Cotton Slipping on Friday
Cotton Slipping on Friday
Cotton futures are trading with 15 to 30 point losses on Friday. The US dollar index is down 343 points, with crude oil losing $1.64 per barrel. USDA’s Export Sales report showed 4.213…
Coffee Prices Slide on Brazil Rain Forecasts
Coffee Prices Slide on Brazil Rain Forecasts
March arabica coffee (KCH26) on Friday closed down -2.80 (-0.78%). March ICE robusta coffee (RMH26) closed down -3 (-0.07%).Coffee prices gave up an early advance on Friday and settled lower…
Soybeans Trading with Friday Gains
Soybeans Trading with Friday Gains
Soybeans are showing 2 to 3 cent gains on Friday, reverting from early weakness. The cmdtyView national average Cash Bean price is 2 1/2 cents higher at $9.85 1/2. Soymeal futures are…
Wheat Rallies on Friday
Wheat Rallies on Friday
The wheat complex rallied into the long weekend with gains across the three markets. Chicago SRW futures were 7 to 8 cents higher on Friday, with March up just ¾…
Cattle Collapse into the Long Weekend
Cattle Collapse into the Long Weekend
Live cattle futures closed the Friday session with contracts $3.90 to $4.50 lower. February was $1.57 lower this week. Cash trade this week centered in the $233 range across the South…
Hogs Close with Slight Gains on Friday
Hogs Close with Slight Gains on Friday
Lean hog futures saw slightly higher action in Friday, with contracts up 20 to 50 cents. February managed to close the week with a $2.97 gain. USDA’s national base hog price…
Stocks Climb on Renewed Optimism for AI Spending
Stocks Climb on Renewed Optimism for AI Spending
The S&P 500 Index ($SPX) (SPY) today is up +0.27%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.46%. March E-mini S&P futures…
Dollar Recovers on Fed Chair Speculation
Dollar Recovers on Fed Chair Speculation
The dollar index (DXY00) on Friday rose by +0.04%. The dollar recovered from early losses on Friday and moved higher after President Trump expressed reluctance to nominate Kevin Hassett as…
Corn Rallying into the Weekend
Corn Rallying into the Weekend
Corn price action is trading with 5 to 6 cent gains at midday on Friday. The CmdtyView national average Cash Corn price is up 6 cents at $3.89 1/2. The markets will…
Corn Closes with Losses Despite Export Business
Corn Closes with Losses Despite Export Business
The corn market fell deeper into the Tuesday close, with contracts down 3 to 5 ¼ cents. The front month CmdtyView national average Cash Corn price was down 3 cents at…
Limited Rain Chances in Brazil Boost Coffee Prices
Limited Rain Chances in Brazil Boost Coffee Prices
March arabica coffee (KCH26) on Thursday closed up +2.10 (+0.59%). March ICE robusta coffee (RMH26) closed up +48 (+1.21%).Coffee prices recovered from early losses on Thursday and settled higher after…
Cotton Faces Outside Pressure to Close Thursday with Weakness
Cotton Faces Outside Pressure to Close Thursday with Weakness
Cotton futures closed the Thursday session with contracts down 22 to 28 points. Crude oil futures were down $2.74 per barrel at $59.28. The US dollar index was down $0.248…