The war in Iran is driving a historic surge in energy and grain prices while simultaneously threatening to break the cattle market due to rising input costs and shrinking consumer disposable income.
New Contract Highs in the Live Cattle Market - Grains Still Look Overpriced
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.11%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.11%. June E-mini...
Price may move higher or may move lower, but the next most probable move in the industry is to cut production capacity.
The dollar index (DXY00 ) on Thursday rose by +0.36%. Thursday's decline in equity markets boosted liquidity demand for the dollar. Also, Wednesday night's comments from President Trump that the Iran...
May WTI crude oil (CLK26 ) on Thursday closed up +11.42 (+11.41%), and May RBOB gasoline (RBK26 ) closed up +0.1966 (+6.36%). Crude oil and gasoline prices rallied sharply on Thursday, with crude posting...
May Nymex natural gas (NGK26 ) on Thursday closed down -0.019 (-0.67%). Nat-gas prices added to this week's decline on Thursday, posting a fresh 5-week nearest-futures low. A larger-than-normal build...
Dairy Products - 2026-04-02
Gold has corrected from the late January all-time high. The leading precious metal is trading over $1,000 below the all-time peak, and remains under pressure despite geopolitical events.