Cattle Collapse Continues on Thursday
Live cattle futures were pushing the pullback to Thursday, with contracts falling $2.77 to $3.82. Profit taking and technical pressure was takes part of the blame. Cash action kicked off…
Live cattle futures were pushing the pullback to Thursday, with contracts falling $2.77 to $3.82. Profit taking and technical pressure was takes part of the blame. Cash action kicked off…
The soybean market again held onto some gains heading into the Wednesday close, as contracts were up 1 to 5 ¼ cents in most contracts as May expired. The cmdtyView Cash…
The wheat market saw some strength on Wednesday, with the winter wheat exchanges posting gains. Chicago SRW futures were up 7 to 8 cents at the close. Kansas City HRW…
Lean hog futures posted losses of 65 to 75 cents in the front months on Wednesday as May rolled off the board. USDA’s national average base hog negotiated price was reported…
Corn futures closed out the Wednesday session with contracts 2 to 3 cents higher in the nearbys, as new crop December was down just ½ cent. May rolled off the…
June WTI crude oil (CLM25) Wednesday closed down -0.52 (-0.82%) and June RBOB gasoline (RBM25) closed up +0.0040 (+0.18%).Crude oil and gasoline prices on Wednesday settled mixed, with gasoline climbing…
The soybean market is trading with fractional to 5 cent gains on Wednesday, with front months leading the strength. There were 2 delivery notices for May soybeans overnight, with 53…
Wheat is mixed at midday, with the winter wheat exchanges posting strength. Chicago SRW futures are up 5 to 6 cents as we trade through Wednesday’s midday. There were 18…
vorn futures are showing 2 to 3 cent gains in the nearbys, with the new crop months down fractionally. There were another 16 deliveries issued against May futures overnight, all…
Lean hog futures are trading with contracts down 72 to 85 cents. May expires today. USDA’s national average base hog negotiated price was reported at $92.97 on Wednesday morning. The CME…
The S&P 500 Index ($SPX) (SPY) Wednesday closed up +0.10%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.57%. June E-mini S&P futures…
The dollar index (DXY00) Wednesday rose by +0.06%. The dollar on Wednesday recovered from early losses and posted modest gains. Short covering emerged Wednesday to push the dollar higher after Fed…