Silver and industrial metals move sharply higher as markets assess whether the rally is sustainable and what’s driving the move, with Phil Streible breaking down the setup on Metals Minute. Tune in.
Grain markets finished March on higher ground, but are retreating this morning as recent peace headlines. The last few weeks have played out like The Boy Who Cried Wolf. Is this time different?
Lean hog futures posted Tuesday losses of 40 cents to $1.47 in most contracts, with April down a nickel. Open interest dropped 2,732 contracts. USDA’s national base hog price was reported at $90.58 on...
Cotton price action is down 110 to 130 points early on Wednesday. Futures saw weakness later on Tuesday, with contracts down 19 to 29 points following more than expected acres. The US dollar index was...
Live cattle futures were up $1.582 to $3.47 on Tuesday, led by the front months. Open interest was up 5,500 contracts on Wednesday, mostly in June and August. Cash trade has yet to get kicked off this...
Corn price action is down 4 to 5 cents so far on Wednesday morning. Futures closed the Tuesday session with contracts steady to 2 ¼ cents higher following some friendlier old crop numbers from USDA. Open...
Soybeans are falling back to start April, as contracts are down 6 to 9 cents so far on Wednesday morning. Futures posted 5 to 13 ½ cent gains across most contracts on Tuesday, led by the new crop months....
Wheat is reverting back lower on Wednesday morning, down double digits across all three exchanges. The wheat complex got a positive reaction to the USDA report on Tuesday, rallying across the three markets....
Baker Hughes will release its first-quarter earnings later this month, and analysts anticipate a single-digit bottom-line growth.
The stock market had a huge bounce on Tuesday following signs the US and Iran are seeking to end the war, and if that continues, bull put spread trades could do well.