FOMC Looms:
FOMC Looms:
Wall Street Braces for Wednesday’s FOMC MeetingWall Street investors are currently bracing for one of the most highly anticipated, yet uncertain, Federal Open Market Committee (FOMC) meetings/decisions in a very…
Upcoming Dividend Run For CM?
Upcoming Dividend Run For CM?
This morning a "Potential Dividend Run Alert" went out for Canadian Imperial Bank Of Commerce (Toronto, Ontario) (NYSE: CM), at our DividendChannel.com Dividend Alerts service (a free email alerts feature).…
Wheat Sneaks Out Gains Heading into the Weekend
Wheat Sneaks Out Gains Heading into the Weekend
The wheat complex saw Friday gains, as USDA gave a friendlier US number. CBT soft red wheat futures were 2 to 3 cents in the higher at the close, with…
Corn Rallies on Friday Despite Increased Production Estimate
Corn Rallies on Friday Despite Increased Production Estimate
Corn futures closed with strength on Friday, as contracts were up 10 to 11 cents in the front months. December managed to close with a 12 cent gain this week.…
Soybeans Rallying into Friday’s Midday Despite Higher Stocks Number
Soybeans Rallying into Friday’s Midday Despite Higher Stocks Number
Soybeans are showing 9 to 10 cent gains so far on Friday, following a production and stocks increase by the USDA. There were 24 deliveries issued against September soybeans overnight.…
Stocks Settle Mixed as Bond Yields Climb
Stocks Settle Mixed as Bond Yields Climb
The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.42%. September E-mini S&P…
Sugar Prices Slip on Prospects of Higher Indian Sugar Exports
Sugar Prices Slip on Prospects of Higher Indian Sugar Exports
October NY world sugar #11 (SBV25) on Friday closed down -0.03 (-0.19%), and October London ICE white sugar #5 (SWV25) closed down -3.00 (-0.61%).Sugar prices fell for a second session…
Cotton Close Higher as USDA Leaves Balance Sheet with Minimal Changes
Cotton Close Higher as USDA Leaves Balance Sheet with Minimal Changes
Cotton futures reversed higher on Friday, with most contracts up 10 to 12 points, as December was 80 points in the green. The US dollar index was up $0.127 on…
Forecasts for Late-Summer Warmth Boost Nat-Gas Prices
Forecasts for Late-Summer Warmth Boost Nat-Gas Prices
October Nymex natural gas (NGV25) on Friday closed up +0.007 (+0.24%).Oct nat-gas prices recovered from a 1.5-week low on Friday and posted modest gains as forecasts for late-summer US temperatures…
Cattle Falling Lower at Midday on Friday
Cattle Falling Lower at Midday on Friday
Live cattle futures are resuming some selling, with contracts $1.35 to $1.75 in the red. Cash activity so far this week has been $238-240 in the North, down $2-5 from last…
Coffee Prices Surge on Brazil Dryness and Tighter Global Supplies
Coffee Prices Surge on Brazil Dryness and Tighter Global Supplies
December arabica coffee (KCZ25) on Friday closed up +10.75 (+2.78%), and November ICE robusta coffee (RMX25) closed up +80 (+1.77%).Coffee prices rallied sharply on Friday, with arabica posting a 4-month…
Wheat Holding Losses Post USDA Report
Wheat Holding Losses Post USDA Report
The wheat complex closed Thursday, with contracts higher across the three exchanges. CBT soft red wheat futures are 4 to 5 cents in the red at midday. KC HRW futures…