I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Last week I wrote about the gap higher in the Kansas City wheat (Hard Red Winter...
Live cattle futures posted Tuesday gains of $2.12 to $4.55. Cash trade got kicked off early again this week, but on a higher, note at $252 live and 395-396 dressed in the north. Southern action was still...
The wheat complex posted a double digit rally across the three exchanges on Tuesday. Chicago SRW futures were 17 to 28 1/4 cents higher on Tuesday. KC HRW futures were up 18 to 29 ½ cents across most...
Corn futures closed the Tuesday session with contracts 3 ¼ to 6 ½ cents higher, as spillover support from the wheat market is supportive. The CmdtyView national average Cash Corn price was up 7 cents...
Cotton futures found late strength on Tuesday, with contracts up 1 to 14 points in most front months. The US dollar index was back up $0.162 at $98.480. Crude oil was extending higher, up $3.26 to $99.63....
Soybeans closed the Tuesday session with front months down 1 to 4 ¼ cents in the front months and fractionally to 1 ¼ cents higher in the deferreds. The cmdtyView national average Cash Bean price was...
Lean hog futures closed the Tuesday session with contracts down 20 to 77 cents. USDA’s national base hog price was reported at $92.56 on Tuesday afternoon, up $2.32 from the day prior. The CME Lean Hog...
What a difference a week can make…New Contract Highs for Live Cattle today! Are Feeders far behind?
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.49%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.01%. June E-mini...