Soybean Extending Strength to Wednesday Morning
Wednesday, January 29,2025,11:05
The soybean complex is trading with contracts up 6 to 8 cents early on Wednesday trade. Soybeans posted stronger action on Tuesday, most contracts were steady to 5 cents higher. CmdtyView’s national front month Cash Bean price was down 1 cent at $9.83. Soymeal futures were up $1.3/ton, with Soy... .. read more..
Cotton Losses Continue on Wednesday Morning
Wednesday, January 29,2025,11:05
Cotton prices are trading with 13 to 20 point gains on Wednesday. Futures were 25 to 30 points in the red in the front months on Tuesday. The outside factors were mixed, as crude oil futures were up 75 cents/barrel on the day, with the US dollar index up 560... .. read more..
Wheat Extending Gains Early on Wednesday
Wednesday, January 29,2025,11:05
Wheat is trading with Wednesday morning gains of 5 to 9 cents. The wheat market posted a turnaround session across the three exchanges on Tuesday. Chicago SRW futures were up 9 to 10 cents in the nearbys. KC HRW futures were 7 to 9 cents higher in the front months.... .. read more..
Corn Rallying to Kick off Wednesday
Wednesday, January 29,2025,11:05
Corn futures are Starting off Wednesday with gains of 3 to 7 cents across most contracts. The corn market bounced back on Tuesday, with contracts closing 2 to 4 cents higher across most nearbys. The national average Cash Corn price from cmdtyView is up 3 cents at $4.50 3/4. CONAB... .. read more..
Hogs Push Higher on Tuesday
Wednesday, January 29,2025,11:05
Lean hog futures were up 85 cents to $1.10 on Tuesday. The national average base hog negotiated price was reported at $84.32 on Tuesday afternoon, up $3.93 from the day prior. The CME Lean Hog Index was reported at $81.94 on January 24, up 2 cents from the previous day.... .. read more..
Cattle Rallies Again on Tuesday
Wednesday, January 29,2025,11:05
Live cattle futures posted Tuesday strength of $2.80 to $3.45 in the nearbys at the close. Cash sales were reported early last week at $201 in the South, with late week sales jumping up to $208 in KS. Northern trade has pushed up to $205-212, with a bulk at $210-212.... .. read more..
Wheat Rebounding on Tuesday
Wednesday, January 29,2025,08:21
The wheat market is trading with gains across the three exchanges at Tuesday’s midday. Chicago SRW futures are up 10 to 12 cents in the nearbys. KC HRW futures are 7 to 9 cents higher in the front months. MPLS spring wheat is 9 to 12 cents in the green.... .. read more..
Did Wheat Just bottom at a 78.6% Fibonacci Retracement?
Wednesday, January 29,2025,08:21
Educational and Actionable information using Fibonacci and W.D. Gann analysis. .. read more..
Hogs Pop Higher on Tuesday
Wednesday, January 29,2025,08:21
Lean hog futures were up 85 cents to $1.10 on Tuesday. The national average base hog negotiated price was reported at $84.32 on Tuesday afternoon, up $3.93 from the day prior. The CME Lean Hog Index was reported at $81.94 on January 24, up 2 cents from the previous day.... .. read more..
Soybean Bulls Pushing Back Higher on Tuesday
Wednesday, January 29,2025,08:21
Soybeans are trading with mixed action on Tuesday, as front months are leaking lower and new crop November is up 5 cents. CmdtyView’s national front month Cash Bean price is down 2 3/4 cents at $9.81 1/4. Soymeal futures are up $1/ton, with Soy Oil futures down 10 points so... .. read more..
Is the Rally in Cocoa Running Out of Upside Steam?
Wednesday, January 29,2025,08:21
Cocoa futures led the asset class higher in 2024, with an over 178% annual gain. Cocoa prices have moved lower from the 2024 record high but remain well above the pre-2024 record price from 1977. .. read more..
Cattle Rally Continues on Tuesday
Wednesday, January 29,2025,08:21
Live cattle futures posted Tuesday strength of $2.80 to $3.45 in the nearbys at the close. Cash sales were reported early last week at $201 in the South, with late week sales jumping up to $208 in KS. Northern trade has pushed up to $205-212, with a bulk at $210-212.... .. read more..
