What Will Watson Do Wednesday?
Wednesday, August 19,2026,07:38
Another Watson Wednesday for the Commodity Complex with world War drums growing louder in the distance. .. read more..
The Commodities Feed: Oil rises amid US-Iran conflict
Wednesday, August 19,2026,06:00
Energy – Oil inventory draws support prices Oil prices extended gains for a fourth consecutive session on Wednesday as uncertainty over a resolution to the US-Iran conflict continued to support risk premiums. US President Donald Trump reiterated that no talks were underway with Tehran and signalled that additional sanctions could be announced this week. Reports ... .. read more..
BHP rules out selling Queensland coal despite royalty dispute
Wednesday, August 19,2026,06:00
BHP Group has ruled out selling its Queensland metallurgical coal business but will boost investment if the Australian state’s royalty regime is softened, CEO Brandon Craig said during the Aug. 18 results call for fiscal 2025-26 year results. The diversified miner said in August 2025 that it was considering a “pause [to] lower margin areas ... .. read more..
Calm crude, tightening diesel: the real oil market stress is downstream
Wednesday, August 19,2026,05:50
Key Points: Hormuz remains severely impaired : US-Iran negotiations remain deadlocked and tanker traffic through the Strait has slowed again, leaving Middle Eastern exports well below normal despite numerous efforts to reroute supply. Crude prices understate the disruption : Alternative pipelines, strategic stock releases, weak Chinese demand and demand destruction have prevented a much larger crude rally, with Brent holding around USD 90 despite the prolonged disruption. Diesel reveals the real stress: Disruptions to Middle Eastern and Russian refined-product supply have pushed the WTI-ULSD and Brent-gasoil cracks to record levels around USD 103 and USD 77 per barrel respecti... .. read more..
Gold extends losses, falls to nearly Rs 1.54 lakh/10 gm. Time to buy?
Wednesday, August 19,2026,00:53
Gold prices slipped on the MCX but edged higher internationally as easing Treasury yields supported demand. However, rising oil prices and renewed inflation concerns could limit the scope for US rate cuts, weighing on gold. With traders pricing a 35% chance of a September rate hike, experts Christopher Wood and John Paulson see the recent correction as a buying opportunity. .. read more..
Oil Price Today (August 19): Crude oil nears $92/barrel as Trump claims US in...
Tuesday, August 18,2026,23:49
Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and Iran stoked global supply worries. Analysts at Goldman Sachs and JPMorgan warn Brent could spike past $110 if Strait of Hormuz shipping disruptions persist. .. read more..
Gold inches higher, focus on Fed minutes
Tuesday, August 18,2026,21:59
Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players are now looking ahead to the Federal Reserve's meeting minutes for guidance on upcoming policies. Other precious metals displayed mixed trends in the market as key economic data is set to be released throughout the day. .. read more..
Oil edges up on uncertainty over exports through Hormuz
Tuesday, August 18,2026,21:54
Oil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Strait of Hormuz. Iraq approved new export routes to avoid the critical waterway amid the ongoing conflict. Chinese shipping giants stopped using Hormuz and Bab al-Mandeb straits. US crude and distillate inventories fell last week while gasoline stocks rose. .. read more..
Prosper from volatility in the corn market - be long corn for next six months
Tuesday, August 18,2026,20:50
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The corn futures market reached a three-month high as the first day of the Pro Farmer Crop Tour reported middling yields in South Dakota and Ohio. Prior to the tour, U.S.... .. read more..
Hogs Fall Back on Tuesday
Tuesday, August 18,2026,17:30
Lean hog futures rounded out the Tuesday session with contracts down $1 to $1.77 at the close. USDA’s national base hog price was reported at $93.52 on Tuesday afternoon, up 90 cents from the day prior. The CME Lean Hog Index was down 21 cents on August 14 at $95.47.... .. read more..
Cattle Close Tuesday Mostly Higher
Tuesday, August 18,2026,17:30
Live cattle futures closed the Tuesday session with contracts 15 to 90 cents higher on the day. Cash trade has been quiet so far this week, with a few $359 dressed sales creeping in following last week’s $225-228 live and $362-368 dressed action. Feeder cattle futures slipped 75 cents lower... .. read more..
Soybeans Slips off Highs into Tuesday’s Close
Tuesday, August 18,2026,17:30
Soybeans fell from the intraday highs on Tuesday, with contracts closing fractionally to 6 cents higher, as September was down ¼ cent. The cmdtyView national average Cash Bean price was up 1 cent at $11.76. Soymeal futures held firm into the close, with contracts up a dime to $3, as... .. read more..
