Silver made a blow-off top back in December, during the Christmas and holiday period, near 85, from where we then saw a sharp pullback of around 14–15% in just a few days. After that decline, the market...
Soybeans posted Thursday losses of 5 to 6 cents. The cmdtyView national average Cash Bean price was 5 3/4 cents lower at $9.88. Soymeal futures were down $1.10 to $2.70 on Thursday, with Soy Oil futures...
The wheat complex failed to hold in the gains on Thursday. Chicago SRW futures were steady to a penny higher at the close. KC HRW futures functionality to 2 cents in the red. MPLS spring wheat is settled...
Live cattle futures held onto the Thursday gains, with contracts 75 cents to $1.25 higher. Cash trade has been quiet so far this week with a few dressed sales of $365 so far in the North and $228-232 live....
Corn futures closed out a quiet Thursday session with fractional losses in the front months and fractional gains in other contracts. The CmdtyView national average Cash Corn price was down ¼ cent at $4.08...
Lean hog futures posted Thursday gains of $1.07 to $1.65 at the close. USDA’s national base hog price was reported at $69.37 on Thursday afternoon, down $3.24 from the day prior. The CME Lean Hog Index...
Cotton future posted losses of 30 to 40 points on Thursday. Crude oil futures were back up $2.41 per barrel at $58.40. The US dollar index was up $0.183 at $98.605. USDA’s Export Sales report from this...
Cattle Markets Look Ready for the Next Level Higher - Soybean Oil Could be Special This Year
Senior Market Strategist John Rowland, CMT, explains the implications of a dollar collapse below key support at 98 on metals, stocks, and the rest of your portfolio.
