Hogs Close the Week with Friday Losses
Hogs Close the Week with Friday Losses
Lean hog futures were weaker on Friday contracts steady to 40 cents in the red at the close, October was down $1.975 this week. USDA’s national base hog price from…
Corn Falls on Friday
Corn Falls on Friday
The corn market was under pressure in sympathy with the beans and other some outside pressure on Friday. Contracts closed down 4 to 5 ¼ cents, with December 6 cents…
Wheat Posting Midday Losses on Friday
Wheat Posting Midday Losses on Friday
The wheat complex is falling on Friday’s midday, with all three markets taking losses. CBT soft red wheat futures are 7 to 9 cents in the red on Friday. Preliminary…
Feeders the Leaders on Thursday as the Cattle Rally Continues
Feeders the Leaders on Thursday as the Cattle Rally Continues
no deliveries again for October live cattle again on Thursday, with the oldest long dated June 26. Cash trade has yet to pick up this week across the country, with…
Hog Losses Continue on Thursday
Hog Losses Continue on Thursday
Lean hog futures saw pressure on Thursday, with contracts down 60 cents to $1.75 at the close. USDA’s national base hog price from Thursday afternoon was down $2.72 at $96.33.…
Cattle Rally Extending on Thursday
Cattle Rally Extending on Thursday
Live cattle futures are up 50 cents to $1 across the front months. There were no deliveries again for October live cattle on Wednesday. Cash trade has yet to pick up…
Cotton Slipping Back Lower on Thursday
Cotton Slipping Back Lower on Thursday
Cotton futures are showing 21 to 33 point lower trade on Thursday morning. Prices rounded out the midweek session with contracts closing 46 to 101 points higher. The US dollar index…
Rain Forecasts for Brazil Weigh on Arabica Coffee Prices
Rain Forecasts for Brazil Weigh on Arabica Coffee Prices
December arabica coffee (KCZ25) on Thursday closed down -7.85 (-2.04%), and November ICE robusta coffee (RMX25) closed up +26 (+0.57%).Coffee prices settled mixed on Thursday, with robusta posting a 3-week…
Sugar Prices Undercut by Concerns of a Global Supply Glut
Sugar Prices Undercut by Concerns of a Global Supply Glut
March NY world sugar #11 (SBH26) on Thursday closed down -0.03 (-0.18%), and December London ICE white sugar #5 (SWZ25) closed up +0.40 (-0.09%).Sugar prices settled mixed on Thursday. Prices…
Nat-Gas Prices Retreat on a Larger-Than-Expected Build in Weekly Gas Storage
Nat-Gas Prices Retreat on a Larger-Than-Expected Build in Weekly Gas Storage
November Nymex natural gas (NGX25) on Thursday closed down by -0.064 (-1.92%).Nov nat-gas prices tumbled to a 1-week low on Thursday and settled sharply lower after weekly EIA nat-gas stockpiles…
Dollar Rallies on Higher Bond Yields and Hawkish Fed Speak
Dollar Rallies on Higher Bond Yields and Hawkish Fed Speak
The dollar index (DXY00) on Thursday rose by +0.63% and posted a 2.25-month high. Higher bond yields on Thursday were supportive of the dollar, along with weakness in stocks, which…
Wheat Closes Mixed, as Winter Wheat Continues Under Pressure
Wheat Closes Mixed, as Winter Wheat Continues Under Pressure
The wheat complex was mixed on Thursday, as the winter wheats continue to grind lower. CBT soft red wheat futures were down fractionally to 1 ¼ cents on the day.…