Market News
Sugar Prices Finish Higher on Consolidation After Recent Losses
Barchart12 minutes ago
May NY world sugar #11 (SBK24 ) on Wednesday closed up +0.09 (+0.45%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +3.40 (+0.59%). Sugar prices posted moderate gains on Wednesday as they consolidated recent losses. Short covering has pushed sugar prices higher since last Thursday when Conab...
Cocoa Prices End Sharply Higher as Global Supplies Expected to Remain Tight
Barchart13 minutes ago
May ICE NY cocoa (CCK24 ) on Wednesday closed up +459 (+4.34%), and May ICE London cocoa #7 (CAK24 ) closed up +336 (+3.55%). Cocoa prices Wednesday rallied sharply on the outlook for global cocoa supplies to remain tight in the near term. Recent volatility in cocoa prices has made...
Robusta Coffee Posts a New Record High on Coffee Crop Concerns in Vietnam
Barchart15 minutes ago
July arabica coffee (KCN24 ) on Wednesday closed up +4.05 (+1.83%), and May ICE robusta coffee (RMK24 ) closed up +273 (+6.46%). Coffee prices Wednesday moved higher, with robusta soaring to a new record high. Robusta coffee surged Wednesday on concerns about tight robusta supplies from Vietnam. Arabica coffee rose...
Down 20% From Highs, Should You Buy the Dip in Fortinet Stock?
Barchart23 minutes ago
With Fortinet shares down 19.7% from their 52-week peak, should investors consider buying the dip?
Weather Words: ‘Catatumbo Lightning’ | Weather.com
Weather Channel43 minutes ago
Weather Words: ‘Catatumbo Lightning’ | Weather.com
Ethanol production hits 13-week low
Brownfield Ag News1 hour ago
U.S. ethanol production has declined for three weeks in a row, partially due to seasonal maintenance. The U.S. Energy Information Administration says production last week averaged 954,000 barrels a day, the lowest since mid-January, a decrease of 29,000 on the week and 13,000 on the year. Iowa State University’s Center...
When is it safe to refreeze thawed food?
Brownfield Ag News1 hour ago
Have you ever set out a protein from the freezer with the intention of making a delicious meal, only to lose inspiration and order takeout instead? If you’re wondering if you can refreeze the thawed protein, the short answer is yes. But USDA food safety specialist Meredith Carothers says there...
Midday cash livestock markets
Brownfield Ag News1 hour ago
Direct cash cattle trade activity remains quiet. No bids have surfaced. Asking prices are around $186-plus in parts of the South, while the North has yet to be established. While business could pick up this afternoon, it’s likely the bulk of the week’s business is going to hold out until...
Corn Turns Lower Following Drop to Ethanol Production
Barchart1 hour ago
Corn futures are pulling back in the front months on Wednesday, with losses of 1 to 2 cents. New Crop December is up ½ cent at midday. EIA’s weekly petroleum report tallied ethanol production at 954,000 barrels per day in the week that ended on April 19. That was a...
Soybeans Retreating from Highs at Midday
Barchart1 hour ago
Soybeans prices are showing 3 to 5 cent gains in the nearbys on Wednesday. Soymeal is posting strength to lead the complex higher, up $4.80 to $5.20/ton, with Soy Oil back down 59 to 63 points. USDA did issue a corrected report to the flash sale announcement from last week,...
Wheat Sitting at 2-Month Highs
Barchart1 hour ago
The wheat complex is continuing to rally at midday, nearing the highest prices since February. Kansas City continues to lead the charge, with gains of 13 to 17 cents. Chicago contracts are up 10 to 13 cents on the session. MPLS spring wheat is 5 to 10 ¼ cents higher....
Cattle Posting Midday Losses Amid More BIAV Fallout
Barchart1 hour ago
Live cattle are slipping lower on Wednesday, with midday losses of $1.37 to $2.30. Cash action has been negligible thus far. Last week’s trade was $183-184 live and $292 dressed in the North, steady to down $1 from the previous week. Southern trade was steady, at $182. Feeders are down...
Hogs Mixed on the Midweek Session
Barchart1 hour ago
Lean hogs are mixed on Wednesday, with losses of 30 to 85 cents in the front months and a couple fall contracts 10 to 22 cents higher. USDA’s National Average Base Hog negotiated price was up 29 cents on Wednesday morning, at $91.30. The CME Lean Hog Index was up...
Cotton Leaking Lower with Outside Market Pressure
Barchart1 hour ago
Cotton futures are down 24 to 40 points at midday, with May up 18 on thin trade. The outside market influences are putting pressure on the market at midday, with crude oil down 47 cents/barrel and the UD dollar index up 230 points. ICE certified cotton stocks were up another...
Unusual Call Options Activity in Palantir Technologies Stock Highlights Its Value
Barchart1 hour ago
Today a large volume of out-of-the-money (OTM) call options for Palantir Technologies stock has traded in a near-term expiry period. This highlights the underlying value of this AI and software security company.