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Cotton Futures Closed Higher on Thursday

2 years 8 months ago
The front month cotton market rallied by 160 points in March, ending just 35 points under the session high. That has March back to a 33 point gain for the week. New crop cotton held 6 to 21 points higher for the close. The Cotlook A Index was 230 points...

SRW Held Firm on Thursday Pullback

2 years 8 months ago
Chicago wheat futures finished the day UNHC to 2 cents stronger across the front months. KC HRW futures were 2 to 3 ¼ cents weaker at the close. The March HRW/SRW spread now has Chicago futures at a 9 ¼ cent premium for the settle. The July contract spread was...

Double Digit Drop for Beans

2 years 8 months ago
Front month soybeans fell by 10 ½ to 13 ¼ cents on Thursday, leaving March just a penny off the low for the close. March is still above the $11.45 low from last May. Soymeal futures were 1.4% to 2.1% weaker across the front months. Soy oil futures closed 51...

Hogs Resume Strength on Thursday

2 years 8 months ago
Lean hogs were $0.62 to $1.22 stronger for the close. That has April up by $1.97 for the week, after the strongest prices since March. USDA’s National Average Base Hog price increased by 58 cents to $73.20. The CME Lean Hog Index increased another $1.17 to $77.97 for 2/20. ....

Corn Futures Fell by a Nickel on Thursday

2 years 8 months ago
The front month corn market dropped another 4 to 5 ¾ cents on Thursday. The March contract was 1 ¾ cents off the low for the bell after an 11 ¼ cent range. The Mar/Dec spread widened to 47 ¼ cents at the close. EIA data showed ethanol output increased...

Mixed Thursday for Cattle Futures

2 years 8 months ago
Cattle faded into the NASS data on Thursday, but firmed up for the close. Fats stayed 47 cents to $1.15 weaker for the bell, though April was 30 cents of the session low. Feeders finished in the black on Thursday, after March printed a $3.03 range from as much as...

TPI Composites (TPIC) Beats Q4 Earnings Estimates

2 years 8 months ago
TPI Composites (TPIC) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of a loss of $0.91 per share. This compares to loss of $0.73 per share a year ago. These figures are adjusted for non-

Dollar Slips as the S&P 500 Rallies to a Record High

2 years 8 months ago
The dollar index (DXY00 ) on Thursday fell to a 2-1/2 week low and finished down -0.04%. Thursday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar. Losses in the dollar were limited by signs of strength in the U.S. economy after weekly...

Nat-Gas Prices Tumble on Abundant U.S. Supplies

2 years 8 months ago
March Nymex natural gas (NGH24 ) on Thursday closed -0.041 (-2.31%). Nat-gas prices on Thursday tumbled on abundant EIA nat-gas supplies. The EIA reported Thursday that weekly nat-gas inventories fell -60 bcf, a much smaller draw than the 5-year average for this time of year of -168 bcf, which boosted...

Crude Prices Climb on U.S. Economic Strength

2 years 8 months ago
April WTI crude oil (CLJ24 ) on Thursday closed up +0.70 (+0.90%), and Apr RBOB gasoline (RBJ24 ) closed up +3.67 (+1.45%). Crude oil and gasoline prices on Thursday posted moderate gains. Signs of strength in the U.S. economy supported energy demand and crude prices after Thursday's news showed weekly...
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