Corn Bulls Fighting Back on Friday
Corn Bulls Fighting Back on Friday
Corn futures are up 3 to 5 cents in most nearby contracts on Friday. New crop December is weighed down by bean losses as they try not to attract too…
Trade Turmoil and Crude Oil Weakness Weighs in Sugar Prices
Trade Turmoil and Crude Oil Weakness Weighs in Sugar Prices
May NY world sugar #11 (SBK25) Friday closed down -0.27 (-1.41%), and May London ICE white sugar #5 (SWK25) closed down -5.50 (-1.01%).Sugar prices retreated for a second day Friday…
Dollar Rebounds on US Labor Market Strength and Hawkish Powell
Dollar Rebounds on US Labor Market Strength and Hawkish Powell
The dollar index (DXY00) Friday rose by +1.06%. The dollar on Friday recovered from early losses and rallied moderately, rebounding from Thursday’s 6-month low. Short covering emerged in the dollar…
Corn Closes Friday with Gains
Corn Closes Friday with Gains
The corn market closed out the Friday session with contracts up 1 to 3 cents across the front months. May was up 7 cents this week despite all the tariff…
Wheat Weaker at Friday’s Midday
Wheat Weaker at Friday’s Midday
The wheat complex is continuing the weaker trend on Friday, with contracts down across the three markets. Chicago SRW futures are down 2 to 4 cents so far on the day.…
Coffee Prices Sink on Risk-Off Sentiment in Asset Markets
Coffee Prices Sink on Risk-Off Sentiment in Asset Markets
May arabica coffee (KCK25) Friday closed down -19.55 (-5.07%), and May ICE robusta coffee (RMK25) closed down -259 (-4.82%).Coffee prices plummeted Friday, with arabica posting a 2-month low and robusta…
Cocoa Prices Sharply Lower as Global Trade War Sparks Demand Concerns
Cocoa Prices Sharply Lower as Global Trade War Sparks Demand Concerns
May ICE NY cocoa (CCK25) Friday closed down -779 (-8.38%), and May ICE London cocoa #7 (CAK25) closed down -310 (-4.66%).Cocoa prices Friday sold off sharply as global trade war…
Cotton Close with Friday Losses
Cotton Close with Friday Losses
Cotton futures posted Friday losses of 115 to 144 points in the nearbys, with May down 354 points this week. Crude oil futures were $4.63/barrel lower, as the US dollar index…
Cotton Off Lows at Friday’s Midday
Cotton Off Lows at Friday’s Midday
Cotton futures are trading with Friday losses of 180 to 224 points so far on Friday’s midday, as they pull off early losses Crude oil futures are $5.09/barrel lower, as the…
Nat-Gas Prices Plunge on Tariff Fallout and Warmer US Temps
Nat-Gas Prices Plunge on Tariff Fallout and Warmer US Temps
May Nymex natural gas (NGK25) on Friday closed down -0.301 (-7.27%).May nat-gas prices plunged to a 1-week low Friday on global trade war concerns and forecasts for warmer US temperatures,…
Crude Oil Prices Plunge as Tariff Turmoil Threatens Global Energy Demand
Crude Oil Prices Plunge as Tariff Turmoil Threatens Global Energy Demand
May WTI crude oil (CLK25) Friday closed down -4.96 (-7.41%), and May RBOB gasoline (RBK25) closed down -0.1098 (-5.07%).Crude oil and gasoline prices on Friday sank for the second day,…
Stock Plunge as Trade War Escalates
Stock Plunge as Trade War Escalates
The S&P 500 Index ($SPX) (SPY) Friday closed down -5.97%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -5.50%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -6.07%. June E-mini S&P futures…