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Weak North American Cocoa Demand Hammers Prices

1 week 3 days ago
December ICE NY cocoa (CCZ26 ) closed down -186 (-3.19%) on Friday, and December ICE London cocoa #7 (CAZ26 ) closed down -141 (-3.23%). Cocoa prices sold off sharply on Friday on news of weaker-than-expected Q3 North American cocoa demand. The National Confectioners Association reported late Thursday that Q3 North...

Soybeans Finding Some Buyers at Midday, Still Facing Weaker

1 week 3 days ago
Soybeans are trying to pull off the early near double digit losses on Friday, with contracts down 1 to 3 cents at midday. The cmdtyView national average Cash Bean price is down 1 ¼ cents at $12.03 1/2. Soymeal futures are down $3.20 to $3.40, with Soy Oil futures up...

Cattle Rallying on Friday, with Cash Firming

1 week 3 days ago
Live cattle futures are rallying as cash trade picks up, with futures up 97 cents to $1.20 at midday. USDA reported a few dressed northern sales at $345-355 in the north. The Friday morning Fed Cattle Exchange online auction showed sales of $228-228.50 on 571 of the 2,596 head offered,...

Dollar Weakens on Reduced Fed Rate Hike Chances This Month

1 week 3 days ago
The dollar index (DXY00 ) tumbled to a 2-week low on Friday and finished down by -0.19%. The dollar came under pressure Friday after Fed Chair Warsh refrained from providing guidance on monetary policy or the economy during a speech at the annual IMF meeting in Bangkok. Mr. Warsh’s lack...

Ardagh Group To Sell 42% Stake In Trivium For Around $90 Mln

1 week 3 days ago
(RTTNews) - Ardagh Group SA, a producer of glass and metal products, announced on Monday that it has inked deal to sell its entire 42% stake in Trivium Packaging BV for around $90 million. This move follows the decision of Ontario Teachers' Pension Plan to sell its majority stake

Stock Indexes Finish Sharply Lower as Tech Stocks Plunge

1 week 3 days ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -1.09% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.50%. December E-mini S&P futures (ESZ26 ) fell -1.14%, and December E-mini...

How Much AI Can You Own and Still Sleep Soundly?

1 week 3 days ago
Waking From the Bullish DreamLast week, the bull market turned four. Since its 2022 low, the S&P 500 has more than doubled. The Philadelphia Semiconductor Index is up nearly 500%, and AI favorites like Nvidia(NASDAQ:NVDA) and Micron Technology(NASDAQ:MU) have each returned mo
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