How High Can Cocoa Rise?
Barchart18 minutes ago
The sky has been the limit for cocoa prices in 2024. Crop devastation has led to the highest price in history. Chocoholics worldwide are paying a pretty penny for their chocolate confectionery fix, and chocolate manufacturers are seeing their cost of goods sold skyrocket.
United Airlines Unusually Active Options Are a Thing of Beauty If Income Is Your Game
Barchart18 minutes ago
United Airlines had two unusually active options in Wednesday’s top 10 and five in the top 100. Strong earnings contributed to the activity. If you’re an income investor, there’s plenty to choose from.
Cattle Mixed but Mostly Higher on Thursday
Barchart23 minutes ago
Live cattle futures are mixed at midday, with the front months down 12 to 25 cents and other contracts 7 to 62 cents higher. Cash action has been quiet so far this week. The Central Stockyards Fed Cattle Exchange saw no sales on the 1,376 head listed this morning, with...
Hogs Feeling Heavy on Thursday
Barchart23 minutes ago
Hogs are trading 40 cents to $1 lower across most contracts on Thursday’s session. USDA’s National Average Base Hog negotiated price was $2.04 at $90.49 in the Thursday morning report. The CME Lean Hog Index was another 38 cents higher at $91.36 on April 16. Pork export sales during the...
Hogs Feeling Heavy on Thursday
Barchart23 minutes ago
Hogs are trading 40 cents to $1 lower across most contracts on Thursday’s session. USDA’s National Average Base Hog negotiated price was $2.04 at $90.49 in the Thursday morning report. The CME Lean Hog Index was another 38 cents higher at $91.36 on April 16. Pork export sales during the...
Cotton Continue Collapse at Midday
Barchart23 minutes ago
The cotton market is down 59 to 168 points across most contracts on Thursday. The death spiral liquidation continues for May, as longs get out before deliveries, with rest of the contracts following along. The US dollar index is up 141 points at midday, with crude oil back up 141...
Cotton Continue Collapse at Midday
Barchart23 minutes ago
The cotton market is down 59 to 168 points across most contracts on Thursday. The death spiral liquidation continues for May, as longs get out before deliveries, with rest of the contracts following along. The US dollar index is up 141 points at midday, with crude oil back up 141...
Soybeans Pushing Lower at Midday
Barchart23 minutes ago
Soybeans are trading in the red on Thursday, posting new daily lows at midday, with losses of 9 to as much as 13 cents. Soymeal is slipping lower, with May down 50 cents and July $2.0/ton lower. Soy Oil is down 50 to 51 points in the nearbys. Export Sales...
Wheat Rebounding Higher on Thursday
Barchart23 minutes ago
The wheat markets are trying to recover from the Wednesday weakness, as futures try to push higher at midday. Chicago is running low on fuel, with gains limited to just 1 to 3 cents. Kansas City is up 5 to 7 ¼ cents. MPLS is leading the way with 5...
Corn Weaker Following Export Sales Data
Barchart23 minutes ago
Corn futures are pushing lower at midday despite an initial surge higher at the 8:30 am CDT morning open. They are currently down 2 to 4 cents across most front months on Thursday. USDA’s Export Sales report showed a 54% uptick in sales during the week that ended on April...
Corn Weaker Following Export Sales Data
Barchart23 minutes ago
Corn futures are pushing lower at midday despite an initial surge higher at the 8:30 am CDT morning open. They are currently down 2 to 4 cents across most front months on Thursday. USDA’s Export Sales report showed a 54% uptick in sales during the week that ended on April...
Wheat Rebounding Higher on Thursday
Barchart23 minutes ago
The wheat markets are trying to recover from the Wednesday weakness, as futures try to push higher at midday. Chicago is running low on fuel, with gains limited to just 1 to 3 cents. Kansas City is up 5 to 7 ¼ cents. MPLS is leading the way with 5...
Heavy rains in parts of NW MO might cause replant
Brownfield Ag News26 minutes ago
An agronomist in northwest Missouri says the widespread rains over the past few days might cause stand issues for the recently planted corn and soybeans. Erin Marlow with CropLife Consulting says the rainfall has been variable. “We’ve had reports anywhere from a half inch to 2.5 inches before this bit...