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Wheat Fading Early Gains for Midday Weakness

3 weeks 1 day ago
The wheat complex is fading off the early morning gains on Thursday. Chicago SRW contracts are steady to a penny higher so far. KC HRW futures are fractionally in the red at midday. MPLS spring wheat is showing fractional losses on the session. USDA’s Export Sales report will be released...

Stocks Pressured as Chipmaker Selloff Deepens

3 weeks 1 day ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.57% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.71%. December E-mini S&P futures (ESZ26 ) are down -0.58%, and December E-mini...

Smaller-Than-Expected Weekly Storage Build Lifts Nat-Gas Prices

3 weeks 1 day ago
November Nymex natural gas (NGX26 ) on Thursday closed up +0.038 (+1.19%). Nat-gas prices settled higher on Thursday after weekly US nat-gas storage levels rose less than expected. The EIA reported Thursday that nat-gas inventories rose by +67 bcf the week ended October 9, below expectations of +74 bcf and...

Crude Prices Jump as Middle East Hostilities Disrupt Global Supplies

3 weeks 1 day ago
November WTI crude oil (CLX26 ) closed up +2.88 (+3.03%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.793 (-2.43%). Crude oil and gasoline prices settled mixed on Thursday, with crude up sharply at a 3-week high and gasoline falling to a 2-week low. Escalating hostilities in the...

Sugar Prices Climb on Weather Threats to Global Output

3 weeks 1 day ago
March NY world sugar #11 (SBH27 ) closed up +0.29 (+1.39%) on Thursday, and December London ICE white sugar #5 (SWZ26 ) closed up +6.20 (+1.12%). Sugar prices moved higher on Thursday and are just below recent significant highs. Sugar prices have rallied sharply over the past three weeks, with...

Dollar Pressured by Lower T-Note Yields

3 weeks 1 day ago
The dollar index (DXY00 ) fell to a 1-week low on Thursday and finished down by -0.49%. The dollar slid on Thursday on weaker T-note yields after the 10-year T-note yield fell to a 3-week low of 5.035%, narrowing the dollar’s interest-rate differentials. Also, dovish comments from San Francisco Fed...

Stocks Pressured as Chipmaker Selloff Deepens

3 weeks 1 day ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.57% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.71%. December E-mini S&P futures (ESZ26 ) are down -0.58%, and December E-mini...

Coffee Prices Slide on Optimism Over Global Coffee Crops

3 weeks 1 day ago
December arabica coffee (KCZ26 ) closed down -3.25 (-1.09%) on Thursday, and November ICE robusta coffee (RMX26 ) closed down -108 (-3.10%). Coffee prices fell sharply on Thursday, with robusta posting a 2-week low. Beneficial growing conditions in Brazil and Vietnam are negative for coffee prices. Above-normal rainfall in Brazil...

Smaller-Than-Expected Weekly Storage Build Lifts Nat-Gas Prices

3 weeks 1 day ago
November Nymex natural gas (NGX26 ) on Thursday closed up +0.038 (+1.19%). Nat-gas prices settled higher on Thursday after weekly US nat-gas storage levels rose less than expected. The EIA reported Thursday that nat-gas inventories rose by +67 bcf the week ended October 9, below expectations of +74 bcf and...
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