Corn Turn Higher Late on Wednesday
Corn Turn Higher Late on Wednesday
Corn futures pulled off the early lows to end Wednesday with fractional to a penny gains. The CmdtyView national average Cash Corn price was up 1/2 cent at $3.73 3/4. Some…
Hogs Pulling Back as Negotiated Cash Weakens
Hogs Pulling Back as Negotiated Cash Weakens
Lean hog futures are trading with $1 to $1.52 losses across most contracts on Wednesday. USDA’s national base hog price from the Wednesday morning report was down $2.38 from the…
Corn Pulling Back as USDA Finds More Corn
Corn Pulling Back as USDA Finds More Corn
Corn futures are falling 6 to 7 cents across most contracts so far on Tuesday, as USDA found a few more bushels than the trade had expected in today’s Grain…
Dollar Weakens on US Government Shutdown Worries
Dollar Weakens on US Government Shutdown Worries
The dollar index (DXY00) on Tuesday fell by -0.12%. The dollar was under pressure on Tuesday due to the likelihood of a government shutdown on Wednesday. Also, comments from Fed…
Corn Falls Lower on Monday, as Stocks Come in Well Above Estimates
Corn Falls Lower on Monday, as Stocks Come in Well Above Estimates
Corn futures fell 6 to 7 cents across most contracts on the Tuesday session, as USDA found a couple (hundred million) more bushels than the trade had expected in the…
Cotton Posts Tuesday Gains
Cotton Posts Tuesday Gains
Cotton futures got a Turnaround Tuesday bounce, with contracts up 10 to 27 points at the close. The US dollar index was down another $0.089 on the day to $97.495, with…
Hogs Close the Month with Weakness
Hogs Close the Month with Weakness
Lean hog futures saw some month end pressure on Tuesday, with contracts $1.30 to $1.65 lower at the close. USDA’s national base hog price from the Tuesday afternoon was down…
Sugar Prices Supported by a Weaker Dollar and Stronger Global Demand
Sugar Prices Supported by a Weaker Dollar and Stronger Global Demand
October NY world sugar #11 (SBV25) on Tuesday closed up +0.08 (+0.50%), and December London ICE white sugar #5 (SWZ25) closed up +6.00 (+1.30%).Sugar prices moved higher on Tuesday, with…
Nat-Gas Prices Gain on Anticipation of Colder US Weather
Nat-Gas Prices Gain on Anticipation of Colder US Weather
November Nymex natural gas (NGX25) on Tuesday closed up +0.036 (+1.10%).Nov nat-gas prices rallied to a 2.25-month nearest-futures high on Tuesday and settled higher on the outlook for colder US…
Oversupply Fears Undercut Crude Oil Prices
Oversupply Fears Undercut Crude Oil Prices
November WTI crude oil (CLX25) on Tuesday closed down -1.08 (-1.70%), and November RBOB gasoline (RBX25) closed down -0.0194 (-1.00%).Crude oil and gasoline prices retreated on Tuesday, posting one-week lows.…
Stocks Settle Higher as Drug Makers and Chip Stocks Rally
Stocks Settle Higher as Drug Makers and Chip Stocks Rally
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.41%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.28%. December E-mini S&P…
Wheat Falling as USDA Raises Production
Wheat Falling as USDA Raises Production
The wheat complex is falling on Tuesday as USDA found a few more bushels in the production number this morning. CBT soft red wheat futures are down 11 to 12…