Wheat Starts the Week with Weakness
Wheat Starts the Week with Weakness
The wheat complex saw losses to kick off the new week. CBT soft red wheat futures were down 2 to 3 cents at the Monday close. KC HRW futures saw…
Dollar Firms as the Euro and Yen Decline
Dollar Firms as the Euro and Yen Decline
The dollar index (DXY00) on Monday rose by +0.39% and posted a 1-week high. The dollar moved higher on Monday after French Prime Minister Lecornu resigned, which undercut the euro. …
Cotton Closes Friday with a Pop Higher
Cotton Closes Friday with a Pop Higher
Cotton futures were taking back some of the week’s losses on Friday, as contracts closed with gains of 15 to 21 points on the session. December still fell back 110 points…
Hogs Showing Strength to Round Out the Week
Hogs Showing Strength to Round Out the Week
Lean hog futures are showing some buying on Friday, with midday gains of 35 to 65 cents. USDA’s national base hog price in the Friday morning report saw action down…
Cotton Turning Higher at Friday’s Midday
Cotton Turning Higher at Friday’s Midday
Cotton futures are showing gains of 49 to 60 point gains across the front months on Friday, shrugging off overnight weakness. The US dollar index is back down up $0.130 on…
Cattle Mixed at Midday, With Feeders Showing Gains
Cattle Mixed at Midday, With Feeders Showing Gains
Live cattle futures are showing mixed action on Friday, with contracts up 42 cents to weakness in back months. The Friday morning Fed Cattle Exchange showed no sales on the 2,552…
Coffee Prices Soar on Dry Weather Forecasts for Brazil
Coffee Prices Soar on Dry Weather Forecasts for Brazil
December arabica coffee (KCZ25) on Friday closed up +12.65 (+3.35%), and November ICE robusta coffee (RMX25) closed up +205 (+4.74%).Coffee prices rallied sharply on Friday to 2-week highs. Concerns about…
Nat-Gas Prices Pressured by Mid-October US Warmth
Nat-Gas Prices Pressured by Mid-October US Warmth
November Nymex natural gas (NGX25) on Friday closed down by -0.118 (-3.43%).Nov nat-gas prices added to Thursday's losses on Friday and settled lower. Forecasts for warm mid-October US weather, which…
Wheat Closes with Friday Weakness
Wheat Closes with Friday Weakness
The wheat complex posted mixed trade on Friday, with the hard red contracts weaker. CBT soft red wheat futures closed the session fractionally mixed, as December was 4 ½ cents…
Stocks Settle Mixed as Tech Rally Loses Steam
Stocks Settle Mixed as Tech Rally Loses Steam
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.01%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.43%. December E-mini S&P…
Hogs Bounce into the Weekend
Hogs Bounce into the Weekend
Lean hog futures ended the week with a bounce into the Friday close, up 30 to 85 cents and October down $2.49 on the week. USDA’s national base hog price…
Cattle End the Week with Some Buying
Cattle End the Week with Some Buying
Live cattle futures saw some buying into the Friday close, with contracts up 50 cents to $1.025 and October down 77 cents this week. The Friday morning Fed Cattle Exchange showed…