Live cattle were down 40 cents to $1.42 across most contracts, with June the lone exception, up a nickel. August was down 80 cents this week. Cash trade saw volume pick up late on Friday to $260 live and $408-410 dressed in the north, with a few sales at $258 in the South. Feeder cattle futures wer…
Cotton futures were down 9 to 174 points on Friday. July was down 577 points this week as December was 329 points lower. Crude oil was back down $1.40/bbl to $70.52. The US dollar index was back down $0.043 at $101.150.The NOAA 7-day QPF shows very little precip expected in TX over the next week, w…
Corn futures closed the Friday session mixed, with front months down ½ to 2 cents and deferred contracts for the 2027 crop steady to a penny higher. July options expired today, with first notice day on Tuesday. July futures were down 4 ¾ cents this week, with December down 2 ½ cents. The CmdtyView…
Soybeans closed the Friday session with contracts steady to 1 ½ cents lower, as September was ¼ cent higher. July options expired today, with FND on Tuesday. July was up 3 ½ cents this week, with November 13 ½ higher. The cmdtyView national average Cash Bean price is down 2 1/2 cents at $10.76 1/4…
The wheat complex posted losses across most contracts on Friday. Chicago SRW contracts were down 9 to 12 3/4 cents in the front months, with July 27 ½ cents lower on the week. KC HRW futures were 9 to 11 ¾ cents in the red on Friday, with the weekly loss for July at 33 cents. MPLS spring wheat was…
Lean hog futures were $1 to $1.37 higher on Friday, with front months down 2 to up 22 cents. July was $2.10 lower this week. USDA’s national base hog price was reported at $93.44 on Friday afternoon, down $1.85 from the day prior. The CME Lean Hog Index was back down 7 cents on June 24 at $91.78USD…
The S&P 500 Index AMEX:SPY on Friday closed down -0.05%, the Dow Jones Industrial Average AMEX:DIA closed down -0.09%, and the Nasdaq 100 Index NASDAQ:QQQ closed down -1.09%. September E-mini S&P futures (ESU26) fell -0.12%, and September E-mini Nasdaq futures (NQU26) fell -1.19%.Stock indexes sett…
The dollar index ICEUS:DXY on Friday fell by -0.07%. The dollar moved lower on Friday amid weakness in crude oil prices. WTI crude oil fell more than 3% on Friday to a 4-month low, easing inflation expectations and potentially persuading the Fed to ease monetary policy, a negative factor for the do…
August WTI crude oil (CLQ26) on Friday closed down -2.69 (-3.74%), and August RBOB gasoline (RBQ26) closed down -0.0765 (-2.64%).Crude oil and gasoline prices settled sharply lower on Friday, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is boosting…
July Nymex natural gas (NGN26) on Friday closed down -0.112 (-3.35%).Nat-gas prices retreated from a 3-month high on Friday and settled sharply lower. Long liquidation pressured prices on Friday, the last day of trading for the expiring July Nymex nat-gas contract.Don’t Miss a Day: From crude oil t…
July NY world sugar #11 (SBN26) on Friday closed up +0.43 (+3.17%), and Aug London ICE white sugar #5 (SWQ26) closed up +19.30 (+4.34%).Sugar prices rallied sharply on Friday, with NY sugar climbing to a 2-week high and London sugar jumping to a 2.75-month high. Sugar prices are soaring amid concer…
September ICE NY cocoa (CCU26) on Friday closed down -152 (-2.90%), and July ICE London cocoa #7 (CAN26) closed down -100 (-2.56%).Cocoa prices settled sharply lower on Friday as signs of larger global supplies sparked long liquidation in cocoa futures. Bloomberg reported Friday that Nigerian cocoa…
September arabica coffee (KCU26) on Friday closed down -3.20 (-1.16%), and September ICE robusta coffee (RMU26) closed down -35 (-0.96%).Coffee prices settled lower on Friday on forecasts for drier weather in Brazil next week, which should allow for the resumption of the country’s coffee harvest.Do…