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Corn Bears Fighting Back with Thursday Midday Weakness

1 week ago
Corn futures are reverting to weaker trade on Thursday following the midweek bounce, as contracts are down 1 to 3 cents. The CmdtyView national average Cash Corn price is up 1 1/4 cents at $4.23. The average close for November futures has been $4.84, as the harvest price crop insurance...

Crude Oil Prices Rise on Saudi Tensions

1 week ago
December WTI crude oil (CLZ26 ) is up +1.22 (+1.26%), and December RBOB gasoline (RBZ26 ) is up +0.0223 (+0.73%). Crude oil prices are higher today due to tensions in Saudi Arabia, where the Houthi militia in the past two days has launched additional attacks against Saudi infrastructure targets like...

Cocoa Prices Fall Sharply on Rising ICE Inventories

1 week ago
December ICE NY cocoa (CCZ26 ) is down -243 (-4.16%), and December ICE London cocoa #7 (CAZ26 ) is down -164 (-3.78%). Cocoa prices are sharply lower today on rising ICE cocoa inventories and technical selling as NY cocoa fell to a new 2-week low. ICE cocoa inventories have steadily...

Dollar Moves Higher on Safe-Haven Demand

1 week ago
The dollar index (DXY00 ) is up +0.06% on some safe-haven demand tied to today’s sharp sell-off in tech stocks and Middle East tensions. The safe-haven demand has outweighed the bearish factor of today’s -8 bp decline in the US 10-year T-note yield. Also on the bearish side for the...

Crude Oil Prices Rise on Saudi Tensions

1 week ago
December WTI crude oil (CLZ26 ) is up +1.22 (+1.26%), and December RBOB gasoline (RBZ26 ) is up +0.0223 (+0.73%). Crude oil prices are higher today due to tensions in Saudi Arabia, where the Houthi militia in the past two days has launched additional attacks against Saudi infrastructure targets like...
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