Hog Pulling Back on Wednesday
Hog Pulling Back on Wednesday
Lean hog futures are down a nickel in the nearby August contracts on Wednesday, with other contracts down 87 cents to $1.125 at midday. USDA’s national base hog price was…
Corn Continues Fall on Wednesday
Corn Continues Fall on Wednesday
Corn futures are showing another round of losses on Wednesday, with contracts 3 to 5 ½ cents in the red. Preliminary open interest data showed net new selling, up 24,510…
Tariff Turmoil Weighs on Coffee Prices
Tariff Turmoil Weighs on Coffee Prices
September arabica coffee (KCU25) today is down -5.30 (-1.77%), and September ICE robusta coffee (RMU25) is down -13 (-0.38%).Coffee prices are under pressure today due to tariff concerns, as President…
Cocoa Prices Mixed Due to Currency Fluctuations
Cocoa Prices Mixed Due to Currency Fluctuations
September ICE NY cocoa (CCU25) today is up +87 (+1.04%), and September ICE London cocoa #7 (CAU25) is down -20 (-0.36%).Cocoa prices today are mixed due to currency fluctuations. NY…
Cotton Back to Mixed Action on Wednesday
Cotton Back to Mixed Action on Wednesday
Cotton futures are up 36 points in the October contracts on Wednesday, with other cotnracts down 7 to 10 points. The US dollar index was back down $0.041 to $98.545,…
Coffee Prices Settle Lower on Tariff Woes
Coffee Prices Settle Lower on Tariff Woes
September arabica coffee (KCU25) on Wednesday closed down -5.30 (-1.77%), and September ICE robusta coffee (RMU25) closed down -18 (-0.53%).Coffee prices retreated on Wednesday due to tariff concerns, as President…
Crude Prices Rally on Dollar Weakness and Global Supply Uncertainty
Crude Prices Rally on Dollar Weakness and Global Supply Uncertainty
September WTI crude oil (CLU25) today is up +0.66 (+1.01%), and September RBOB gasoline (RBU25) is up +0.0353 (+1.69%).Crude oil and gasoline prices are moving higher today after the dollar…
Outlook for Hot US Temps Boosts Nat-Gas Prices
Outlook for Hot US Temps Boosts Nat-Gas Prices
September Nymex natural gas (NGU25) on Wednesday closed up +0.067 (+2.23%).Sep nat-gas prices on Wednesday settled sharply higher for a second day on forecasts for hot temperatures over the next…
Stocks Rally on Positive Corporate News and Fed Rate Cut Hopes
Stocks Rally on Positive Corporate News and Fed Rate Cut Hopes
The S&P 500 Index ($SPX) (SPY) Wednesday closed up +0.73%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.29%. September E-mini S&P…
Soybeans Resuming Losses on Wednesday
Soybeans Resuming Losses on Wednesday
Soybean futures are heading lower on Wednesday, with losses of 7 to 8 ½ cents. CME reported preliminary open interest up 4,577 contracts on Tuesday. The cmdtyView national average Cash Bean…
Cocoa Prices Settle Mixed on Currency Fluctuations
Cocoa Prices Settle Mixed on Currency Fluctuations
September ICE NY cocoa (CCU25) on Wednesday closed up +107 (+1.28%), and September ICE London cocoa #7 (CAU25) closed down -20 (-0.36%).Cocoa prices settled mixed on Wednesday due to currency…
Stocks Trade Higher on Solid Earnings and Fed Rate Cut Speculation
Stocks Trade Higher on Solid Earnings and Fed Rate Cut Speculation
The S&P 500 Index ($SPX) (SPY) today is up +0.44%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.60%. September E-mini S&P…