I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The wheat market today showed a bit less strength compared to corn and soybeans,...
Lean hog futures posted losses of 35 cents to $1.60, with nearby July up a dime. USDA’s national base hog price was reported at $96.42 on Tuesday afternoon. The CME Lean Hog Index was back down 12 cents...
Cotton futures closed with contracts 99 to 299 points higher, with some contracts hitting the three cent limit at the high. The outside markets were mixed, as Crude oil was up $3.65 following Iran striking...
Live cattle futures posted losses of 10 to 67 cents on the day. Cash was picked up last week at $403 dressed in the north, with live trade at $255-256. Southern trade was $255. Feeder cattle futures were...
The wheat complex found late session strength on Tuesday. Chicago SRW contracts were 3 ¼ to 7 ¼ cents in the green on the day. KC HRW futures were 1 ¼ to 4 ¾ cents higher at the close. MPLS spring...
Soybeans found late session strength to post 2 to 9 ¾ cent gains, as nearby July was up 14 ½ cents. The cmdtyView national average Cash Bean price was up 10 1/4 cents at $11.46. Soymeal futures were...
Corn futures extended the rally to Tuesday, with contracts closing 3 ½ to 6 ¾ cents higher, as July was just 1 ¾ cents higher. The CmdtyView national average Cash Corn price was a nickel higher at $4.13...
Corn prices slipped early but would rally ahead of the noon hour as weather premium comes back into the market. The December contract is quickly approaching a cluster of resistance that sits within the...
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.45%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.77%. September...