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Hogs Showing a Modest Thursday Bounce

3 weeks 2 days ago
Lean hog futures are showing 20 to 30 cent gains at midday. USDA’s national base hog price was reported at $71.66 on Thursday morning afternoon, up $2.61 from the day prior. The CME Lean Hog Index was down another 19 cents on October 12 at $75.75. USDA’s pork carcass cutout...

Stocks Pressured as Chipmaker Selloff Deepens

3 weeks 2 days 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...

Improving Global Cocoa Demand Boosts Prices

3 weeks 2 days ago
December ICE NY cocoa (CCZ26 ) is up +73 (+1.27%) today, and December ICE London cocoa #7 (CAZ26 ) is up +21 (+0.49%). Cocoa prices are moving higher today on signs of stronger global demand. The Cocoa Association of Asia reported today that Q3 Asian cocoa grindings rose by a...

Beneficial Growing Conditions in Brazil and Vietnam Weigh on Coffee Prices

3 weeks 2 days ago
December arabica coffee (KCZ26 ) is down -3.05 (-1.02%) today, and November ICE robusta coffee (RMX26 ) is down -67 (-1.92%). Coffee prices are retreating today, with robusta falling to a 2-week low. Beneficial growing conditions in Brazil and Vietnam are negative for coffee prices. Above-normal rainfall in Brazil during...

Wheat Fading Early Gains for Midday Weakness

3 weeks 2 days 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...

Thursday 10/15 Insider Buying Report: VMO, FINS

3 weeks 2 days ago
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we

Hogs Showing a Modest Thursday Bounce

3 weeks 2 days ago
Lean hog futures are showing 20 to 30 cent gains at midday. USDA’s national base hog price was reported at $71.66 on Thursday morning afternoon, up $2.61 from the day prior. The CME Lean Hog Index was down another 19 cents on October 12 at $75.75. USDA’s pork carcass cutout...

Soybean Weakness Continuing on Thursday

3 weeks 2 days ago
Soybeans are trading with contracts down 5 to 6 cents in the nearbys. Futures faded the early/overnight gains and Chinese business on Wednesday, with contracts down 6 ½ to 8 ¾ cents at the close. Open interest was down 5,941 contracts on Wednesday, with most rolling out of November, down...
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