NZDJPY may be completing a corrective wave (4) pullback within a larger bullish impulse. A recovery in wave (5) could target the 96–97 area initially, with potential for an extension toward 99.00.
Corn futures posted gains of 5 to 9 cents across the board at the close on Wednesday, getting spillover support from near limit gains in wheat. That came despite some weaker corn grind implication from...
Live cattle futures closed with $1.30 to $2.82 losses on Wednesday. Cash trade started to pick up this week, with a few light northern sales of $378-380 dressed and live action reported at $235-240 by...
Lean hog futures posted gains of $1.05 to $2.35 across most contracts on Wednesday, with July up 7 cents on expiration. USDA’s national base hog price was reported at $100.66 on Wednesday afternoon,...
Cotton futures closed the Wednesday session with contracts up 24 to 96 points at the final bell. Crude oil was up 90 cents on the day with the US dollar index up $0.356. Parts of Central Texas are looking...
The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2 cents in the green at the close....
Soybeans were up 7 ½ to 11 cents at the Wednesday close. The cmdtyView national average Cash Bean price was up 8 3/4 cents $11.55 1/2. Soymeal futures were $1.50 to $3.70 higher at the close, with Soy...
Dec 26/Dec 27 Corn Spread Eyed
Wheat did the heavy lifting today, finishing 5% higher for the day. Corn and soybeans tagged along, cattle got hit hard, but lean hog futures made new highs for the move! What's in store going forward?...
Are the Magnificent 7 stocks overpriced? Explore valuation, earnings yield, Graham’s margin of safety, and the risks of paying for perfection.