Cotton Closes Tuesday with Mostly Steady Trade
Tuesday, August 18,2026,17:30
Cotton futures posted mixed trade on the Tuesday session, with contracts down 35 points to as much as 25 points higher at the close. Crude oil was up $0.6477 with the US dollar index $0.011 higher. Crop Progress data from Monday showed condition ratings were pegged at 38% good/excellent, down... .. read more..
Wheat Slips on Tuesday, with Spring Wheat Holding Up
Tuesday, August 18,2026,17:30
The wheat complex was mixed on Tuesday, with the spring wheat market holding up and winter wheats on the weaker side. Chicago SRW contracts was mixed, with front months down 1 to 10 ¼ cents and deferreds fractionally to 2 cents higher. KC HRW futures was the weakest of the... .. read more..
Corn Fades on Tuesday to Close Mixed
Tuesday, August 18,2026,17:30
Corn futures posted mixed trade on Tuesday, with contracts closing as much as 1 ¾ lower to a penny higher across the board. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $4.35 1/2. The ProFarmer Crop Tour started on Monday, with South Dakota corn yields... .. read more..
ArcelorMittal statement regarding missile strike on its Ukraine plant
Tuesday, August 18,2026,17:00
ArcelorMittal can confirm that its Ukraine operation, ArcelorMittal Kryvih Rih, suffered a missile strike over the weekend in which 13 employees of the company and contractors were injured and tragically two employees died: one staff member and one from a contractor organization. Our focus is on the families and loved ones of our colleagues who ... .. read more..
Why is US Sugar 11 Futures stock surging today?
Tuesday, August 18,2026,17:00
US Sugar #11 Futures stock surged 3.1% in mid-day trading to reach 17.4 cents per pound, touching a fresh 52-week high of 17.59 cents, as India’s government signaled it is considering eliminating its 100% sugar import duty to rein in record domestic prices that have surged nearly one-fifth since early August 2026. Wholesale sugar prices ... .. read more..
Gold wavers as rising oil prices fuel lingering inflation worries
Tuesday, August 18,2026,17:00
Gold prices fell on Tuesday as higher U.S. Treasury yields and rising oil prices weighed on bullion, while traders awaited minutes from the Federal Reserve’s July meeting for fresh clues on the interest-rate outlook. At 05:54 ET (09:54 GMT), spot gold had dropped 0.3% to $4,403.37 an ounce, while gold futures had declined 0.3% to ... .. read more..
Corn futures rise as USDA lowers crop condition ratings
Tuesday, August 18,2026,17:00
Corn futures on the Chicago Board of Trade gained 2 to 3 cents per bushel on Tuesday after the U.S. Department of Agriculture reduced its condition ratings for the nation’s corn crops in its weekly report released Monday. The USDA rated 60% of the corn crop in good-to-excellent condition as of Sunday, down 1 percentage ... .. read more..
DEC-JAN SOYBEAN OIL SPREAD (ZLZ26-ZLF27) - WALSH PURE SPREADER
Tuesday, August 18,2026,16:37
WALSH PURE SPREADER - Pure Hedge Division .. read more..
Grain Spreads: Lock in $5.00 Corn
Tuesday, August 18,2026,16:21
Hedge Plan for Producers .. read more..
Pure Hedge - Livestock and Grain
Tuesday, August 18,2026,15:53
Buying Opportunity in the Soybean Oil - Selling Opportunity in the Cattle Markets .. read more..
Wheat Prices Have Risen- How High Can They Go?
Tuesday, August 18,2026,15:00
In July 2026, CBOT soft red winter wheat prices reached the highest level this year and since May 2024. The ongoing war in Ukraine has caused wheat prices to soar as Russia and Ukraine are leading wheat-producing countries. CBOT wheat futures came close to a level in July 2026 that could cause substantial speculative buying. .. read more..
Global Supply Concerns Fuel a Rally in Sugar Prices
Tuesday, August 18,2026,14:25
October NY world sugar #11 (SBV26 ) closed up +0.60 (+3.56%) on Tuesday, and October London ICE white sugar #5 (SWV26 ) closed up +16.50 (+3.15%). Sugar prices extended this month’s sharp rally on Tuesday, with NY sugar posting a 15-month high and London sugar posting a 16-month high. Tuesday’s... .. read more..
Cocoa Prices Fall on Exceptional Growing Conditions in West Africa
Tuesday, August 18,2026,14:24
September ICE NY cocoa (CCU26 ) closed down -139 (-2.30%) on Tuesday, and September ICE London cocoa #7 (CAU26 ) closed down -82 (-1.91%). Cocoa prices settled lower on Tuesday amid reports of exceptional growing conditions in the Ivory Coast and Ghana. The favorable weather has fostered new flowering on... .. read more..
