In this video, I will cover the recent pullback and recovery in AI and tech stocks, explain whether it makes sense, and outline what I am waiting for before buying more. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Cotton futures are trading with gains of 11 to 20 points across the front months on Monday. Crude oil is up $1.66 per barrel on the session, with the US dollar index $0.137 higher. Weekly CTC data showed managed money adding 1,862 contracts to their net long position in cotton...
Live cattle futures are mixed at midday, with contracts a dime lower to 35 cents higher. USDA reported northern dressed sales at $350-355 and $222-227 live. Southern sales were reported at $228.. Feeder cattle futures are trading with gains of $1.20 to $1.80 across most contracts on Monday. The CME...
Corn futures are showing 4 to 7 cent losses so far on Monday, as the post-USDA repot weakness continues. The CmdtyView national average Cash Corn price is 7 lower cents at $4.28 1/2. USDA’s Export Inspections report tallied corn export shipments at just 672,475 MT (26.47 mbu) during the week...
Lean hog futures are trading with contracts 17 to 32 cents lower on Monday. USDA’s national base hog price was reported at $71.99 on Monday morning, up $1.64 from the day prior. The CME Lean Hog Index was down another $1.64 on October 15 at $74.19. Managed money was adding...
The wheat complex is showing weakness persisting on Monday, with losses across the three exchanges. Chicago SRW contracts are 4 to 5 cents in the red at midday. KC HRW futures are down 4 to 5 cents on Monday. MPLS spring wheat are 5 to 6 cents lower at the...
Soybeans are trading with contracts 8 to 10 cents lower across most contracts at midday. The cmdtyView national average Cash Bean price is down 10 cents at $11.92 3/4. Soymeal futures are down $3.60 to $4.60, as Soy Oil futures are down 60 to 64 points. USDA confirmed another round...
Live cattle futures caught some strength on Friday, with contracts up $1.10 to $1.65 at the close. December was up $1.30 on the week. Open interest was down 3,119 contracts on Friday, suggesting some short covering. USDA reported northern dressed sales at $350-355 and $222-227 live. Southern sales were reported...
Wheat is showing steady to slightly higher trade so far on Monday. The wheat complex headed into the weekend holding onto the weakness on Friday. Chicago SRW contracts fell lower on Friday, with contracts down 1 ½ to 9 ½ cents on the day and December losing 10 ½ cents...
Lean hog futures found some strength to close the week, with contracts up 27 cents to $1.25 on Friday. December was still down 90 cents for the week. Open interest dropped 2,664 contracts on Friday. USDA’s national base hog price was reported at $67.09 on Friday afternoon down $4.61 from...
December arabica coffee (KCZ26 ) is up +11.55 (+3.78%) today, and November ICE robusta coffee (RMX26 ) is up +64 (+1.87%). Coffee prices are moving sharply higher today, with arabica posting a 6-week high. Concerns that an El Niño weather pattern could hurt Brazil's and Vietnam’s coffee crops next year...
March NY world sugar #11 (SBH27 ) is down -0.24 (-1.15%) today, and December London ICE white sugar #5 (SWZ26 ) is down -6.30 (-1.14%). Sugar prices are moving lower today after the Indian government ordered state-owned fuel retailers to stop procuring ethanol from sugar as of November 1, which...
(RTTNews) - The Canadian market is down in negative territory Monday afternoon amid concerns about possible monetary tightening by the Canadian central bank after data showed an acceleration in the nation's consumer price inflation in the month of September.
December ICE NY cocoa (CCZ26 ) is up +60 (+1.065%) today, and December ICE London cocoa #7 (CAZ26 ) is up +29 (+0.69%). Cocoa prices are moving higher today amid signs of smaller cocoa supplies from the Ivory Coast after Ivory Coast government data showed farmers delivered 78,212 MT of...
Wheat is showing steady to slightly higher trade so far on Monday. The wheat complex headed into the weekend holding onto the weakness on Friday. Chicago SRW contracts fell lower on Friday, with contracts down 1 ½ to 9 ½ cents on the day and December losing 10 ½ cents...