Hogs Pull Back on Wednesday
Lean hog futures eased back lower on Wednesday, with contracts down a nickel to 60 cents. USDA’s national base hog report from Wednesday afternoon was reported at $106.71, up 42…
Corn Slips Lower into Wednesday’s Close
Corn futures closed out Wednesday with losses of 2 to 3 cents across the front months. The CmdtyView national average Cash Corn price was down 2 3/4 cents at $3.82 ¼. The…
Soybeans Fall on Wednesday with Bean Oil Weakness
Soybeans posted 6 to 7 cent losses in the front months at the close. The cmdtyView national average Cash Bean price was down 5 1/2 cents at $9.67. Soymeal futures were down…
Cattle Falls on Wednesday as Beef Continues Decline
Live cattle futures were down $2.35 to $2.65 across the front months to close out Wednesday. Cash trade has yet to get kicked off this week. A few Southern sales were…
Sugar Prices Finish Sharply Lower as Brazil
October NY world sugar #11 (SBV25) on Wednesday closed down -0.36 (-2.26%), and December London ICE white sugar #5 (SWZ25) closed down -6.70 (-1.44%).Sugar prices tumbled to 1-week lows on…
NY Cocoa Recovers Early Losses as ICE Inventories Fall
December ICE NY cocoa (CCZ25) on Wednesday closed up +14 (+0.19%), and December ICE London cocoa #7 (CAZ25) closed down -6 (-0.12%).Cocoa prices on Wednesday settled mixed. Cocoa has been…
Interest rates expected to be held by Bank of England
Kevin PeacheyCost of living correspondentGetty ImagesInterest rates are widely expected to be held at 4% when policymakers at the Bank of England meet on Thursday.The Bank rate, which heavily influences…
Spain counts the cost of “nightmare” wildfire summer
Guy HedgecoeBusiness reporter, Porto de Sanabria, north-western SpainGuy HedgecoeA firefighter plane drops water on a recent wildfire José Antonio Bruña, a honey producer, is standing on a hillside where he…
Could the Federal Reserve interest rate cut boost the US housing market?
Danielle KayeBusiness reporterAileen Barrameda is planning to buy a house in Los Angeles in the coming months. Stubbornly high mortgage rates - twice what she locked in at the start…