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Silver is indelibly on the list of commodities whose demand is driven by The Weather (...and by its 300-pound cousin: The Climate)
Jim's exploration of previous growing seasons and their correlations with El Niño/La Niña (vis-à -vis tornado activity)
Cotton prices retreated ahead of the holiday weekend, down 9 to 120 points in the actively traded contract months. Nearby July was still up 463 points for the week, thanks to a limit up move at midweek....
Corn futures closed mid-range on Friday, settling ¾ to 2 cents higher on the day. For the week, July was up 12 ¼ and new crop December was up 11 3/4. The markets are closed for Memorial Day on Monday....
Live cattle futures were cautiously 12 cents lower to 17 cents higher at the Friday settlement, awaiting the USDA Cattle on Feed report after the close. Cash trade was the week saw action at $187 in the...
Lean hogs were hanging around UNCH at midday, but tipped lower into the close. Changes for the day were 25 lower to 2 cents higher. USDA’s National Average Base Hog negotiated price was reported at...
Soybeans settled 2 to 8 ¾ higher on Friday, with some bull spreading getting nearby July briefly above $12.50. Soymeal was a main reason for the strength, as front month contracts were up $6.70 to $9.80/ton....
The wheat complex went home with mixed on Friday, as profit taking ahead of the Memorial Day weekend nudged the July and September CBT contracts into negative territory. Everything else was up. Chicago...