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News
Cattle Rally to Round out July
1+ mon, 1+ week ago (51+ words) Live cattle futures were mixed, with contracts up 52 cents to 20 cents lower. August was up $4.67 this week. USDA picked up cash trade at $232-233, with some up to $235. Feeder cattle futures extended the bounce out of the Monday collapse, with contracts…...
Soybeans Face Weakness to Close the Week
1+ mon, 1+ week ago (51+ words) Soybeans posted 1 to 5 ¼ cent losses across most contracts on Friday. August was down 76 cents on the week, with November dropping 66 cents. November still managed a 43 ¾ cent gain on the month The cmdtyView national average Cash Bean price was down 7 1/2 cents…...
Cotton Rallies into the End of the Month
1+ mon, 1+ week ago (51+ words) Cotton futures closed the Friday session with contracts 53 to 112 points. December managed to close the week with a 181 point gains. Crude oil was back up $3.21 per barrel, with the US dollar index back up $0.016. Friday afternoon’s Commitment of Traders report…...
Corn Closes July with Weakness
1+ mon, 1+ week ago (50+ words) Corn futures posted losses of 1 ½ to 5 cents on the Friday session, as September and December both closed the week with a 23 ½ cent loss. Spillover weakness from wheat, rains, and month end pressure is a factor. December was still up 28 cents…...
Wheat Collapses to Close out July
1+ mon, 1+ week ago (50+ words) The wheat complex fell into the weekend, with losses across the three exchanges as money was coming out at the end of the month. Chicago SRW contracts were down 18 ¼ to 24 ¼ cents at the close. September was down 38 ¾ cents on the…...
Abundant US Nat-Gas Inventories Weigh on Prices
1+ mon, 1+ week ago (370+ words) September Nymex natural gas (NGU26) on Friday closed down -0.011 (-0.40%). Nat-gas prices posted modest losses on Friday amid signs of adequate US supplies. As of July 24, EIA nat-gas inventories were +6.4% above their 5-year seasonal average, signaling abundant supplies. Losses in nat-gas prices…...
Cocoa Supplies Surge on Ghana Production Concerns
1+ mon, 1+ week ago (50+ words) September ICE NY cocoa (CCU26 ) on Friday closed up +285 (+5.58%), and September ICE London cocoa #7 (CAU26 ) closed up +201 (+5.28%). Cocoa prices are sharply higher today on concerns over cocoa production in Ghana, the world's second-largest cocoa producer. Ghana's cocoa regulator, COCOBOD, projects Ghana's 2026/27 cocoa......
Cattle Extending Strength to Friday
1+ mon, 1+ week ago (52+ words) Live cattle futures are trading with contracts 45 cents to $1.125 higher. USDA picked up cash trade at $232-233, with some up to $235. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,054 head offered and a few bids of $228. Feeder…...
Prospects of India Monsoon Rains to Remain Subpar Boost Sugar Prices
1+ mon, 1+ week ago (50+ words) October NY world sugar #11 (SBV26 ) today is up +0.29 (+2.01%), and October London ICE white sugar #5 (SWV26 ) is up +5.10 (+1.12%). Sugar prices rose sharply today as short covering emerged over concerns about India’s sugar crop. India’s Meteorological Department said today that monsoon rainfall in India......
Wheat Futures Rally on Black Sea Escalation as Market Tests Key Resistance
1+ mon, 1+ week ago (615+ words) Chicago wheat futures have surged in July, touching a two year peak near $7.06 per bushel before settling into the $6.60 to $6.80 area, as an escalating Russia Ukraine conflict disrupts Black Sea shipping and a historically weak US winter wheat crop tightens…...