Corn Posting Turnaround Tuesday Gains
Wednesday, January 29,2025,08:21
The corn market is bouncing back from losses on Monday, with midday gains of 4 to 6 cents across the board. The national average Cash Corn price from cmdtyView is up 5 1/2 cents at $4.52 1/4. USDA reported a private export sale of 132,000 MT of corn to South... .. read more..
Walsh Gamma Trader
Wednesday, January 29,2025,08:21
Low-Cost Options, With Limited Risk .. read more..
Sugar Prices Gain as the Brazilian Real Rallies
Wednesday, January 29,2025,08:21
March NY world sugar #11 (SBH25 ) Tuesday closed up +0.06 (+0.31%), and March London ICE white sugar #5 (SWH25 ) closed up +4.50 (+0.89%). Sugar prices on Tuesday settled moderately higher as they consolidated below Monday's 3-week highs. Over the past week, recent strength in the Brazilian real (^USDBRL... .. read more..
Cocoa Prices Little Changed as Rain in West Africa Improves Crop Conditions
Wednesday, January 29,2025,08:21
March ICE NY cocoa (CCH25 ) Tuesday closed up +2 (+0.02), and March ICE London cocoa #7 (CAH25 ) closed down -11 (-0.12%). Cocoa prices on Tuesday recovered from 1-week lows and were little changed. Recent rains in West Africa eased dry conditions and are weighing on cocoa prices. However,... .. read more..
Arabica Coffee Posts Another Record High on Global Supply Concerns
Wednesday, January 29,2025,08:21
March arabica coffee (KCH25 ) Tuesday closed up +8.30 (+2.38%), and March ICE robusta coffee (RMH25 ) closed up +100 (+1.83%). Coffee prices on Tuesday settled moderately higher, with arabica posting a new record of nearest-futures high. Prices rose Tuesday after Conab, Brazil's government crop forecasting agency, forecast that Brazil's... .. read more..
Cotton Slipping Lower at Midday
Wednesday, January 29,2025,08:21
Cotton futures are 7 to 8 points in the red in the front months on Tuesday. Crude oil futures are down a penny/barrel on the day. The US dollar index isup 565 points on the day. The Seam reported 12,432 bales of online sales on January 27 at an average... .. read more..
Shootin' the Bull about June futures over $200.00
Wednesday, January 29,2025,08:21
The ability lock in the June contract to within a few dollars of today's cash is rare. Last year was a first for the June contract to make a historical high on the weekly continuation charts. .. read more..
Brazilian Real Strength Sparks Short Covering in Sugar Futures
Wednesday, January 29,2025,08:21
March NY world sugar #11 (SBH25 ) today is up +0.09 (+0.47%), and March London ICE white sugar #5 (SWH25 ) is up +5.30 (+1.05%). Sugar prices today are moderately higher but remain below Monday's 3-week highs. Today's rally in the Brazilian real (^USDBRL ) to a 2-month high has... .. read more..
Hogs Popping Higher on Tuesday
Wednesday, January 29,2025,08:21
Lean hog futures are up 60 to 90 cents on Tuesday. The national average base hog negotiated price was reported at $83.34 on Tuesday morning, up $5.34 from the day prior. The CME Lean Hog Index was reported at $81.94 on January 24, up 2 cents from the previous day.... .. read more..
Cocoa Prices Underpinned on Concerns of a Global Cocoa Shortage
Wednesday, January 29,2025,08:21
March ICE NY cocoa (CCH25 ) today is up +13 (+0.11), and March ICE London cocoa #7 (CAH25 ) is up +21 (+0.23%). Cocoa prices today are moderately higher on carryover support from last Friday when the International Cocoa Organization (ICCO) said a survey of global cocoa stockpiles at the... .. read more..
Cattle Rallying on Tuesday
Wednesday, January 29,2025,08:21
Live cattle futures are posting Tuesday strength of $2.95 to $3.40 in the nearbys at midday. A few cash sales were reported early last week at $201 in the South, with late week sales jumping up to $208 in KS. Northern trade has pushed up to $205-212, with a bulk... .. read more..
Coffee Prices Supported by Supply Risks and Brazilian Real Strength
Wednesday, January 29,2025,08:21
March arabica coffee (KCH25 ) today is up +5.40 (+1.55%), and March ICE robusta coffee (RMH25 ) is up +77 (+1.419%). Coffee prices today are moderately higher but remain below Monday's significant highs. Prices rose today after Conab, Brazil's government crop forecasting agency, forecast that Brazil's 2025/26 coffee crop will... .. read more..
