Cattle Fall Lower on Friday
Cattle Fall Lower on Friday
Live cattle futures slipped lower on Friday, with contracts down $1 to $1.55. February was down $2.27 this week. Cash trade was picked up at $232-233 across the country this week.…
Hogs Slip Lower on Friday
Hogs Slip Lower on Friday
Lean hog futures posted losses of 15 cents to $1.425 on Friday. The national average base hog price was down $2.31 at $83.00 on Friday PM. The CME Lean Hog Index…
S&P 500 Rallies to a New Record High on US Economic Optimism
S&P 500 Rallies to a New Record High on US Economic Optimism
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.65%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.02%. March E-mini S&P…
Stocks Push Higher on US Economic Optimism
Stocks Push Higher on US Economic Optimism
The S&P 500 Index ($SPX) (SPY) today is up +0.38%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.59%. March E-mini S&P futures…
Cotton Slipping Lower on Friday
Cotton Slipping Lower on Friday
Cotton futures are trading with Friday losses of 57 to 73 points at midday. The outside markets are mixed, with crude oil adding some support and up $1.44/barrel, as the US dollar…
Stocks Climb on a Resilient US Labor Market
Stocks Climb on a Resilient US Labor Market
The S&P 500 Index ($SPX) (SPY) today is up +0.27%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.10%. March E-mini S&P futures…
Coffee Prices Sink as Brazil Rain Forecasts Ease Dryness Concerns
Coffee Prices Sink as Brazil Rain Forecasts Ease Dryness Concerns
March arabica coffee (KCH26) on Friday closed down -14.70 (-3.95%). March ICE robusta coffee (RMH26) closed down -25 (-0.64%).Coffee prices sold off sharply on Friday amid forecasts of rain over…
Hedging by Cocoa Exporters Sends Cocoa Prices Plummeting
Hedging by Cocoa Exporters Sends Cocoa Prices Plummeting
March ICE NY cocoa (CCH26) on Friday closed down -732 (-12.05%). March ICE London cocoa #7 (CAH26) closed down -452 (-10.35%).Cocoa prices plummeted on Friday, with NY cocoa sinking to…
Cotton Falls Back on Thursday
Cotton Falls Back on Thursday
Cotton futures settled the Thursday session with contracts back down 12 to 101 points across the board. The US dollar index provided some pressure and was back up 485 points…
Wheat Fades to Close Mixed on Thursday
Wheat Fades to Close Mixed on Thursday
The wheat complex failed to hold in the gains on Thursday. Chicago SRW futures were steady to a penny higher at the close. KC HRW futures functionality to 2 cents…
Corn Closes with Fractional Price Movement
Corn Closes with Fractional Price Movement
Corn futures closed out a quiet Thursday session with fractional losses in the front months and fractional gains in other contracts. The CmdtyView national average Cash Corn price was down ¼…
Soybeans Ease Lower on Thursday
Soybeans Ease Lower on Thursday
Soybeans posted Thursday losses of 5 to 6 cents. The cmdtyView national average Cash Bean price was 5 3/4 cents lower at $9.88. Soymeal futures were down $1.10 to $2.70 on Thursday,…