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Soybeans Pushing Higher Ahead USDA Reports

1 month ago
Soybeans are starting Friday trade with 5 to 6 cent gains. Futures posted Thursday losses of 6 ¼ to 10 ¼ cents across the board at the close. Open interest suggested longs were backing off on Thursday, down 33,273 contracts. The cmdtyView national average Cash Bean price was down 10...

Hogs Look to Friday as Pork Price as Grind Lower

1 month ago
Lean hog futures posted losses of 5 cents to $1.10 at the Thursday close. Open interest was down 603 contracts on Thursday. USDA’s national base hog price was at $72.51 in the Thursday PM report, back up 7 cents from the day prior. The CME Lean Hog Index was down...

Cotton Rallying Ahead of USDA Reports

1 month ago
Cotton prices are up 133 to 159 points on Friday morning. Futures were mixed across the board on Thursday, with front months down 7 to 9 points and deferreds up 6 to 12 points. October expired on Thursday. Crude oil was up $2.90 per barrel on the session, with the...

Wheat Slipping Back on Friday Morning

1 month ago
Wheat is posting fractional to 2 cent losses early on Friday morning. The wheat complex posted losses across the three exchanges on Thursday, fading off early gains. Chicago SRW contracts were down 3 1/4 to 5 1/4 cents across board. Open interest was down 291 contracts on Thursday. KC HRW...

Corn Starting USDA Report Day with Steady Trade

1 month ago
Corn prices are holding steady early on Friday, morning, as traders square up ahead of the monthly USDA report. Futures saw a pullback on Thursday, with contracts down ¼ to 2 cents across the board at the close. Open interest was up 8,017 contracts on Thursday, mainly in the March...

5 CEFs Paying up to 25%, Discounts Up to 44%

1 month ago
Is there anything better than a closed-end fund (CEF) paying 7% or more in dividends? I'll tell you what: it's when that fund is discounted by 10% or more with respect to the fair value of its portfolio. This is a feature, a fantastic one, of CEFs: they tend to trade at discount
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