While the on feed numbers grew, some thought that meant fewer cattle. That is not the case, it is that there will be fewer animals for someone else to put the pounds on over the summer.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.76%. June E-mini...
Crop Progress - 2026-05-26
The dollar index (DXY00 ) on Tuesday fell by -0.07%. The dollar moved lower on Tuesday amid signs that peace negotiations between the US and Iran are progressing, which curbed safe-haven demand for the...
July WTI crude oil (CLN26 ) on Tuesday closed down -2.71 (-2.81%), and July RBOB gasoline (RBN26 ) closed down -0.2046 (-6.10%). Crude oil and gasoline prices settled sharply lower on Tuesday, with crude...
June Nymex natural gas (NGM26 ) on Tuesday closed down -0.013 (-0.45%). Nat-gas prices on Tuesday fell to a 1-week low and settled lower amid forecasts of below-normal US weather, which will curb nat-gas...
Sugar can correlate with crude oil because Brazil is the world’s leading free-market sugarcane producer, and Brazilian sugarcane is a primary ingredient in Brazilian ethanol production. Given crude oil’s...
July NY world sugar #11 (SBN26 ) on Tuesday closed down -0.16 (-1.09%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -5.50 (-1.24%). Sugar prices retreated on Tuesday, with NY sugar posting a...
July ICE NY cocoa (CCN26 ) on Tuesday closed up +373 (+9.83%), and July ICE London cocoa #7 (CAN26 ) closed up +293 (+10.24%). Cocoa prices surged to 1.5-week highs on Tuesday amid fund short-covering,...