In my opinion, further clues were presented at the end of the week via the unemployment report as to further weakening of the economy. Stagflation has settled in with the Fed's Powell stating this week...
July NY world sugar #11 (SBN24 ) on Friday closed up +0.03 (+0.16%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +1.50 (+0.26%). Sugar prices Friday posted modest gains. Short covering emerged...
July ICE NY cocoa (CCN24 ) on Friday closed up +582 (+7.70%), and July ICE London cocoa #7 (CAN24 ) closed up +332 (+5.06%). Cocoa prices recovered from 6-week lows on Friday and rallied sharply. Gains...
July arabica coffee (KCN24 ) on Friday closed down -5.35 (-2.60%), and July ICE robusta coffee (RMN24 ) closed down -139 (-3.78%). Coffee prices Friday extended this week's sharp decline and posted 1-month...
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Apple stock is up on its massive buyback news - a new $110 billion program, as well as a 4% dividend hike. These work out to 4.39% of its market cap. Today AAPL OTM put and call options are cheap - good...
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...