Supply Concerns Support Cocoa Prices
May ICE NY cocoa (CCK25) Thursday closed up +25 (+0.27%), and May ICE London cocoa #7 (CAK25) closed up +3 (+0.04%).Cocoa prices Thursday settled slightly higher. Lingering supply concerns are…
Cattle Close Mixed, with Feeders Continuing Decline
Live cattle futures saw some light rebound action on Thursday, with contracts up 30 cents to $1.35 at the close. Cash trade saw some light action across the country at…
Soybeans Rally on Thursday Ahead of Trump/Xi Meeting Next Week
Soybeans saw 10 to 13 cent gains across most contracts on Thursday. November options expire on Friday. The cmdtyView national average Cash Bean price was 10 3/4 cents higher at $9.75…
Wheat Bulls Putting it in Rally Mode at Midday
The wheat complex bulls are finally finding their footing on Thursday. CBT soft red wheat futures are 7 to 8 cents higher so far on the day. KC HRW futures…
Hogs Head Lower on Thursday
Lean hog futures closed out the Thursday session with losses of 52 to 87 cents across the front months. The national average base hog price was reported at 77.84 on…
Cotton Pops Higher on Thursday
Cotton futures closed the Thursday session with contracts 25 to 33 point gains. Crude oil was up another $3.25/barrel, following increasing US sanctions on Russian oil companies and reports that…
Cotton Rallying on Thursday with Outside Support
Cotton futures are trading with 38 to 43 points higher at midday. Crude oil is up another $3.25/barrel, following increasing US sanctions on Russian oil companies and reports that Chinese…
Wheat Bulls Get Footing on Thursday, with Double Digit Gains
The wheat complex bulls gathered up some steam on Thursday, with the three exchanges higher at the close. CBT soft red wheat futures closed with 8 to 10 cent gains…