Corn Pulling Back as USDA Finds More Corn
Corn futures are falling 6 to 7 cents across most contracts so far on Tuesday, as USDA found a few more bushels than the trade had expected in today’s Grain…
Dollar Weakens on US Government Shutdown Worries
The dollar index (DXY00) on Tuesday fell by -0.12%. The dollar was under pressure on Tuesday due to the likelihood of a government shutdown on Wednesday. Also, comments from Fed…
Corn Falls Lower on Monday, as Stocks Come in Well Above Estimates
Corn futures fell 6 to 7 cents across most contracts on the Tuesday session, as USDA found a couple (hundred million) more bushels than the trade had expected in the…
Cotton Posts Tuesday Gains
Cotton futures got a Turnaround Tuesday bounce, with contracts up 10 to 27 points at the close. The US dollar index was down another $0.089 on the day to $97.495, with…
Soybeans Fall on Tuesday, Failing to Follow Tighter Stocks Number
Soybeans closed with weakness despite the tighter than expected stocks total, as contracts were down 8 to 9 ½ cents. The cmdtyView national average Cash Bean price was 9 1/2 lower…
Cattle Push Higher on Tuesday, as Feeders were the Leaders
Live cattle futures saw Tuesday gains of 52 to 95 cents. Cash trade has yet to get kicked off this week, with early action compiling showlists. Last week settled in at…
Wheat Closes with Losses as USDA Hikes Output
The wheat complex fell across the three markets on Tuesday, as USDA found a few more bushels via the production number on Tuesday morning. CBT soft red wheat futures were…
Hogs Close the Month with Weakness
Lean hog futures saw some month end pressure on Tuesday, with contracts $1.30 to $1.65 lower at the close. USDA’s national base hog price from the Tuesday afternoon was down…
Sugar Prices Supported by a Weaker Dollar and Stronger Global Demand
October NY world sugar #11 (SBV25) on Tuesday closed up +0.08 (+0.50%), and December London ICE white sugar #5 (SWZ25) closed up +6.00 (+1.30%).Sugar prices moved higher on Tuesday, with…
Nat-Gas Prices Gain on Anticipation of Colder US Weather
November Nymex natural gas (NGX25) on Tuesday closed up +0.036 (+1.10%).Nov nat-gas prices rallied to a 2.25-month nearest-futures high on Tuesday and settled higher on the outlook for colder US…