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Wheat Firms with Double Digit Weekend Gains

2 years 7 months ago
Front month wheat futures were double digits higher into the weekend. The session ended with 6 to 10 ¾ cent gains on Friday. KC wheat futures were 13 ¼ to 14 cents higher at the close. MGE spring wheat futures were 8 cents firmer. CFTC’s weekly CoT data had Chicago...

Friday Corn Futures Close Higher

2 years 7 months ago
Corn prices finished in the black after report day Corn futures are near their overnight lows so far on fractionally to 3 ¼ cent losses this morning prepping for the monthly USDA Supply/Demand estimates release at 11 AM CST. The front month corn prices were 7 ½ to 9 ½...

Beans Close Firmer on Friday

2 years 7 months ago
The soybean market finished the session with 13 to 20 cent gains on the day. That left May 32 ¾ cents higher for the week’s move. Soymeal futures finished the session with $7 gains for the day. Soy Oil futures closed with 9 to 12 point losses on the day....

Nat-Gas Prices Fall on Warm Winter Temps and Ample U.S. Nat-Gas Supplies

2 years 7 months ago
April Nymex natural gas (NGJ24 ) on Friday closed -0.013 (-0.72%). Nat-gas prices on Friday posted moderate losses and fell to a 1-1/2 week low. Warm U.S. winter temperatures and ample nat-gas supplies are weighing on nat-gas prices. Maxar Technologies said on Friday that weather forecasts have shifted warmer for...

Pound Sterling Surges Against US Dollar: Can the Rally Continue?

2 years 7 months ago
The bulls have woken the sleeping GBP/USD. Since mid-December 2023, the GBP/USD weekly chart has seen sideways trading activity. The past five trading days have seen a 1.55% increase in value, adding to a year-to-date .94% increase. The question becomes, will the rally continue? As the UK's fiscal first quarter begins in April, a seasonal pattern of higher prices has occurred.

Previewing the 2024 Q1 Earnings Season

2 years 7 months ago
The recent Costco COST and AutoZone AZO quarterly releases kick-started the 2024 Q1 earnings season. We have another four S&P 500 members on deck to report Q1 results this week, including Oracle ORCL on Monday, March 11th, and

Why the Market Dipped But PPL (PPL) Gained Today

2 years 7 months ago
PPL (PPL) ended the recent trading session at $27.18, demonstrating a +1.12% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.65%. On the other hand, the Dow

Dollar Slides and Gold Gains on Soft U.S. Unemployment Report

2 years 7 months ago
The dollar index (DXY00 ) on Friday fell by -0.09% and posted a 7-week low. The dollar on Friday was under pressure after the U.S. Feb unemployment report bolstered expectations for the Fed to begin cutting interest rates by the June FOMC meeting. Friday’s fall in the 10-year T-note yield...
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