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Coffee Prices Climb on El Niño Weather Concerns

4 days 3 hours ago
December arabica coffee (KCZ26 ) is up +6.60 (+2.24%) today, and November ICE robusta coffee (RMX26 ) is up +12 (+0.36%). Coffee prices are moving higher today, with arabica posting a 5-week high. Concerns that an El Niño weather pattern could hurt Brazil's and Vietnam’s coffee crops next year are...
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Cocoa Prices Retreat as North American Cocoa Demand Unexpectedly Falters

4 days 3 hours ago
December ICE NY cocoa (CCZ26 ) is down -162 (-2.78%) today, and December ICE London cocoa #7 (CAZ26 ) is down -122 (-2.80%). Cocoa prices are retreating today on weaker-than-expected Q3 North American cocoa demand. The National Confectioners Association reported late Thursday that Q3 North American cocoa grindings unexpectedly fell...
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Sugar Prices Sink on Forecasts for Drier Weather in Brazil

4 days 3 hours ago
March NY world sugar #11 (SBH27 ) is down -0.41 (-1.94%) today, and December London ICE white sugar #5 (SWZ26 ) is down -7.20 (-1.28%). Sugar prices are falling today as forecasts for hot, dry weather next week in Brazil’s Center-South region, the country’s largest sugar-producing area, sparked long liquidation...
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Losses in Soybeans Extending to Friday Morning

4 days 3 hours ago
Soybeans are showing extended weakness on Friday morning, with losses of 4 to 6 cents. Futures fell further into the close on Thursday, down 10 to 14 ¼ cents as futures faded Chinese purchases and sell a bearish NOPA report. Open interest was up 3,241 contracts on Thursday, with November...
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Cattle Look to Friday Following Thursday Rally

4 days 3 hours ago
Live cattle futures were up $1.57 to $2.12 higher across the board on Thursday. There still have been no deliveries against October live cattle. Open interest was down 630 contracts on Thursday. USDA reported a few dressed northern sales at $345-355 in the north. The Thursday Fed Cattle Exchange online...
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Weakness in the Corn Market Continues on Friday Trade

4 days 3 hours ago
Corn prices are down 1 to 2 cents as futures round out the week of trade. Futures faced late pressure on Thursday, with contracts closing down 1 to 4 cents at the closing bell. Open interest was down 5,434 contracts on Thursday, heavily in the December contract. The CmdtyView national...
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Stock Indexes Mostly Lower as Chipmaker Weakness Persists

4 days 3 hours ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.06% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.96%. December E-mini S&P futures (ESZ26 ) are down -0.10%, and December E-mini...
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Cattle Rally on Thursday

4 days 3 hours ago
Live cattle futures were up $1.57 to $2.12 higher across the board on Thursday. There still have been no deliveries against October live cattle. USDA reported a few dressed northern sales at $345-355 in the north. The Thursday Fed Cattle Exchange online auction showed $224-226 bids on 898 of the...
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Hogs Get a Bounce on Thursday, as Traders Look to Round Out the Week

4 days 3 hours ago
Lean hog futures found some strength, despite continued pork weakness, with contracts up 35 to 60 cents at the close. Open interest was up 2,643 contracts on Thursday. USDA’s national base hog price was reported at $71.70 on Thursday afternoon, up $2.56 from the day prior. The CME Lean Hog...
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Cotton Popping Higher on Friday Morning

4 days 3 hours ago
Cotton price action is up 22 to 36 points so far on Friday morning. Futures were under pressure late, despite supportive outside markets, as contracts were down 24 to 60 points. Crude oil was up $2.46 per barrel on the session, with the US dollar index $0.562 lower. The Seam...
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Wheat Weakness Extending on Friday

4 days 3 hours ago
Wheat is falling across the three exchanges on Friday morning. The wheat complex faded some early Thursday gains, to close the session with losses. Chicago SRW contracts were 1 ¾ to 4 ¾ cents lower across most contracts on Thursday. Open interest was down 8,327 contracts. KC HRW futures slipped...
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Energy Could Cost Trump the Midterms

4 days 3 hours ago
Trump pledged to slash energy costs by half during his first year back; a ridiculous objective made more so by his own actions. Bloomberg Opinion columnist Liam Denning explains how soaring fuel prices pose a big hurdle for the GOP in the upcoming midterms. (Source: Bloomberg)

A distant supercluster of galaxies points to self-interacting dark matter

4 days 3 hours ago
Seven billion light-years from Earth, there is an unexpected cluster of galaxies. It has two regions in the process of colliding with each other with a combined mass of more than two quadrillion solar masses. Given its mass, the distant cluster has been nicknamed El Gordo, the Fat One. What makes it unusual is that it's extraordinarily large for that period of the universe. How did such a large supercluster form so early?