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I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. In last week's post, I mentioned that China's economy is growing. Its Gross Domestic...
Explosive Upside Potential Remains in the Soybean Oil and Cattle Markets
Lean hog futures closed with 10 to 75 cent gains on Tuesday. USDA’s national base hog price was reported at $84.82 on Tuesday afternoon, up $1.57 from the day prior. The CME Lean Hog Index was up another...
The wheat complex ended the Tuesday session with some strength. Chicago SRW futures were steady to a penny higher in the nearbys. KC HRW futures were up 2 to 3 cents across the front months. MPLS spring...
Live cattle futures posted losses on Tuesday, with contracts down 35 to 60 cents at the close. Cash trade has yet to get kicked off this week. It found its footing last week at $233 to $236.50 live and...
Cotton futures bounced back on the Tuesday session, with contracts up 71 to 86 points across the front months. Crude oil futures were up $1.96 per barrel on the day at $62.56. The US dollar index was down...
Soybeans closed Tuesday with contracts 5 to 6 cents higher in the nearbys. The cmdtyView national average Cash Bean price was 6 1/4 cents higher at $9.99 1/2. Soymeal futures were down 30 cents to 60 cents...
Corn futures closed the Tuesday session with contracts down 1 to 2 cents in the front months. The CmdtyView national average Cash Corn price was down a 1 ½ cents at $3.90 3/4. USDA reported a private...
