Corn Posting Slight Midday Gains
Corn Posting Slight Midday Gains
Corn futures are holding onto 1 to 2 cent gains at midday. The CmdtyView national average Cash Corn price is up 1 1/4 cents at $3.95 1/2. USDA reported a private export…
Crude Oil Surges on Concerns Over US-Iran Negotiations
Crude Oil Surges on Concerns Over US-Iran Negotiations
March WTI crude oil (CLH26) on Wednesday closed up +1.93 (+3.05%), and March RBOB gasoline (RBH26) closed up +0.0673 (+3.55%).Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline…
Wheat Continue Weakness on Wednesday
Wheat Continue Weakness on Wednesday
The wheat complex was lower across the board on Wednesday. Chicago SRW futures were 1 to 2 cents in the red at the close. KC HRW futures were 4 to…
Corn Hold onto Wednesday Gain
Corn Hold onto Wednesday Gain
Corn futures ended the Wednesday session with contracts a penny to 2 cents higher across the front months. The CmdtyView national average Cash Corn price was up 2 cents at $3.96…
Soybeans Rallying on President Trump Post
Soybeans Rallying on President Trump Post
Soybeans are kicking off Monday with 19 to 21 cent gains following an late Sunday post from President Trump. Futures posted losses of 5 to 7 cents across most contracts…
Wheat Holding Lower on Wednesday
Wheat Holding Lower on Wednesday
The wheat complex is mostly lower on Wednesday. Chicago SRW futures are 1 to 2 cents in the red at midday. KC HRW futures are 2 to 3 cents lower…
Soybeans Rally on Positive Trade News
Soybeans Rally on Positive Trade News
Soybeans were in rally mode following a mid-morning update from President Trump, as contracts closed with front month gains of 25 to 27 ½ cents. Some new crop contracts were…
Cotton Fails to Hold onto Gain on Wednesday
Cotton Fails to Hold onto Gain on Wednesday
Cotton futures slipped into the Wednesday close, as contracts were down 7 to 12 points in the front months. Crude oil futures were up $1.26 per barrel on the day…
Abundant Supplies and Slack Demand Undercut Cocoa Prices
Abundant Supplies and Slack Demand Undercut Cocoa Prices
March ICE NY cocoa (CCH26) on Wednesday closed down -214 (-4.98%), and March ICE London cocoa #7 (CAH26) closed down -115 (-3.72%).Cocoa prices settled sharply lower on Wednesday but remained…
Persistent Global Sugar Surpluses Pressure Prices
Persistent Global Sugar Surpluses Pressure Prices
March NY world sugar #11 (SBH26) on Wednesday closed down -0.19 (-1.30%), and March London ICE white sugar #5 (SWH26) closed down -5.80 (-1.39%).Sugar prices were under pressure on Wednesday…
Dollar Gains as US Government Shutdown Ends and Stocks Fall
Dollar Gains as US Government Shutdown Ends and Stocks Fall
The dollar index (DXY00) on Wednesday rose by +0.19%. The dollar moved higher on Wednesday, following the end of the partial US government shutdown after President Trump late Tuesday signed…
Broader Market Falls as Chipmakers and AI Stocks Tumble
Broader Market Falls as Chipmakers and AI Stocks Tumble
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.51%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.53%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.77%. March E-mini S&P…