Wheat Rallies on Wednesday
Wheat Rallies on Wednesday
The wheat complex was in rally mode on Wednesday, posting strength across the three markets. Chicago SRW futures were 8 to 12 ¾ cents in the green to close the…
Higher Global Sugar Production Undercuts Prices
Higher Global Sugar Production Undercuts Prices
March NY world sugar #11 (SBH26) today is down -0.15 (-1.01%), and March London ICE white sugar #5 (SWH26) is down -3.70 (-0.90%).Sugar prices are moving lower today, with London…
Soybean Rally Holding on Wednesday
Soybean Rally Holding on Wednesday
Soybeans are posting 8 to 9 cent gains across the front months on Wednesday, pulling off the early morning gains. The cmdtyView national average Cash Bean price is 8 1/4 cents…
Coffee Prices Follow the Brazilian Real Lower
Coffee Prices Follow the Brazilian Real Lower
March arabica coffee (KCH26) on Wednesday closed down -16.25 (-4.42%), and March ICE robusta coffee (RMH26) closed down -130 (-3.04%).Coffee prices gave up an early advance on Wednesday and sold…
Robust Supplies and Tepid Demand Hammers Cocoa Prices
Robust Supplies and Tepid Demand Hammers Cocoa Prices
March ICE NY cocoa (CCH26) on Wednesday closed down -283 (-6.38%), and March ICE London cocoa #7 (CAH26) closed down -208 (-6.72%).Cocoa prices fell sharply on Wednesday, with London cocoa…
Soybean Rally into Wednesday’s Close
Soybean Rally into Wednesday’s Close
Soybeans got some strength on Wednesday from spillover in soybean meal, as contracts were 7 to 8 ½ cents higher. The cmdtyView national average Cash Bean price was 9 1/4 cents…
Hogs Post Gains on Tuesday
Hogs Post Gains on Tuesday
Lean hog futures ended the Tuesday session with 30 cent to $1.025 gains in the nearbys. The national average base hog price was reported at 78.90 on Tuesday afternoon, $2.26…
NY Sugar Finishes Slightly Higher as the Brazilian Real Rallies
NY Sugar Finishes Slightly Higher as the Brazilian Real Rallies
March NY world sugar #11 (SBH26) on Tuesday closed up +0.04 (+0.27%), and March London ICE white sugar #5 (SWH26) closed down -1.00 (-0.24%).Sugar prices settled mixed on Tuesday, with…
Dollar Sinks on US Fiscal and Political Risks
Dollar Sinks on US Fiscal and Political Risks
The dollar index (DXY00) tumbled to a nearly 4-year low on Tuesday and finished down by -0.86%.The dollar retreated on Tuesday and has continued to be undercut as foreign investors…
S&P 500 Posts a Record High on Tech Strength and Solid Corporate Earnings
S&P 500 Posts a Record High on Tech Strength and Solid Corporate Earnings
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.41%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.83%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.88%. March E-mini S&P…
Cotton Turning Higher on Tuesday
Cotton Turning Higher on Tuesday
Cotton futures are rallying back on Tuesday with contracts up 65 to 76 points at midday, getting some outside market help. Crude oil futures are up $1.52 per barrel at…
Hogs Holding Higher at Midday
Hogs Holding Higher at Midday
Lean hog futures are posting gains of a tick to 55 cents across the front months on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to…