Cotton Posting Tuesday Losses
Cotton futures are 11 to 23 points lower so far on Tuesday, as selling continues at midday. The US dollar index was back down $0.265 on the session to $99.770, with…
Wheat Rallying from New Lows at Midday
The wheat complex is posting gains across most contracts on Tuesday. CBT soft red wheat futures are 4 to 5 cents higher so far. KC HRW futures are in rally…
Hogs Falling on Tuesday
Lean hogs are in freefall mode on Tuesday, with contracts down 90 cents to $2.15. USDA’s National Average Base Hog negotiated price was not reported again on Tuesday morning, with the…
Cotton Holds onto Losses on Tuesday
Cotton futures posted losses of 8 to 25 points across most contracts on Tuesday. The US dollar index was back down $0.215 on Tuesday to $98.815, with crude oil $0.85/barrel lower.Monday’s…
Wheat Bounces Higher on Tuesday
The wheat complex was strength on Tuesday across the three markets. CBT soft red wheat futures saw contracts 3 to 4 cents higher at the close. KC HRW futures held…
Hog Retreat Continues on Tuesday
Lean hog futures saw mostly lower action on Tuesday, down $1.50 to $1.70. October futures expired today, up a nickel. USDA’s national base hog price from Tuesday afternoon was reported…
Cocoa Prices Finish Higher as a Weak Dollar Spurs Short Covering
December ICE NY cocoa (CCZ25) on Tuesday closed up +77 (+1.32%), and December ICE London cocoa #7 (CAZ25) closed up +51 (+1.23%).Cocoa prices closed higher on Tuesday as a weaker…
Cattle Rally Continues on Tuesday
Live cattle futures posted Tuesday strength of $2.80 to $3.45 in the nearbys at the close. Cash sales were reported early last week at $201 in the South, with late week sales jumping…
Trade Jitters Weigh on Stocks
The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.69%. December E-mini S&P…
Dollar Declines on Dovish Powell
The dollar index (DXY00) on Tuesday fell by -0.24%. The dollar gave up its overnight advance and turned lower after ECB President Lagarde’s upbeat comments pushed the euro higher and…
Crude Prices Pressured by US-China Trade Tensions and Robust Global Oil Supplies
November WTI crude oil (CLX25) on Tuesday closed down -0.79 (-1.33%), and November RBOB gasoline (RBX25) closed down -0.0152 (-0.82%).Crude oil and gasoline prices retreated on Tuesday, with crude falling…
