Cotton futures posted strength on Thursday, as contracts closed with front month gains of 100 to 139 points. The outside markets were supportive on the day. Crude oil futures were up 29 cents/barrel, as...
May NY world sugar #11 (SBK25 ) Thursday closed down -0.26 (-1.34%), and May London ICE white sugar #5 (SWK25 ) closed down -2.50 (-0.46%). Sugar prices Thursday slid to 1-1/2 week lows as forecasted rain...
May ICE NY cocoa (CCK25 ) Thursday closed down -65 (-0.81%), and May ICE London cocoa #7 (CAK25 ) closed down -91 (-1.45%). Cocoa prices Thursday settled moderately lower as they consolidated above recent...
May arabica coffee (KCK25 ) Thursday closed down -13.20 (-3.37%), and May ICE robusta coffee (RMK25 ) closed down -86 (-1.58%). Coffee prices Thursday added to sharp Wednesday's losses, with arabica falling...
Big surprises from the USDA could quickly increase the volatility in the grains futures markets.
Cotton futures are showing midday gains of 85 to 109 on Thursday. The outside markets are supportive on the day. Crude oil futures are up 8 cents/barrel and the US dollar index $0.342 higher on the day....
May NY world sugar #11 (SBK25 ) today is down -0.34 (-1.76%), and May London ICE white sugar #5 (SWK25 ) is down -4.20 (-0.78%). Sugar prices today fell to 1-1/2 week lows as forecasted rains for Brazil...
May ICE NY cocoa (CCK25 ) today is down -29 (-0.36%), and May ICE London cocoa #7 (CAK25 ) is down -63 (-1.01%). Cocoa prices today are moderately lower as they consolidate above recent lows. Since posting...
May arabica coffee (KCK25 ) today is down -11.90 (-3.04%), and May ICE robusta coffee (RMK25 ) is down -109 (-2.00%). Coffee prices today added to Wednesday's losses, with arabica falling to a 1-month...
The moving average convergence divergence indicator has just produced a bearish line crossover signal for July sugar futures.
Live cattle futures saw Wednesday gains of 40 to 70 cents in the front months. Cash trade has been slow this week, with light sales at $213 in the north reported by the USDA. The Central Stockyards Fed...
Lean hog futures posted 30 to 90 cent gains across most contracts on Wednesday. The USDA national average base hog negotiated price was reported at $88.19 on Wednesday afternoon, down another $0.46 from...
The Lows Could Be in For the Grains - Are the Highs in For the Cattle Markets? New Soybean Call Spreads As Well
The cut in slaughter pace is expected to bring a top to the market quicker than anything else could.
Live cattle futures are 20 to 55 cents higher in the front months at Wednesday’s midday. Cash trade has been slow this week. Last week’s cash movement was up $7-8 to $210 in the South and $212-216...
Lean hog futures are posting 45 to 75 cent gains across the front months on Wednesday. The USDA national average base hog negotiated price was reported at $87.54 on Wednesday morning, down another $0.69...
Live cattle futures closed the Tuesday session with 17 to 47 cent gains in the nearbys and other contracts lower. Preliminary open interest was up 4,273 contracts. The cash market has been quiet to start...
Lean hog futures settled the Tuesday session with contracts 45 to 95 cents higher. The USDA national average base hog negotiated price was reported at $88.65 on Tuesday afternoon, down $1.64 from the day...
Lean hog futures closed the Tuesday session with contracts up 45 to 95 cents. The USDA national average base hog negotiated price was reported at $88.65 on Tuesday afternoon, down $1.64 from the day prior....