Cattle Rally Extending on Thursday
Cattle Rally Extending on Thursday
Live cattle futures are up 50 cents to $1 across the front months. There were no deliveries again for October live cattle on Wednesday. Cash trade has yet to pick up…
Hog Losses Continue on Thursday
Hog Losses Continue on Thursday
Lean hog futures saw pressure on Thursday, with contracts down 60 cents to $1.75 at the close. USDA’s national base hog price from Thursday afternoon was down $2.72 at $96.33.…
Feeders the Leaders on Thursday as the Cattle Rally Continues
Feeders the Leaders on Thursday as the Cattle Rally Continues
no deliveries again for October live cattle again on Thursday, with the oldest long dated June 26. Cash trade has yet to pick up this week across the country, with…
Cotton Slips Back Lower on Thursday
Cotton Slips Back Lower on Thursday
Cotton futures posted losses across most contracts on Thursday, with front months down 42 to 44 points. October expired today. The US dollar index was back up $0.515 on the Thursday…
Stocks Falter as Higher Bond Yields Spark Long Liquidation
Stocks Falter as Higher Bond Yields Spark Long Liquidation
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.52%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.15%. December E-mini S&P…
Cocoa Prices Slide on Expectations for Ample Global Supplies
Cocoa Prices Slide on Expectations for Ample Global Supplies
December ICE NY cocoa (CCZ25) on Thursday closed down -55 (-0.92%), and December ICE London cocoa #7 (CAZ25) closed up +19 (+0.45%).Cocoa prices settled mixed on Thursday, with NY cocoa…
Soybeans Pulling Back on Thursday
Soybeans Pulling Back on Thursday
Soybeans are fading back lower on Thursday with contracts down 4 to 7 cents in the front months. The cmdtyView national average Cash Bean price is 6 1/4 cents lower at…
Corn Pulling Back at Midday
Corn Pulling Back at Midday
Corn futures are trading with 2 to 3 cent losses across most contracts on Thursday. Outside pressure is a factors as the US dollar index is hitting a 2 month…
Corn Close Thursday with Losses
Corn Close Thursday with Losses
Corn futures posted lower trade across the front months on Thursday, with losses of 3 to 4 cents. Outside pressure was a factor as the US dollar index hit a…
Wheat Closes Mixed, as Winter Wheat Continues Under Pressure
Wheat Closes Mixed, as Winter Wheat Continues Under Pressure
The wheat complex was mixed on Thursday, as the winter wheats continue to grind lower. CBT soft red wheat futures were down fractionally to 1 ¼ cents on the day.…
Dollar Rallies on Higher Bond Yields and Hawkish Fed Speak
Dollar Rallies on Higher Bond Yields and Hawkish Fed Speak
The dollar index (DXY00) on Thursday rose by +0.63% and posted a 2.25-month high. Higher bond yields on Thursday were supportive of the dollar, along with weakness in stocks, which…
Nat-Gas Prices Retreat on a Larger-Than-Expected Build in Weekly Gas Storage
Nat-Gas Prices Retreat on a Larger-Than-Expected Build in Weekly Gas Storage
November Nymex natural gas (NGX25) on Thursday closed down by -0.064 (-1.92%).Nov nat-gas prices tumbled to a 1-week low on Thursday and settled sharply lower after weekly EIA nat-gas stockpiles…