 8 to 10 cents in the red. That pushed March lower on the week by 3 ½ cents. The cmdtyView national…