Strong rally to start week
I don't think the corn belt classic brought the stupendous prices most expected. The futures big gains and seemingly none in the cash markets leads me to believe that simply some divergence took place...
Corn and soybeans were firm to start the week but wheat futures continued to slide lower marking the ninth consecutive day of losses, the longest streak since 2015.
The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. Stock indexes on Monday...
Yext's (NYSE:YEXT) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops 13.9%
Calavo (NASDAQ:CVGW) Surprises With Q1 Sales, Stock Jumps 11.9%
Crop Progress - 2024-06-10
Wheat makes new lows, as Cattle Rally. WASDE on Wednesday.
The dollar index (DXY00 ) Monday rose by +0.24% and posted a 3-1/2 week high. The dollar moved higher Monday on carryover support from last Friday’s stronger-than-expected US May payroll report, which...
July WTI crude oil (CLN24 ) on Monday closed up +2.21 (+2.93%), and July RBOB gasoline (RBN24 ) closed up +2.83 (+1.19%). Crude oil and gasoline prices rallied to 1-week highs Monday and closed moderately...