Stocks Boosted by Strength in Chipmakers and Earnings Optimism
The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.40%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.68%. December E-mini S&P…
Crude Prices Slip on the Outlook for Ample Global Supplies
November WTI crude oil (CLX25) on Wednesday closed down -0.43 (-0.73%), and November RBOB gasoline (RBX25) closed up +0.0058 (+0.32%).Crude oil and gasoline prices settled mixed on Wednesday. Crude remains…
Corn Bulls Gaining Back Some Steam on Wednesday
The corn market is trading with 4 to 5 cent gains across most contracts on Wednesday. The CmdtyView national average Cash Corn price is up 4 ¾ cents at $3.75 1/4. EIA…
Cattle Bulls Taking a Breather on Wednesday
Live cattle futures are slipping back 12 to 47 cents at midday. There were 10 deliveries tendered against October live cattle for Amarillo on Tuesday. Cash trade has yet to be…
Soybeans Shows Steady Trade on Wednesday
Soybeans were back and forth on Wednesday, with contracts steady to fractionally higher at the close. The cmdtyView national average Cash Bean price was 1/4 cent higher at $9.32 3/4. Soymeal futures…
Hogs Hold onto Gains on Wednesday
Lean hog futures were 25 to 45 cents higher on Wednesday. USDA’s national base hog price from Wednesday afternoon was reported at $93.42, up 37 cents from the day prior.…
Hogs Ticking Higher at Midday
Lean hog futures are trading with steady to 35 cent higher action across the front months on Wednesday. USDA’s national base hog price from Wednesday morning was reported at $95.12.…
Wheat Posts Marginal Losses on Wednesday
The wheat markets were trying to pull back to the higher side on Wednesday, though contracts leaked lower at the close. CBT soft red wheat futures were down 1 to…
Cattle Pull Off Intraday Lows to Close Mixed
Live cattle futures rounded out the Wednesday session with 20 to 35 cent gains. There were 7 of the previous 10 deliveries retendered against October live cattle for Amarillo on Wednesday.…
