Seasonality is turning positive for Cotton and I considering a long Cotton butterfly spread for early next week. Robusta Coffee is in a seasonally positive phase through most of June and doesn't turn...
Wheat futures sustained some double-digit losses on Wednesday as former bulls continued to unwind their July positions ahead of the main index fund roll period. Chicago contracts were down 10 ¾ to 11...
Corn prices were down 2 to 3 ½ cents at midday and settled 2 ½ to 3 ¼ lower. Perceptions of generally good growing weather in the US over the next week were the main feature, with December taking the...
Soybeans avoided the lows of the day, but settled 1 ½ to 5 1/2 cents lower, with November the weakest on a generally benign Corn Belt weather forecast. Soymeal was seeing a little bottom picking, settling...
How Low Can We Go?
The number of days on feed continues to produce more beef. There is no shortage at the moment of beef, and were the consumer to shift again, in discretionary spending, I would be fearful of a significant...
Despite McDonald's recent underperformance compared to the Nasdaq 100, Wall Street analysts remain cautiously optimistic about the stock's prospects.
The Texas-based pasture-raised egg producer hit its 52nd 52-week high of the past year, averaging one per week. The MID-cap stock is up 202% over the past year. From May 2021 through March 2024, the B...
Soybeans are down 1 ½ to 6 cents at midday, with bull spreading against a perception of excellent early season conditions for new crop soybeans. Product values continue to provide the pressure as crush...
Wheat futures are showing double digit losses at mid-morning, on all three exchanges. Chicago contracts were down 12 to 13 cents. Kansas City futures are trading mostly 13 to 14 lower. MPLS spring wheat...