I spoke about the grain market with Michelle Rook today on AgWeb's Markets Now. We also discussed the U.S. dollar and crude oil.
The jobs market added 175,000 positions in April, 58,000 less than economists consensus. That should be good for the markets. On Thursday, there were two stocks and one ETF with unusually active options...
Coffee tumbles alongside cocoa, while Brent crude pulls back on bearish U.S. inventories data.
Live cattle are up a nickel to 90 cents across most contracts on Friday. Cash trade has been slow to develop this week with bids of $184 in the South and $186 in the North, as there have been a few trades...
Lean hogs are heading lower into the weekend, with contracts down 27 to 70 cents at midday. USDA’s National Average Base Hog negotiated price was up $1.10 from the day prior in the Friday morning afternoon...
Corn futures are slipping of the early session strength on Friday, with contracts down 1 ½ to 3 ½ cents in the nearbys and up 1 to 2 cents in the new crop contracts. Some precip is expected to make...
Soybeans are trading the final session of the week, with contracts up 6 to 8 cents across most months, pulling back from early double digit gains. Soymeal is also pulling off the highs, with contracts...
The wheat complex is heading higher on Friday. Chicago contracts are the leaders, with gains of 17 to 20 cents across most contracts. Kansas City futures are up 13 to 15 cents on the day, so far. There...
Cotton futures are seeing some profit taking off the recent drop, as contracts are up 147 to 268 points at midday, disregarding the thin May. A weaker US dollar is also helping, with midday losses of 288...
July NY world sugar #11 (SBN24 ) this morning is up +0.11 (+0.57%), and Aug London ICE white sugar #5 (SWQ24 ) is up +3.50 (+0.61%). Sugar prices this morning are moderately higher. Short covering emerged...