Grain Spreads: Beans Hit 50% Retracement
Walsh Trading34 minutes ago
Beans Hit Target and Fail for Now
Will Wheat, Soybean, and Corn Prices Continue to Rally? Or is This Just Short Covering?
Barchart43 minutes ago
I discussed the recent action in the wheat, soybean, and corn markets on AgWeb's Market's Now with Michelle Rook today. We also talked about the cattle markets and gold.
CME milk, cash dairy down again Wednesday
Brownfield Ag News51 minutes ago
Milk futures and cash dairy prices were lower again Wednesday on the Chicago Mercantile Exchange. May Class III milk was down $0.35 at $17.78. June was down $0.31 at $17.91. July was down $0.23 at $18.31. August was down $0.23 at $18.52. September through November contracts ranged from thirteen cents...
Shipping Point Fruit Report - Yakima, WA
USDA51 minutes ago
YAKIMA Shipping Point Prices as of 24-APR-2024 Provided by: Specialty Crops Market News Federal - State Market News Service, USDA. Phone: (602) 557-0410 Fax: (602) Any questions or comments can be sent via email to:...
Crude Oil Volatility with Geopolitical Events
OptionMetrics52 minutes ago
How might geopolitical event affect crude oil and other commodities? Since implied volatility is a measure of future uncertainty and anxiety, it can be used to help to understand the long term effects of geopolitical events on the market, both current, and for months in the future (using the implied volatility forward curve). The shape of the curve, as well how much it has shifted, can then imply how seriously the market might be taking each geopolitical event.
Apple Processing Report - Yakima, WA
USDA54 minutes ago
YAKIMA Shipping Point Prices as of Wednesday, April 24, 2024. Provided by: Specialty Crops Market News, Federal Market News Service, USDA Phone: (602) 557-0410 Email: YakimaSCMNDATA@usda.gov Website:...
Corn Closes Red Following Drop to Ethanol Production
Barchart55 minutes ago
Corn futures extended the front month losses into the close, as contracts through Dec were down 2 to 5 ¼ cents. For 2025 contracts and beyond, trade closed with contracts with in 1 ¾ cents on either side of unchanged. EIA’s weekly petroleum report tallied ethanol production at 954,000 barrels...
Soybeans Falter to Weakness on Wednesday
Barchart55 minutes ago
Soybeans faded the earlier morning strength, as contracts were mixed but well off the highs. Futures closed with contracts anywhere from down 1 ½ to up a penny. Soymeal posted some strength on the day, with contracts 80 cents to $3.70/ton higher. Soy Oil was back down to close with...
Hogs Close Mostly Lower, USDA Shows Slight Build to Pork Stocks
Barchart55 minutes ago
Lean hogs closed the midweek session with contracts a dime to $1.22 lower, as August was the lone exception, up a nickel. USDA’s National Average Base Hog negotiated price was down 36 cents on Wednesday afternoon, at $91.49. The CME Lean Hog Index was up 14 cents on April 22...
Cotton Posts Midweek Losses
Barchart55 minutes ago
Cotton futures were down anywhere from 39 to 187 points on Wednesday. The outside market influences put pressure on the market, with crude oil down 54 cents/barrel and the UD dollar index up 160 points. Export Sales data will be released on Thursday morning. ICE certified cotton stocks were up...