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El Niño Weather Risks Support Sugar Prices

1 week 6 days ago
March NY world sugar #11 (SBH27 ) is up +0.06 (+0.30%) today, and December London ICE white sugar #5 (SWZ26 ) is up +3.20 (+0.59%). Sugar prices are moving higher today, supported by concern that the super El Niño weather pattern will disrupt global sugar production. Japan’s Meteorological Agency said...

Corn Pulls off Limit Losses, Still Feels Pressure Yield Hike

1 week 6 days ago
Corn futures were caught off-guard by a surprise hike to corn yield on Friday, as contracts closed with losses of 19 to 21 cents in the front months. December pulled nearly a dime off the limit losses, but still saw a weekly loss of 18 cents. Deferred contracts were down...

Soybeans Fading Lower as USDA Raises Production and Stocks

1 week 6 days ago
Soybeans are falling 12 to 13 cents across the front months on Friday, with spillover pressure from corn and wheat. The cmdtyView national average Cash Bean price is down 13 1/4 cents at $12.30. Soymeal futures are down $3.90, with Soy Oil futures 25 points lower. The harvest window is...

Cotton Back to Mixed Midday Trade, as USDA Hikes Production

1 week 6 days ago
Cotton futures are trading mixed on Friday, with contracts up 8 points to down 3 across the front months. Crude oil is steady, down just 3 cents per barrel on the session, with the US dollar index $0.180 higher. The NASS Cotton Ginnings report from Friday showed a 487,900 RB...

Cattle Rallying to Close Out the Week

1 week 6 days ago
Live cattle futures are up $2.62 to $2.97 across the front months on Friday. Cash trade has yet to get kicked off this week, with a few $218 sales reported in the north reported by the USDA. The Friday morning Fed Cattle Exchange online auction showed no sales on the...

Hogs Extending Weakness to the Weekend

1 week 6 days ago
Lean hog futures are extending their slide, with contracts down another 65 to 82 cents at midday. USDA’s national base hog price was at $74.46 in the Friday morning report, back up $1.92 from the day prior. The CME Lean Hog Index was down another 50 cents on October 7...

Wheat Falling as USDA Raises Stocks

1 week 6 days ago
The wheat complex is trading with losses across the three exchanges, following a bearish USDA report that saw a stocks hike. Chicago SRW contracts are own 20 to 21 cents so far on Friday. KC HRW futures are trading with losses of 20 to 22 cents at midday. MPLS spring...

Corn Nearing Limit Losses as USDA Hikes Yield

1 week 6 days ago
Corn futures were caught off-guard by a surprise hike to corn yield on Friday, as contracts are trading with 26 to 28 ¼ cents at midday, nearing the 30 cent limit. The CmdtyView national average Cash Corn price is down 28 ¼ cents at $4.34 1/2. Crop Production data from...

Corn Nearing Limit Losses as USDA Hikes Yield

1 week 6 days ago
Corn futures were caught off-guard by a surprise hike to corn yield on Friday, as contracts are trading with 26 to 28 ¼ cents at midday, nearing the 30 cent limit. The CmdtyView national average Cash Corn price is down 28 ¼ cents at $4.34 1/2. Crop Production data from...

Wheat Falling as USDA Raises Stocks

1 week 6 days ago
The wheat complex is trading with losses across the three exchanges, following a bearish USDA report that saw a stocks hike. Chicago SRW contracts are own 20 to 21 cents so far on Friday. KC HRW futures are trading with losses of 20 to 22 cents at midday. MPLS spring...

Wheat Falling as USDA Raises Stocks

1 week 6 days ago
The wheat complex is trading with losses across the three exchanges, following a bearish USDA report that saw a stocks hike. Chicago SRW contracts are own 20 to 21 cents so far on Friday. KC HRW futures are trading with losses of 20 to 22 cents at midday. MPLS spring...

Corn Nearing Limit Losses as USDA Hikes Yield

1 week 6 days ago
Corn futures were caught off-guard by a surprise hike to corn yield on Friday, as contracts are trading with 26 to 28 ¼ cents at midday, nearing the 30 cent limit. The CmdtyView national average Cash Corn price is down 28 ¼ cents at $4.34 1/2. Crop Production data from...

Wheat Falling as USDA Raises Stocks

1 week 6 days ago
The wheat complex is trading with losses across the three exchanges, following a bearish USDA report that saw a stocks hike. Chicago SRW contracts are own 20 to 21 cents so far on Friday. KC HRW futures are trading with losses of 20 to 22 cents at midday. MPLS spring...

Dollar Strengthens with T-Note Yields

1 week 6 days ago
The dollar index (DXY00 ) rose by +0.07% on Friday. The dollar found support Friday from higher T-note yields, which strengthened the dollar’s interest rate differentials. Dollar gains were limited, however, after the University of Michigan US Oct consumer sentiment index fell more than expected to a 5-month low. Also,...

Nat-Gas Prices Rise as Hurricane Isaias Curbs US Nat-Gas Production

1 week 6 days ago
November Nymex natural gas (NGX26 ) on Friday closed up +0.052 (+1.64%). Nat-gas prices settled higher on Friday as Hurricane Isaias approached, prompting closure of nat-gas rigs in the Gulf and a reduction in US gas production. US (lower-48) dry gas production on Friday fell to 109.3 bcf/day, the lowest...
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