Cotton Collapses into the Close
Cotton Collapses into the Close
Cotton futures were under pressure on Monday with contracts closing 75 to 90 points in the red. The US dollar index was down $0.199 on the day to $97.625. Losses of…
Dollar Weakness Spurs Short-Covering in Sugar Futures
Dollar Weakness Spurs Short-Covering in Sugar Futures
October NY world sugar #11 (SBV25) today is up +0.16 (+1.01%), and December London ICE white sugar #5 (SWZ25) is up +2.20 (+0.48%).Sugar prices are moving higher today and posted…
Soybeans Posting Midday Weakness
Soybeans Posting Midday Weakness
Soybeans are trading with 3 to 4 cent losses at the midday portion of the Monday session. The cmdtyView national average Cash Bean price is 3 1/4 cents lower at $9.35…
Wheat Posting Midday Strength
Wheat Posting Midday Strength
The wheat complex is trading through Monday with slight gains. CBT soft red wheat futures are 1 to 2 cents higher so far on the session. KC HRW futures are…
Soybeans Posting Midday Weakness
Soybeans Posting Midday Weakness
Soybeans posted steady to 3 ½ cent lower trade to close the Monday session, led by the front month weakness. The cmdtyView national average Cash Bean price was 3 1/2 cents…
Wheat Pulls Back to Close Mixed on Monday
Wheat Pulls Back to Close Mixed on Monday
The wheat complex closed the Monday session mixed across the three markets. CBT soft red wheat futures were fractionally mixed and front months lower. KC HRW futures posted 2 ¼…
Coffee Prices Decline on Above-Average Rainfall in Brazil
Coffee Prices Decline on Above-Average Rainfall in Brazil
December arabica coffee (KCZ25) on Monday closed down -5.85 (-1.55%), and November ICE robusta coffee (RMX25) closed down -15 (-0.36%).Coffee prices settled lower on Monday due to above-average rainfall in…
Dollar Falls and Gold Rallies to a Record High on Fed Easing Prospects
Dollar Falls and Gold Rallies to a Record High on Fed Easing Prospects
The dollar index (DXY00) on Monday fell by -0.22%. The dollar moved lower on Monday due to speculation that weak US labormarket newsthis week, including the August JOLTS job openings,…
Stocks Finish Higher as Bond Yields Slip and Chip Makers Climb
Stocks Finish Higher as Bond Yields Slip and Chip Makers Climb
The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.26%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.44%. December E-mini S&P…
Cattle Post Monday Losses
Cattle Post Monday Losses
Live cattle futures closed out the Monday session with contracts 15 cents to 47 cents lower. Cash trade has yet to get kicked off with Monday compiling showlists. Last week settled…
Hogs Closes Mixed on Monday
Hogs Closes Mixed on Monday
Lean hog futures were mixed at the Monday close, with contracts 7 to 70 cents lower in the front months and deferreds up 2 to 35 cents. USDA’s national base…
Crude Prices Sharply Lower on Prospects of Larger Global Oil Supplies
Crude Prices Sharply Lower on Prospects of Larger Global Oil Supplies
November WTI crude oil (CLX25) on Monday closed down -2.27 (-3.45%), and November RBOB gasoline (RBX25) closed down -0.0471 (-2.37%).Crude oil and gasoline prices fell sharply on Monday due to…