The wheat complex led the grain rally again on Wednesday as the KC complex led the way to fresh highs. Chicago SRW contracts were the highest since 2024 on the front month continuation chart, up 21 to...
Cotton futures saw gains of 42 to 91 points across most contracts on Wednesday session. Crude oil is up another $2.14 per barrel, with the US dollar index down 0.061. The NOAA 7-day QPF shows very limited...
Soybeans posted front month buying on Wednesday, as contracts were 11 ¾ to 16 ¼ cents higher across the nearbys and up 7 ¾ to 9 ¾ cents in the deferreds. The rally to $12.38 in the August contract...
Corn futures rallied 8 to 9 1/2 cents into the Wednesday close, holding within 2 cents of the intraday highs across most contracts. Deferred contracts were fractionally to 4 ½ cents higher. Spillover...
Live cattle futures continued the liquidation, with contracts down $3.02 to $4.10 across the board. Futures hit fresh 2026 lows on the day. Cash trade saw a few $230-232 sales on Wednesday, though there...
Lean hog futures saw gains of 20 to 75 cents across most contracts, with August the exception, down a nickel. USDA’s national base hog price was reported at $101.08 Wednesday afternoon, up 86 cents from...
Funds Continue to Extend Long
Written by Chris Winward
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.14%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.54%. September...
Low-Cost Trades, With Limited Risk