Cotton futures crept lower into the Wednesday close, as contracts were down 1 to 18 points on the session. Crude oil was back up $3.61 to $99.82, with the US dollar index up $0.725 to $100.055. The Seam...
Live cattle futures saw a pop late on Wednesday to close with 17 to 77 cent gains. Cash trade has been quiet so far this week. The Wednesday morning Fed Cattle Exchange online auction showed no sales on...
The wheat complex rallied double digits on the Wednesday session. Chicago SRW futures were 11 to 14 3/4 cents higher on the day. KC HRW futures were 18 1/4 to 23 1/4 cents in the green. MPLS spring wheat...
Lean hog futures saw mixed action on Wednesday, with contracts mostly within a quarter of unchanged. USDA’s national base hog price was reported at $93.29 on Wednesday afternoon, up $1.11 from the day...
Corn futures closed out the Wednesday session with contracts 7 to 9 cents higher and some deferred contracts 2 to 4 ¾ cents in the green. The CmdtyView national average Cash Corn price was up 9 ¼ cents...
Soybeans posted 4 ¾ to 10 ¼ cent gains across the front months on Wednesday, as new crop led the charge with the new crop soy/corn ratio creeping towards 2.33. The cmdtyView national average Cash Bean...
Potential Breakout in the Wheat Complex
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.36%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.43%. March...
Soybean Oil appears poised for a retracement lower.
The dollar index (DXY00 ) on Wednesday rose by +0.51%. The dollar recovered from early losses today and turned higher after US Feb producer prices rose more than expected, a hawkish factor for Fed policy....
