Hogs Continues Mixed Action on Wednesday
Hogs Continues Mixed Action on Wednesday
Lean hog futures are mixed again at midday so far on Wednesday, with August up 12 cents and other front months down 7 to 50 cents. USDA’s national base hog…
Cotton Showing Some Green at Midday
Cotton Showing Some Green at Midday
Cotton futures are showing positive trade on Wednesday, with contracts up 15 to 40 points so far at midday. Crude oil futures are down 10 cents midway through the session.…
Cattle Resuming Rally to Contract Highs on Wednesday
Cattle Resuming Rally to Contract Highs on Wednesday
Live cattle futures are showing $1.87 to $2.20 gains on Wednesday. Cash activity thus far has been limited so far this week. The Wednesday Fed Cattle Exchange online auction from…
Soybeans Holding Gains at Midday
Soybeans Holding Gains at Midday
Soybeans are posting strength on Friday, as contracts are up 7 to 8 cents in the nearby. Soymeal futures are down 50 cents/ton in the nearby Sep contract. Soy Oil are showing some strength and…
Cocoa Prices Rally as the Pace of Ivory Coast Cocoa Exports Slows
Cocoa Prices Rally as the Pace of Ivory Coast Cocoa Exports Slows
September ICE NY cocoa (CCU25) today is up +253 (+3.10%), and September ICE London cocoa #7 (CAU25) is up +80 (+1.50%).Cocoa prices today are sharply higher, posting 1.5-week highs. Concerns…
Crude Price Slip on a Mixed Weekly EIA Report
Crude Price Slip on a Mixed Weekly EIA Report
September WTI crude oil (CLU25) today is down -0.33 (-0.51%), and September RBOB gasoline (RBU25) is up +0.0112 (+0.54%).Crude oil and gasoline prices today are mixed. Dollar strength today is…
Hogs End Tuesday Mixed, as Cutout Pulls Back
Hogs End Tuesday Mixed, as Cutout Pulls Back
Lean hog futures were mixed at the Tuesday close, with August up 40 cents and other contracts nickel to 50 cents lower. USDA’s national base hog price had a weighted…
Soybean Bulls Pushing Back on Wednesday Morning
Soybean Bulls Pushing Back on Wednesday Morning
Soybeans are up 5 to 6 cents early on Wednesday AM trade. Futures were off their intraday lows on Tuesday but still settled with losses of fractionally in the new…
Cattle Look to Wednesday Trade, with Late Tuesday Pressure
Cattle Look to Wednesday Trade, with Late Tuesday Pressure
Fat cattle futures closed out the Tuesday session with contracts slipping a dime to 50 cents into the close. Cash activity thus far has been limited to accumulating show lists.…
Dollar Supported by Reduced Trade Tensions and Higher Bond Yields
Dollar Supported by Reduced Trade Tensions and Higher Bond Yields
The dollar index (DXY00) today is up by +0.10%. The dollar is climbing today on reduced global trade tensions after the US agreed to a trade deal with Japan. Strength…
Prospects of Higher Indian Sugar Exports Weigh on Prices
Prospects of Higher Indian Sugar Exports Weigh on Prices
October NY world sugar #11 (SBV25) on Wednesday closed down -0.04 (-0.25%), and October London ICE white sugar #5 (SWV25) closed down -0.80 (-0.17%).Sugar prices extended this week's slide on…
Coffee Prices Underpinned by Frost Concerns in Brazil
Coffee Prices Underpinned by Frost Concerns in Brazil
September arabica coffee (KCU25) Wednesday closed up +5.00 (+1.69%), and September ICE robusta coffee (RMU25) closed up +11 (+0.33%).Coffee prices settled higher on Wednesday due to frost risks in Brazil.…