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Soybeans Extending Weakness on Friday Morning

2 days 18 hours ago
Soybeans are kicking off Friday trade with losses of 6 to 7 cents. Futures bounced off the intraday lows on Thursday, with contracts closing 7 to 9 cents lower in the nearbys and down 1 3/4 to 6 ½ cents in deferreds. Open interest suggested a rotation of ownership, up...
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Hogs Look to Friday Trade

2 days 18 hours ago
Lean hog futures posted mixed trade, with front months down 22 to 50 cents and deferreds steady to 97 cents higher. Open interest was up 4,655 contracts, suggesting new modest selling. USDA’s national base hog price was reported at $76.93 on Thursday, down 79 cents from the day prior. The...
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Hochul and James vow to investigate Cornell sexual assault case

2 days 18 hours ago
New York Gov. Kathy Hochul said during a press conference she believes the former Cornell University student who alleges she was raped by fraternity members in 2024 was “failed by people and institutions with an obligation to protect her.” Hochul confirmed that she has appointed New York Attorney General Letitia James as special prosecutor in the investigation.

Dollar Rallies on US Economic Strength and Soaring Crude Prices

2 days 18 hours ago
The dollar index (DXY00 ) rallied to a nearly 1.5-year high on Thursday, finishing up +0.64%. Soaring T-note yields strengthened the dollar’s interest rate differentials after the 10-year T-note yield rose to a 24-year high of 5.34% on Thursday. Also, signs of strength in the US labor market are hawkish...
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Stocks Rebound as Bond Yields Fall from Multi-Decade Highs

2 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up by +0.19% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.31%. December E-mini S&P futures (ESZ26 ) rose +0.20%, and December E-mini...
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Wheat Starting Friday with Modest Strength

2 days 18 hours ago
Wheat is trading mixed on Friday morning, with contracts in SRW and spring wheat higher and KC fractionally mixed. The wheat complex saw strength late the session to close with gains across the three markets. Chicago SRW was fractionally higher to 7 cents in the green, led by the neatbys....
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Cattle Look to Close the Week as Cash Firms

2 days 18 hours ago
Live cattle futures posted gains of 37 to 67 cents at the close on Thursday. Open interest was up 2,250 contracts, as October (-2,201) was the lone exception ahead of Monday’s first notice day. October options expire today. Cash trade saw some light $348-350 dressed action in the North so...
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Soybeans Extending Weakness on Friday Morning

2 days 18 hours ago
Soybeans are kicking off Friday trade with losses of 6 to 7 cents. Futures bounced off the intraday lows on Thursday, with contracts closing 7 to 9 cents lower in the nearbys and down 1 3/4 to 6 ½ cents in deferreds. Open interest suggested a rotation of ownership, up...
Barchart

Hogs Look to Friday Trade

2 days 18 hours ago
Lean hog futures posted mixed trade, with front months down 22 to 50 cents and deferreds steady to 97 cents higher. Open interest was up 4,655 contracts, suggesting new modest selling. USDA’s national base hog price was reported at $76.93 on Thursday, down 79 cents from the day prior. The...
Barchart

Cotton Falling Early on Friday

2 days 18 hours ago
Cotton price action is down 50 to 60 points so far on Friday morning. Futures posted Thursday losses of 29 to 79 points. Crude oil was back up $2.49 per barrel on the session, with the US dollar index shooting $0.609 higher. USDA’s Export Sales report showed 202,567 RB of...
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Corn Starting Friday with Weakness After Holding Above $5

2 days 18 hours ago
Corn price action is down 3 to 4 cents so far on Friday AM trade. Futures were fighting to stay above $5 for much of the session despite hitting a low of $4.95 in the December contract. Bulls battled back to close with contracts steady to 1 ½ cents higher....
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