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El Niño Weather Risks Support Sugar Prices

2 weeks 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...

Cattle Rallying to Close Out the Week

2 weeks 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...

Soybeans Fading Lower as USDA Raises Production and Stocks

2 weeks 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...

Hogs Extending Weakness to the Weekend

2 weeks 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...

Arabica Coffee Falls on Robust Brazil Exports

2 weeks ago
December arabica coffee (KCZ26 ) closed down -2.10 (-0.73%) on Friday, and November ICE robusta coffee (RMX26 ) closed up +47 (+1.37%). Coffee prices settled mixed on Friday. Arabica was under pressure on Friday amid signs of larger coffee supplies from Brazil. On Tuesday, Brazil’s Trade Ministry reported that Brazil’s...

Cotton Back to Mixed Midday Trade, as USDA Hikes Production

2 weeks 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...

Earnings Optimism Lifts Stocks

2 weeks ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. December E-mini S&P futures (ESZ26 ) are up +0.41%, and December E-mini...

Stocks Settle Higher on Earnings Optimism

2 weeks ago
The S&P 500 Index ($SPX ) (SPY ) closed up by +0.59% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.51%. December E-mini S&P futures (ESZ26 ) rose +0.59%, and December E-mini...

Stocks Push Higher as Crude Oil Prices Ease

2 weeks ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.26% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.31%. December E-mini S&P futures (ESZ26 ) are up +0.20%, and December E-mini...

Wheat Falling as USDA Raises Stocks

2 weeks 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...

Earnings Optimism Lifts Stocks

2 weeks ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. December E-mini S&P futures (ESZ26 ) are up +0.41%, and December E-mini...

Arabica Coffee Falls on Robust Brazil Exports

2 weeks ago
December arabica coffee (KCZ26 ) closed down -2.10 (-0.73%) on Friday, and November ICE robusta coffee (RMX26 ) closed up +47 (+1.37%). Coffee prices settled mixed on Friday. Arabica was under pressure on Friday amid signs of larger coffee supplies from Brazil. On Tuesday, Brazil’s Trade Ministry reported that Brazil’s...

Hormuz Attacks and Hurricane Isaias Underpin Crude Prices

2 weeks ago
November WTI crude oil (CLX26 ) closed up +0.36 (+0.39%) on Friday, and November RBOB gasoline (RBX26 ) closed down -0.208 (-0.63%). Crude oil and gasoline prices settled mixed on Friday. Crude prices shook off early losses and moved higher Friday on concerns about disruptions to Middle East energy supplies...

Dollar Strengthens with T-Note Yields

2 weeks 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,...
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