Soybeans Claw Back from Early Loses
Soybeans Claw Back from Early Loses
Soybeans were weaker early on during the Thursday session, but contract came back to close with 1 to 2 cent gains in the nearbys. September was an exception, down 4…
Corn Bulls Rally Back to Close Higher
Corn Bulls Rally Back to Close Higher
Corn futures saw some buying off early lows on Thursday, as contracts closed with 1 to 2 cent gains across the front months. The CmdtyView national average Cash Corn price as…
Cotton Posts Mixed Action on Thursday
Cotton Posts Mixed Action on Thursday
Cotton futures closed the Thursday trade with front months down 4 points and other contracts up 5 points. The outside markets were pressure factors mixed, as the US dollar index is…
Bears Hold onto Losses as Wheat Takes No Prisoners
Bears Hold onto Losses as Wheat Takes No Prisoners
The wheat complex was down across all three exchanges to close out the Thursday session. CBT soft red wheat futures was down 1 to 2 ½ cents on the day.…
Hogs Pop Back Higher on Thursday
Hogs Pop Back Higher on Thursday
Lean hog futures saw a bounce back on the Thursday close, with contracts up 17 cents to $1.20. USDA’s national base hog report from Thursday PM showed negotiated prices at…
Cattle Fall Lower on Thursday
Cattle Fall Lower on Thursday
Live cattle futures posted $1.37 to $1.75 losses across the nearbys on the Thursday session. Cash activity has started to pick up this week, with some sales of $242-243 reported, steady…
Wheat Losses Continuing at Thursday’s Midday
Wheat Losses Continuing at Thursday’s Midday
The wheat complex is down across all three exchanges on Thursday. CBT soft red wheat futures is showing 3 to 4 ½ cent losses. The CBOT showed another 8 deliveries…
NY Coffee Prices Climb as Conab Cuts its Brazil Coffee Production Forecast
NY Coffee Prices Climb as Conab Cuts its Brazil Coffee Production Forecast
December arabica coffee (KCZ25) on Thursday closed up +0.75 (+0.20%), and November ICE robusta coffee (RMX25) closed down -40 (-0.90%).Coffee prices found support Thursday after Conab, Brazil's crop forecasting agency,…
Cocoa Prices Tumble on West African Cocoa Crop Optimism
Cocoa Prices Tumble on West African Cocoa Crop Optimism
September ICE NY cocoa (CCU24) today is down -359 (-3.95%), and September ICE London cocoa #7 (CAU24) is down -191 (-2.85%).Cocoa prices today are retreating on optimism that West African…
Sugar Prices Retreat as Brazil Ramps Up Sugar Production
Sugar Prices Retreat as Brazil Ramps Up Sugar Production
October NY world sugar #11 (SBV25) today is down -0.34 (-2.12%), and October London ICE white sugar #5 (SWV25) is down -2.40 (-0.50%).Sugar prices today extended this week's slide, with…
Sugar Prices Retreat as Brazil Ramps Up Sugar Production
Sugar Prices Retreat as Brazil Ramps Up Sugar Production
October NY world sugar #11 (SBV25) on Thursday closed down -0.34 (-2.12%), and October London ICE white sugar #5 (SWV25) closed down -2.20 (-0.45%).Sugar prices on Thursday extended this week's…
Dollar Falters and Gold Soars as Fed Rate Cut Chances Increase
Dollar Falters and Gold Soars as Fed Rate Cut Chances Increase
The dollar index (DXY00) on Wednesday fell by -0.24%. Wednesday's rebound in equity markets has curbed liquidity demand for the dollar. Losses in the dollar accelerated on Wednesday as the…