Cattle Holding Firm on Monday
Cattle Holding Firm on Monday
Live cattle futures are trying to extend some recent strength, with gains of 40 cents to $1.725 at midday in Monday. Cash trade last week saw sales at $230-233 in…
Hogs Falling On Monday, with Cutout Pressure
Hogs Falling On Monday, with Cutout Pressure
Lean hog futures are down $2.17 to $2.80 at Monday’s midday. USDA’s national base hog price was up $4.66 in the Monday morning report, with negotiated trade at $112.51. The CME…
Corn Slipping Even as Acres Hit Below Expectations
Corn Slipping Even as Acres Hit Below Expectations
Corn is sticking withing a couple cents of unchanged so far on Monday’s midday, with the USDA reports a dud ahead of the July 4th holiday later this week. Contracts…
Wheat Trading on Either Side of Unchanged
Wheat Trading on Either Side of Unchanged
The wheat complex is trading with mixed action so far on Monday. Chicago SRW wheat is up 2 to down 2 cents so far. KC HRW contracts are 2 to…
Cotton Bulls Push Gains into the Weekend
Cotton Bulls Push Gains into the Weekend
Cotton futures closed out the Friday session with contracts up 45 to 66 points, as July was 348 points higher. Crude oil is down $0.19/barrel, with the US dollar index…
Is QuantumScape A Multibagger Stock?
Is QuantumScape A Multibagger Stock?
QuantumScape stock jumped 75% this week after the company announced a manufacturing breakthrough. The recent Cobra separator breakthrough represents more than a manufacturing milestone—it positions the company at the forefront of…
Is Broadcom Stock Poised For 2x Growth?
Is Broadcom Stock Poised For 2x Growth?
Broadcom’s (NASDAQ: AVGO) remarkable 125% surge from $110 levels in early 2024 has investors questioning whether the AI chipmaker can repeat its performance. What could potentially cause the stock to…
Merck
Merck
While Merck faces the inevitable Keytruda patent cliff in 2028, the company is positioning itself for continued growth through strategic diversification and pipeline expansion. Earlier this month, we discussed how…
What’s Behind The 2x Rise In Salesforce Stock?
What’s Behind The 2x Rise In Salesforce Stock?
With a 20% year-to-date (YTD) decline, Salesforce stock (NYSE:CRM) has significantly underperformed the broader S&P 500 index, which is up 4%. This strong underperformance is largely attributed to rising concerns…
Does MercadoLibre Stock Still Has Room To Run?
Does MercadoLibre Stock Still Has Room To Run?
MercadoLibre Inc (NASDAQ: MELI), often dubbed the “Amazon of Latin America,” operates the region’s largest online marketplace—and it’s been steadily gaining market share for the past three years. Like Amazon…
S&P 500 and Nasdaq Climb to Record Highs on China Trade Optimism
S&P 500 and Nasdaq Climb to Record Highs on China Trade Optimism
The S&P 500 Index ($SPX) (SPY) Friday closed up +0.52%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.00%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.39%. September E-mini S&P…
Expectations for Ample Global Coffee Supplies Pressure Prices
Expectations for Ample Global Coffee Supplies Pressure Prices
September arabica coffee (KCU25) Friday closed down -1.90 (-0.62%), and September ICE robusta coffee (RMU25) closed down -4 (-0.11%).Coffee prices settled lower on Friday, with arabica coffee posting a 6-3/4…