Tighter Coffee Supplies Push Prices Sharply Higher
Tuesday, August 18,2026,14:23
September arabica coffee (KCU26 ) closed up +18.30 (+5.30%) on Tuesday, and September ICE robusta coffee (RMU26 ) closed up +85 (+2.32%). Coffee prices added to Monday’s sharp gains on Tuesday, with arabica surging to a 6.5-month high. The slow pace of Brazil's coffee harvest is limiting coffee supplies and... .. read more..
Live Cattle Weakness Meets a Still-Tight Supply Picture
Tuesday, August 18,2026,13:48
Live cattle futures have weakened, but this is not a story of expanding cattle supplies. Larger near-term feedlot inventories are pressuring prices, while fewer placements and a smaller calf crop point to tighter supplies ahead. #livecattle #futures .. read more..
Hogs Falling Lower on Tuesday
Tuesday, August 18,2026,13:16
Lean hog futures are trading with contracts falling $1.35 to $2.12. USDA’s national base hog price was reported at $94.37 on Tuesday morning, up $2.69 from the day prior. The CME Lean Hog Index was down 21 cents on August 14 at $95.47. USDA’s pork carcass cutout value was back... .. read more..
Cotton Fading Back Lower on Tuesday
Tuesday, August 18,2026,13:16
Cotton futures are down 35 to 40 points across most contracts on Tuesday, with thinly traded October up 88 points. Crude oil is up $0.64, with the US dollar index $0.009 higher. Weekly Crop Progress data showed 74% of the US cotton setting bolls as of Sunday, with 14% of... .. read more..
Cattle Bulls Pushing Higher at Tuesday’s Midday
Tuesday, August 18,2026,13:16
Live cattle futures are trading with contracts up 32 cents to $1.32 at midday. Cash trade has been quiet so far this week following last week’s $225-228 action. Feeder cattle futures are up 32 cents to $2.42 so far. The CME Feeder Cattle Index was back down $4.07 on August... .. read more..
Soybeans Holding onto Tuesday Gains at Midday
Tuesday, August 18,2026,13:16
Soybeans are trading with 4 to 6 cent gains across most contracts on Tuesday. The cmdtyView national average Cash Bean price is up 5 1/2 cents at $11.81. Soymeal futures are slipping 60 cents in the front months at midday, as Soy Oil is back down 125 to 150 points.... .. read more..
Wheat Slipping Lower into Tuesday’s Midday
Tuesday, August 18,2026,13:16
Wheat is trading with mostly lower action on Tuesday. Chicago SRW contracts are 5 to 8 cents in the red so far on the session. KC HRW futures are down 9 to 10 ½ cents in the front months. MPLS spring wheat is showing fractionally mixed trade at midday. This... .. read more..
Corn Fading Early Gains for Midday Tuesday Weakness
Tuesday, August 18,2026,13:16
Corn futures are showing fractional to 1 ¼ cents so far at Monday’s midday. The CmdtyView national average Cash Corn price is down 1 1/4 cents at $4.35. The ProFarmer Crop Tour started on Monday, with South Dakota corn yields averaging 149.09 bushels per acre down 14.41% from the last... .. read more..
Sugar Prices Soar on Global Supply Concerns
Tuesday, August 18,2026,12:23
October NY world sugar #11 (SBV26 ) is up +0.53 (+3.14%) today, and October London ICE white sugar #5 (SWV26 ) is up +15.20 (+2.91%). Sugar prices extended this month’s sharp rally today, with NY sugar posting a 15-month high and London sugar posting a 16-month high. Today’s leg-up in... .. read more..
Favorable West African Weather Weighs on Cocoa Prices
Tuesday, August 18,2026,12:03
September ICE NY cocoa (CCU26 ) is down -139 (-2.30%) today, and September ICE London cocoa #7 (CAU26 ) is down -87 (-2.02%). Cocoa prices are under pressure today on reports of exceptional growing conditions in the Ivory Coast and Ghana. The favorable weather has fostered new flowering on cocoa... .. read more..
Coffee Prices Surge on Supply Fears
Tuesday, August 18,2026,11:45
September arabica coffee (KCU26 ) is up +11.90 (+3.45%) today, and September ICE robusta coffee (RMU26 ) is up +59 (+1.61%). Coffee prices added to Monday’s sharp gains today, with arabica surging to a 6-week high. The slow pace of Brazil's coffee harvest is limiting coffee supplies and pushing prices... .. read more..
Cotton Prices Are Headed Higher. How to Trade Them Here.
Tuesday, August 18,2026,10:47
December cotton futures present a buying opportunity on more price strength. .. read more..
Midwest Floods: Too much of a good thing for soybeans?
Tuesday, August 18,2026,10:10
Jim’s Video covers the soybeans market (and includes a significant word, or two, about sugar, as well) .. read more..
