Hogs Close with Weakness on Thursday
Lean hog futures closed the Thursday session slipping back a tick to 25 cents in the front months. The USDA national average base hog negotiated price was reported at $89.39 on…
Lean hog futures closed the Thursday session slipping back a tick to 25 cents in the front months. The USDA national average base hog negotiated price was reported at $89.39 on…
Live cattle futures posted strength heading into Thursday’s close up $1.65 to $2.17. Cash trade has been slower this week following last week’s strength. This morning’s Fed Cattle Exchange online auction…
April WTI crude oil (CLJ25) Thursday closed up +1.10 (+1.64%), and April RBOB gasoline (RBJ25) closed up +0.0215 (+0.99%).Crude oil and gasoline prices advanced Thursday after the US ramped up…
April Nymex natural gas (NGJ25) on Thursday closed down -0.272 (-6.40%).April nat-gas prices on Thursday fell sharply after weekly EIA supplies rose more than expected. Also, warmer-than-normal weather is forecast…
Cotton futures were lower on Wednesday, with contracts down 4 to 12 points in the nearbys at the close. Crude oil futures were back up $0.29/barrel, with the US dollar index up…
The dollar index (DXY00) Wednesday rose by +0.25%. The dollar rose moderately on Wednesday after the FOMC kept interest rates unchanged as expected. The dollar also found support after the…
May ICE NY cocoa (CCK25) Wednesday closed up +100 (+1.25%), and May ICE London cocoa #7 (CAK25) closed up +62 (+1.00%).Cocoa prices Wednesday settled moderately higher on short-covering due to…
May arabica coffee (KCK25) Wednesday closed up +7.25 (+1.89%), and May ICE robusta coffee (RMK25) closed up +58 (+1.06%).Coffee prices on Wednesday posted moderate gains due to dry conditions in…
Cotton futures are weaker again at Wednesday’s midday, with contracts down 15 to 29 points. Crude oil futures are back up $0.46/barrel, with the US dollar index up $0.513 on the day.…
Lean hog futures were weaker on Wednesday with contracts down 85 cents to $2.02 at the close. The USDA national average base hog negotiated price was reported at $91.02 on Wednesday…
The wheat market saw losses across the three exchanges at the Wednesday close. Chicago SRW futures were down 1 to 2 cents in the front months on the day. Kansas City…
Soybeans faced weakness on Wednesday, as contracts were down 5 to 6 cents in the nearbys. CmdtyView’s national front month Cash Bean price was down 4 1/4 cents at $9.46 1/4. Soymeal…