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Cotton Rallying on Wednesday Morning

3 days 11 hours ago
Cotton price action is up 48 to 112 points across the front months on Wednesday. Futures closed the session with contracts down 50 to 69 points across the board on Tuesday. Crude oil was up 30 cents per barrel on the session, with the US dollar index $0.111 higher. USDA’s...

Hogs Post Mixed Trade on Tuesday

3 days 11 hours ago
Lean hog futures were mixed at the close, with contracts down 27 cents to $1.32, with December the lone contract seeing strength, up 42 cents. Open interest was down 228 contracts. USDA’s national base hog price was reported at $45.39 in the Tuesday afternoon report, down $4.62 from the day...

Cattle Look to Midweek Trade Following Tuesday Weakness

3 days 11 hours ago
Live cattle futures posted losses of $1.55 to $2.67 across the board on Tuesday. Open interest was up just 956 contracts on Tuesday. Cash trade has been quiet to start the week, with USDA reporting light early at $340 dressed in the north and $215 live. Feeder cattle futures were...

Soybeans Facing Weakness on Wednesday Morning Following Elections

3 days 11 hours ago
Soybeans are trading with contracts down 3 to 9 cents so far on Wednesday morning following the Tuesday US elections that saw Democrats take control of the House and Senate. Futures closed the Tuesday session with contracts down 1 ¾ to 9 ¼ cents across the board, as traders were...

Wheat Holding on the Higher Side on Wednesday Morning

3 days 11 hours ago
Wheat is trading with fractional to 2 cent gains on Wednesday morning across the three markets. The wheat complex was lower on the Tuesday session, led by the HRW contracts. Chicago SRW contracts saw Tuesday losses of 6 ¼ to 8 ¾ cents across the board. Open interest was up...

Cotton Rallying on Wednesday Morning

3 days 11 hours ago
Cotton price action is up 48 to 112 points across the front months on Wednesday. Futures closed the session with contracts down 50 to 69 points across the board on Tuesday. Crude oil was up 30 cents per barrel on the session, with the US dollar index $0.111 higher. USDA’s...

Hogs Post Mixed Trade on Tuesday

3 days 11 hours ago
Lean hog futures were mixed at the close, with contracts down 27 cents to $1.32, with December the lone contract seeing strength, up 42 cents. Open interest was down 228 contracts. USDA’s national base hog price was reported at $45.39 in the Tuesday afternoon report, down $4.62 from the day...

Cattle Look to Midweek Trade Following Tuesday Weakness

3 days 11 hours ago
Live cattle futures posted losses of $1.55 to $2.67 across the board on Tuesday. Open interest was up just 956 contracts on Tuesday. Cash trade has been quiet to start the week, with USDA reporting light early at $340 dressed in the north and $215 live. Feeder cattle futures were...

Mike Johnson says he will not pursue House minority leader role – reports

3 days 11 hours ago

Reported move from Republican speaker of House comes in light of party’s disastrous midterms defeat

Mike Johnson, the Republican speaker of the House, has said he is not planning to pursue the role of minority leader once his party loses its majority in the chamber, according to multiple reports.

Coming in light of Republicans’ disastrous midterm defeat, Johnson’s decision effectively yields the position of highest-ranking Republican in the House to whichever member of his party can claim it.

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What’s next for US energy policy after the midterm elections?

3 days 11 hours ago
I’ve been locked in to my various screens since results from midterm elections started to roll in last night. And it didn’t take long to see the beginning of the blue wave: Democrats took control of both the US House of Representatives and the Senate, a dramatic swing from Donald Trump’s victory two years ago.  …

Wednesday's ETF Movers: GDX, AIPO

3 days 11 hours ago
In trading on Wednesday, the VanEck Gold Miners ETF is outperforming other ETFs, up about 7.6% on the day. Components of that ETF showing particular strength include shares of Aura Minerals, up about 10.6% and shares of Hecla Mining, up about 10.4% on the day. And underperform