Hogs Leak Lower on Wednesday
Hogs Leak Lower on Wednesday
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 Closes Mixed as Nearbys Turn Higher
Corn Closes Mixed as Nearbys Turn Higher
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…
Crude Prices Pressured as Weekly EIA Crude Inventories Increase
Crude Prices Pressured as Weekly EIA Crude Inventories Increase
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…
Soybeans Extending Gains at Midday
Soybeans Extending Gains at Midday
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 Trading with Gains in the Winter Wheat Contracts
Wheat Trading with Gains in the Winter Wheat Contracts
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…
Stocks Settle Mixed on Chip Stock Strength and Higher Bond Yields
Stocks Settle Mixed on Chip Stock Strength and Higher Bond Yields
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…
Dollar Recovers on News the US Not Seeking a Weaker Dollar
Dollar Recovers on News the US Not Seeking a Weaker Dollar
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…
Cocoa Prices Mixed as They Consolidate the Recent Rally
Cocoa Prices Mixed as They Consolidate the Recent Rally
July ICE NY cocoa (CCN25) Wednesday closed down -32 (-0.32%), and July ICE London cocoa #7 (CAN25) closed up +8 (+0.11%).Cocoa prices on Wednesday settled mixed as they consolidated this…
Cotton Falls Lower at Midweek
Cotton Falls Lower at Midweek
Cotton futures saw weakness of 45 to 80 points on Wednesday across most front months. Crude oil prices are trading with losses of $0.78/barrel. The US dollar index is back…
VEON Reports Strong 1Q25 Earnings with 50% Surge in Digital Revenues and 8.9% Revenue Growth
VEON Reports Strong 1Q25 Earnings with 50% Surge in Digital Revenues and 8.9% Revenue Growth
VEON reports 8.9% revenue growth and 50.2% surge in digital revenue for Q1 2025. EBITDA also increased 13.7%.Quiver AI SummaryVEON reported a strong start to 2025, with 1Q25 total revenue…
Sugar Prices Fall on the Outlook for a Global Sugar Surplus
Sugar Prices Fall on the Outlook for a Global Sugar Surplus
July NY world sugar #11 (SBN25) today is down -0.12 (-0.66%), and August London ICE white sugar #5 (SWQ25) is down -4.50 (-0.88%).Sugar prices today are under pressure on the…
Soybeans Rally from Early Weakness
Soybeans Rally from Early Weakness
Soybeans saw contracts pulling well off their lows on Tuesday, with contracts up 1 to 2 cent sin the nearbys. The cmdtyView Cash Bean price was up 1 3/4 cents to…