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Hogs Holding Steady on Tuesday

Lean hog futures are trading with contracts up a dime to down a nickel in the front months on Tuesday’s midday. USDA’s national base hog price was reported at $89.64 on Tuesday morning, up 99 cents from the day prior. T…

Markets

Australia Q2 GDP beats forecast, but growth remains subdued

Next week's highlights include: China Politburo Meeting (TBC), Fed Policy Announcement (Wed), BoC Minutes (Wed), Australian CPI (Wed), BoE Policy Announcement (Thu), EZ GDP (Thu), US PCE (Thu), US GDP Advance (Thu), BoJ…

Markets

Cotton Falls Back Lower on Turnaround Tuesday

Cotton posted Turnaround Tuesday losses of 115 to 169 points at the Tuesday close. Crude oil was $4.92 per barrel higher on the day, with the US dollar index up $0.235.

Markets

Corn Rally Extends to Tuesday

Corn futures posted gains of 6 to 8 ¾ cents across most contracts on Tuesday, extending to new highs. There were another 187 deliveries issued against September corn overnight. The CmdtyView national average Cash Corn p…

Markets

Crude Prices Surge on Escalation of US-Iran Hostilities

October WTI crude oil (CLV26 ) closed up +4.46 (+5.20%) on Tuesday, and October RBOB gasoline (RBV26 ) closed up +0.0581 (+1.89%). Crude oil and gasoline prices surged on Tuesday, with crude oil posting a 6-week high. C…

Markets

Bigger Supplies from the Ivory Coast Knock Cocoa Prices Lower

Cocoa prices are retreating today, with London cocoa falling from an 11-month high. Cocoa prices came under pressure today on bigger supplies from the Ivory Coast. Cumulative data from the Ivory Coast, the world’s large…

Markets

Soybeans Rallying Early on Tuesday Following EPA News

Soybeans are showing 9 to 10 cents gains across most front months. Futures saw strength to close out Monday trade, with contracts steady to 7 cents higher, led by the deferreds. September was down a penny. Open interest…