Cattle Look to Tuesday Trade Following a Mixed Monday
Tuesday, August 18,2026,08:22
Live cattle futures slipped from the early session highs on Monday, with contracts closing 92 cents higher to 20 cents lower. Cash trade rounded out last week with $225-228 sales in the North and some $228 Southern sales. It has been quiet so far on Monday. Feeder cattle futures closed... .. read more..
Wheat Holding onto Mixed Trade on Tuesday Morning
Tuesday, August 18,2026,08:22
Wheat is extending the mixed trade to Tuesday, with Chicago the weaker of the three exchanges. The wheat complex saw mixed action to close out the Monday session. Chicago SRW contracts saw fractionally mixed trade on Monday. Open interest was down 4,076 contracts on Monday. KC HRW futures were up... .. read more..
Cotton Gains Extending to Tuesday Morning, Following USDA Condition Cut
Tuesday, August 18,2026,08:22
Cotton price action is up 37 to 42 points so far on Tuesday. Futures are posted higher trade to close out Monday, with contracts up 16 to 68 points across the board. Crude oil was $2.55 higher, with the US dollar index $0.094 lower. Weekly Crop Progress data showed 74%... .. read more..
Hogs Look to Tuesday After Closing Monday Steady
Tuesday, August 18,2026,08:22
Lean hog futures were mostly steady to 32 cents higher, as October was a tick higher. Open interest was up 3,029 contracts on Monday. USDA’s national base hog price was reported at $92.62 on Monday afternoon, down 68 cents from the day prior. The CME Lean Hog Index was down... .. read more..
Soybean Gains Extending to Tuesday Morning Following Lower Tour Pod Counts
Tuesday, August 18,2026,08:22
Soybeans are trading with early Tuesday 6 to 7 cent gains Futures saw gains of 12 to 23 ½ cents across the board on Monday. Open interest was down 820 contracts, with November dropping 5,913 contracts, suggesting some short covering. The cmdtyView national average Cash Bean price was up 24... .. read more..
Corn Bulls Pushing Higher on Monday After Ratings Drop, Lower Tour Yields
Tuesday, August 18,2026,08:22
Corn price action is up 1 to 2 cents so far on Tuesday morning. Futures closed the Monday session with contracts 3 to 6 ¼ cents higher across most months. Open interest suggested net new buying, up 15,298 contracts, mainly in December. The CmdtyView national average Cash Corn price was... .. read more..
Myanmar 5% white rice price hits near 2-year high on tight supply
Tuesday, August 18,2026,06:00
Myanmar’s 5% white rice price rose to its highest level in nearly two years on Aug. 14, driven by tight supply toward the end of the season and steady demand from the Philippines, data from Platts, part of S&P Global Energy, showed. Platts assessed Myanmar 5% broken white rice at $505/metric ton FOB FCL on ... .. read more..
Did the Commodities Complex See Turnaround Activity Overnight?
Tuesday, August 18,2026,05:59
While a few markets saw what could be called Turnaround activity overnight through early Tuesday morning, the bulk of the commodity complex continues to find solid fund buying. .. read more..
Copper versus gold: what an old macro signal is telling us now
Tuesday, August 18,2026,05:20
Key Points: Copper-to-gold ratio remains historically low : Around 3.24, still signaling gold’s strength, though copper has recently recovered slightly. Macro signal is less clear : Copper reflects industrial demand, but electrification, AI buildout, supply constraints, and geopolitics now play a larger role; gold is supported by central bank buying and diversification. Copper is still an industrial meta l: Higher prices can trigger substitution, efficiency gains, and demand destruction. Gold faces fewer constraints : Driven by investment and central banks, it is less exposed to demand destruction and may outperform in a risk-hedging environment. An old macro signal in a changing wo... .. read more..
Soybeans Technical Analysis: 1200-1270 Resistance Level
Tuesday, August 18,2026,05:00
Technical analysis of weekly nearby soybean futures shows the key $1200–$1270 level shifting from long-term support to active resistance. .. read more..
Gold slips below Rs 1.55 lakh/10 gm on MCX, but global prices extend gains. W...
Tuesday, August 18,2026,00:32
Gold prices slipped on the MCX but extended gains in international markets on Tuesday as expectations of a US Federal Reserve rate hike eased. Gold futures for October delivery fell 0.6% to Rs 1,54,995 per 10 grams, while December and February contracts declined over 0.5% and 0.7%, respectively. Investors now await the Fed’s latest meeting minutes for policy cues. .. read more..
Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran...
Monday, August 17,2026,23:09
Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruptions persisting in the Strait of Hormuz, global brokerages like Goldman Sachs and JPMorgan warn Brent crude could scale between $114 and $120 a barrel if supply risks escalate. .. read more..