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Sugar Prices Rise on Report of Reduced Brazilian Sugar Milling

5 days 13 hours ago
March NY world sugar #11 (SBH27 ) closed up +0.14 (+0.73%) on Wednesday, and December London ICE white sugar #5 (SWZ26 ) closed up +6.50 (+1.25%). Sugar prices saw support after S&P Global Energy reported Wednesday that millers in Brazil’s Center-South region produced only 2 MMT of sugar in the...

Dollar Posts 2-week High on Expectations for Hawkish FOMC Commentary

5 days 13 hours ago
The dollar index (DXY00 ) is up +0.09% and posted a new 2-week high. The dollar is seeing support from today’s +2.5 bp rise in the 10-year T-note yield, which supported the dollar’s interest rate differentials. The dollar also has support ahead of this afternoon’s FOMC meeting results, amid expectations...

Coffee Prices Continue to Fall on Concern About Brazilian Real Weakness

5 days 13 hours ago
December arabica coffee (KCZ26 ) is down -8.25 (-2.81%), and November ICE robusta coffee (RMF27 ) is down -3 (-0.09%). Coffee prices continued to fall today on concerns that Brazilian exporters will increase sales after Monday’s -9% plunge in the Brazilian real on President Luiz Inacio Lula da Silva’s surprise...

Hog Losses Continue, as Cash Weakness Persists

5 days 13 hours ago
Lean hog futures are mixed, as midday, as December is down $2.32 and chasing cash lower. February is down 35 cents with some deferreds lower. USDA’s national base hog price was reported at $55.82 in the Wednesday AM report, down $6 from the day prior. The CME Lean Hog Index...

Corn Holding onto Midweek Gains as Ethanol Output Improves

5 days 13 hours ago
Corn futures are fractionally to 3 cents higher across the front months on Wednesday. The CmdtyView national average Cash Corn price is down 3 1/4 cents at $4.14 3/4. The average close for December corn futures in October has been $4.79, as there are just 3 days left for the...

Sugar Prices Rise on Report of Reduced Brazilian Sugar Milling

5 days 13 hours ago
March NY world sugar #11 (SBH27 ) is up +0.16 (+0.83%), and December London ICE white sugar #5 (SWZ26 ) is up +6.40 (+1.23%). Sugar prices saw support today after S&P Global Energy reported that millers in Brazil’s Center-South region produced 2 MMT of sugar in the first half of...

Bullish Two Hundred Day Moving Average Cross - PSI

5 days 13 hours ago
In trading on Wednesday, shares of the Invesco Semiconductors ETF (Symbol: PSI) crossed above their 200 day moving average of $130.11, changing hands as high as $132.10 per share. Invesco Semiconductors shares are currently trading up about 2.1% on the day. The chart below sho

Bullish Two Hundred Day Moving Average Cross - PSI

5 days 13 hours ago
In trading on Wednesday, shares of the Invesco Semiconductors ETF (Symbol: PSI) crossed above their 200 day moving average of $130.11, changing hands as high as $132.10 per share. Invesco Semiconductors shares are currently trading up about 2.1% on the day. The chart below sho

Bullish Two Hundred Day Moving Average Cross - PSI

5 days 13 hours ago
In trading on Wednesday, shares of the Invesco Semiconductors ETF (Symbol: PSI) crossed above their 200 day moving average of $130.11, changing hands as high as $132.10 per share. Invesco Semiconductors shares are currently trading up about 2.1% on the day. The chart below sho

Bullish Two Hundred Day Moving Average Cross - HAL

5 days 13 hours ago
In trading on Wednesday, shares of Halliburton Company (Symbol: HAL) crossed above their 200 day moving average of $35.79, changing hands as high as $36.02 per share. Halliburton Company shares are currently trading up about 0.7% on the day. The chart below shows the one year

Bullish Two Hundred Day Moving Average Cross - HAL

5 days 13 hours ago
In trading on Wednesday, shares of Halliburton Company (Symbol: HAL) crossed above their 200 day moving average of $35.79, changing hands as high as $36.02 per share. Halliburton Company shares are currently trading up about 0.7% on the day. The chart below shows the one year