Home / Markets

Markets

Markets

Wheat Falling Lower on Wednesday

The wheat complex is trading with losses across the three exchanges at midday. Chicago SRW is slipping 9 to 10 cents on Wednesday. KC HRW futures are leading the drive to the downside, with contracts 11 to 12 cents lowe…

Markets

Stocks Retreat as Bond Yields Climb on Fed Rate Hike Fears

The S&P 500 Index ($SPX) (SPY) is down by -0.48% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.33%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.73%. December E-mini S&P futures (ESZ26) are do…

Markets

Cotton Holding Steady at Midweek

Cotton futures are showing steadier trade on Wednesday, with contracts steady to 5 points higher and thinly traded October up 63 points. Crude oil is up $1.05 per barrel on the session, with the US dollar index $0.516 h…

Markets

Soybeans Correcting Lower Ahead of Trump/Xi Meeting

Soybeans are trading with losses as traders square up ahead of the US/China meeting this week. Contracts are down 10 to 12 ¼ cents. The cmdtyView national average Cash Bean price is down 11 3/4 cents at $12.54. Soymeal …

Markets

US Stocks Face Rate Pressure as Hot PMI Revives Fed Hike Risk

The US 10-year Treasury yield jumped above 5% on Wednesday after a stronger-than-expected September business activity report pushed markets to reassess the outlook for Federal Reserve interest rates. With US growth acce…

Markets

Cotton Slipping to Start Wednesday Trade

Cotton is showing 40 to 50 point gains on Wednesday morning. Futures closed out the Tuesday session with contracts down 16 to 55 points across the board. Crude oil was down 57 cents per barrel on the session, with the U…

Markets

Hogs Look to Midweek Trade Following Tuesday’s Rally

Lean hog futures were 32 cents to $1.20 higher across the board on Tuesday. Open interest was down 3,564 contracts on Tuesday. USDA’s national base hog price was $79.90 in the Tuesday PM report, down 45 cents from the d…

Markets

Never Have Stocks Owed So Much to So Few

In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person …