Cotton Extending Weakness to Thursday
Cotton futures are trading with Thursday midday losses of 56 to 93 points. The US dollar index was up $0.540 on the day to $97.060, with crude oil futures $0.36 lower. USDA…
Hog Bulls Taking Some Gains Back on Thursday
Lean hog futures are posting 30 to 40 cent gains across most contracts on Thursday. USDA’s national base hog report from Thursday morning was reported at $106.57, up 32 cents…
Favorable West African Weather Weighs on Cocoa Prices
May ICE NY cocoa (CCK25) today is down -56 (-0.69%), and May ICE London cocoa #7 (CAK25) is down -88 (-1.39%).Cocoa prices today are moderately lower as favorable weather in…
Nat-Gas Prices Plunge as EIA Inventories Climb and US Temps Cool
October Nymex natural gas (NGV25) on Thursday closed down -0.161 (-5.19%).Oct nat-gas prices sold off sharply on Thursday due to a larger-than-expected build in weekly EIA nat-gas inventories. The EIA…
Dollar Moves Higher with Bond Yields
The dollar index (DXY00) today is up by +0.50%. The dollar is moving higher today after bond yields rose on hawkish comments from Kansas City Fed President Schmid who said…
Record Highs for Major Stock Indexes as Chip Makers Soar
The S&P 500 Index ($SPX) (SPY) today is up +0.67%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.46%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.19%. September E-mini S&P futures…
Arabica Coffee Prices Rebound on Brazilian Real Strength
December arabica coffee (KCZ25) today is up +2.20 (+0.59%), and November ICE robusta coffee (RMX25) is down -26 (-0.58%).Coffee prices are mixed today, with robusta sliding to a 1-week low.…