Cotton Heads Lower into Thursday’s Close
Cotton Heads Lower into Thursday’s Close
Cotton futures were down 62 to 75 points in the front months on Thursday. Crude oil futures were down 7 cents/barrel to $59.53 on the day, with the US dollar…
Soybeans Collapse on Thursday
Soybeans Collapse on Thursday
Soybeans were falling for much of the Thursday session with contracts closing 24 to 28 cents in the red. There were another 377 deliveries issued overnight, taking the total to…
Cattle Extend Weakness to Thursday
Cattle Extend Weakness to Thursday
Live cattle futures were down 85 cents to $1.75 in the nearbys on Thursday. The Thursday morning Central Stockyards Fed Cattle online auction showed no sales on the 1,228 head…
Hogs Ease Back on Thursday
Hogs Ease Back on Thursday
Lean hog futures posted 95 cent to $1.62 losses on Thursday. USDA’s national base hog price from Thursday afternoon was reported at $84.31, down $1.69 from the day prior. The…
Stocks Slide on Signs of a Cooling Labor Market
Stocks Slide on Signs of a Cooling Labor Market
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -1.12%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.84%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.91%. December E-mini S&P…
Wheat Sees Selling as Bears Sold the Fact
Wheat Sees Selling as Bears Sold the Fact
The wheat market sold the fact of China purchases on Thursday, with losses across most contracts. CBT soft red wheat futures were 18 to 20 cents in the red across…
Stocks Slide on Bleak US Job News and Weakness in Chipmakers
Stocks Slide on Bleak US Job News and Weakness in Chipmakers
The S&P 500 Index ($SPX) (SPY) today is down -0.97%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.76%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.61%. December E-mini S&P futures…
Weak US Job News Undercuts the Dollar
Weak US Job News Undercuts the Dollar
The dollar index (DXY00) on Thursday fell by -0.49%. The dollar retreated on Thursday after a report from Challenger showed US job cuts in October surged by 175% y/y, the…
Kronos Worldwide (KRO) Reports Q3 Loss, Lags Revenue Estimates
Kronos Worldwide (KRO) Reports Q3 Loss, Lags Revenue Estimates
Kronos Worldwide (KRO) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.62 per…
HCI Group (HCI) Q3 Earnings Top Estimates
HCI Group (HCI) Q3 Earnings Top Estimates
HCI Group (HCI) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $1.41 per share a…
Cocoa Prices Retreat as the Supply Outlook Improves
Cocoa Prices Retreat as the Supply Outlook Improves
December ICE NY cocoa (CCZ25) on Thursday closed down -211 (-3.30%), and December ICE London cocoa #7 (CAZ25) closed down -141 (-3.08%).Cocoa prices settled sharply lower for a second day…
Signs of US Labor Market Weakness Weigh on Stocks
Signs of US Labor Market Weakness Weigh on Stocks
The S&P 500 Index ($SPX) (SPY) today is down -0.19%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.45%. December E-mini S&P futures…