In an interview on AgWeb's Markets Now, Darin Newsom of Barchart discussed the surprising grain market rally led by soybeans despite negative China trade news, a potential corrective bounce in corn with...
Can the Grains Continue to Advance from here - Should the Cattle Markets Expect a 10% Pullback?
In my opinion alone, and not to be confused with fact, is that the spread between the optimism of the producer, and the street signs of the economy, are believed as wide as I can ever recall.
Cold Storage - 2025-04-24
Livestock Slaughter - 2025-04-24
Corn, beans, and wheat were able to see some strength into Thursday afternoon’s trade while livestock markets seemed to struggle to find conviction on direction.
Lean hog futures show mixed trade on Thursday with May up a tick and other contracts down 30 to 40 cents. USDA’s national average base hog negotiated price was down $1.37 from the day prior at $90.22...
Live cattle futures are extending the recent strength on Thursday with gains of 25 cents to $1.075. Cash trade has been quiet so far this week. This morning’s Fed Cattle Exchange online auction from...
Live cattle make new contract highs. How much more gas is in the tank? Lean hogs stall right at technical resistance, time for a retracement?
Lean hog futures fell off into the Wednesday close to end to the day with contracts down 35 cents to slightly higher in some deferred months. Preliminary open interest was up 2,027 contracts. USDA’s...
Cotton prices are trading with 2 to 19 point losses in most contracts, with May dropping 224 points on first notice day. Futures rallied across most contracts on Wednesday, with gains of 126 to 181 points....
Cotton futures rallied across most contracts on Wednesday, with gains of 126 to 181 points. That was despite less than supportive outside market activity, with crude oil futures back down $2.03 /barrel...
May NY world sugar #11 (SBK25 ) Wednesday closed down -0.05 (-0.28%), and August London ICE white sugar #5 (SWQ25 ) closed down -2.50 (-0.49%). Sugar prices Wednesday gave up an early advance and settled...
May ICE NY cocoa (CCK25 ) Wednesday closed down -206 (-2.21%), and May ICE London cocoa #7 (CAK25 ) closed down -134 (-2.07%). Cocoa prices Wednesday gave up early gains and posted moderate losses as a...
July arabica coffee (KCN25 ) Wednesday closed up +13.00 (+3.49%), and May ICE robusta coffee (RMK25 ) closed up +100 (+1.91%). Coffee prices on Wednesday settled higher, with arabica up sharply at a 3-week...
Cotton futures are in rally mode on Wednesday, with contracts up 91 to 127 points so far. That is despite less than supportive outside market activity, with crude oil futures back down $1.68/barrel and...
May NY world sugar #11 (SBK25 ) today is down -0.03 (-0.17%), and August London ICE white sugar #5 (SWQ25 ) is down -2.90 (-0.57%). Sugar prices today gave up an early advance and turned lower after weakness...
May ICE NY cocoa (CCK25 ) today is down -102 (-1.10%), and May ICE London cocoa #7 (CAK25 ) is down -117 (-1.81%). Cocoa prices today gave up early gains and turned lower as a stronger dollar (DXY00 )...
July arabica coffee (KCN25 ) today is up +12.00 (+3.22%), and May ICE robusta coffee (RMK25 ) is up +55 (+1.05%). Coffee prices today are moving higher, with arabica up sharply to a 2-1/2 week high. Strength...
Cotton prices are trading with 88 to 139 point gains so far on Wednesday morning. Futures posted Tuesday gains of 20 to as much as 127 point gains on Tuesday, led by the thinly trade May contract. Crude...