Jim explains the crucial phenomenon of global atmospheric angular momentum (Weather geeks call it GLAAM, GLAM, or GAM)
Cotton futures closed the Wednesday session with contracts up 25 to 30 points in the front months. Crude oil futures were up 71 cents per barrel at the close at $58.96, with the US dollar index $0.578...
Corn futures gave back some of the Tuesday gains, with contracts own 3 to 4 cents on Wednesday, as soon to expire December was down 6 cents. The CmdtyView national average Cash Corn price was down 3 1/2...
Lean hog futures were down a nickel in the soon to expire December contracts, with other contracts up 55 to 85 cents. USDA’s national base hog price was reported at $70.05 on Wednesday afternoon, down...
Live cattle futures were up $1.45 to $1.60 in most front months on Wednesday, with in delivery December down a tick. There were 15 deliveries retendered at 1 cent and 15 at 2 cents on Wednesday. Cash trade...
Soybeans were 1 to 4 cents higher across most contracts on Wednesday. The cmdtyView national average Cash Bean price was 4 1/4 cents lower at $10.21 3/4. Soymeal futures ere steady to $3.10 in the red,...
Wheat posted Wednesday weakness, as futures saw a delayed response to USDA’s added world production from Tuesday. Chicago SRW futures poste losses of a nickel in the front months on the midweek session....
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up by +0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.42%. December...
The dollar index (DXY00 ) on Wednesday fell to a 6-week low and finished down by -0.63%. The dollar retreated on Wednesday after the FOMC cut the federal funds target range by -25 bp. The dollar was...
Cattle feeders appear to have gone backwards today.