What Should We Expect On Fed Day Wednesday?
Wednesday, January 29,2025,08:21
There is a lot scheduled to happen Wednesday, meaning a lot of unscheduled chaos should be expected as well. .. read more..
Cotton Fall Back Lower on Tuesday
Wednesday, January 29,2025,08:21
Cotton futures were 25 to 30 points in the red in the front months on Tuesday. The outside factors were mixed, as crude oil futures were up 75 cents/barrel on the day, with the US dollar index up 560 points. The Seam reported 12,432 bales of online sales on January... .. read more..
Grain Spreads: Wheat vs Corn
Wednesday, January 29,2025,08:21
Bottom Feeding Examined .. read more..
Soybean Firm Up on Tuesday
Wednesday, January 29,2025,08:21
Soybeans posted stronger action on Tuesday, most contracts were steady to 5 cents higher. CmdtyView’s national front month Cash Bean price was down 1 cent at $9.83. Soymeal futures were up $1.3/ton, with Soy Oil futures up 11 to 19 points in the front months on the session. CONAB estimates... .. read more..
Cattle Culmination Window
Wednesday, January 29,2025,08:21
The cattle market has been thrilling over the past week reaching price levels that command attention. .. read more..
Corn Posts Turnaround Tuesday Gains
Wednesday, January 29,2025,08:21
The corn market bounced back on Tuesday, with contracts closing 2 to 4 cents higher across most nearbys. The national average Cash Corn price from cmdtyView is up 3 cents at $4.50 3/4. USDA reported a private export sale of 132,000 MT of corn this morning to South Korea for... .. read more..
Wheat Rebounds on Tuesday
Wednesday, January 29,2025,08:21
The wheat market posted a turnaround session across the three exchanges on Tuesday. Chicago SRW futures were up 9 to 10 cents in the nearbys. KC HRW futures were 7 to 9 cents higher in the front months. MPLS spring wheat was 11 to 12 cents in the green. Texas... .. read more..
Agriculture sector rally led by coffee, corn and cattle
Wednesday, January 29,2025,07:00
Key points The agriculture sector is off to a strong start this January, with tight supply driving arabica coffee and cattle futures to fresh record highs, while c orn trades near a 15-month high Ongoing momentum attracting a great deal of speculative buying, not least in corn which has seen the hedge fund long rise to a May 2022 high Cotton potentially ripe for a short-covering bounce after spending the past six months consolidating following a major slump during the first half of 2024 The agriculture sector is off to a strong start this January, with tight supply driving arabica coffee prices to fresh record highs. Corn's near non-stop rally since last October has seen it reach a 15-mon... .. read more..
Commodity Tracker: 5 charts to watch this week
Wednesday, January 29,2025,06:00
The South Atlantic grain freight market is challenged by a tonnage surplus and cargo shortages, while Bitcoin mining profitability rebounds. Meanwhile, Asian used cooking oil prices have increased, and Indonesia has restricted UCO and palm oil residue exports to support its biodiesel initiative. 1. South Atlantic grain freight market outlook What’s happening? The East Coast ... .. read more..
Grains and oilseeds prices rise as market braces for U.S. tariffs
Wednesday, January 29,2025,06:00
Chicago corn, wheat and soybean futures rose on Wednesday as traders waited to see if U.S. President Donald Trump would follow through on threats to impose 25% tariffs on imports from Canada and Mexico this weekend. Corn and wheat were supported by expectations of tighter supplies, while soybeans shrugged off pressure from a massive harvest ... .. read more..
LME copper hits 3-week low as US tariff risks weigh
Wednesday, January 29,2025,06:00
London copper hit a three-week low on Wednesday as U.S. President Donald Trump’s threat to levy tariffs on copper imports kept the market under pressure. Benchmark copper on the London Metal Exchange (LME) eased 0.1% to $8,978.5 a metric ton, as of 0708 GMT, its lowest level since Jan. 8. The lack of clarity around ... .. read more..
Gold Price Today: Yellow metal makes new high, crosses Rs 80,400/10gms mark
Wednesday, January 29,2025,01:11
On Tuesday, gold and silver ended on a positive note in both domestic and international markets. The gold April futures contract finished at Rs 80,899 per 10 grams, up by 0.92%, while the silver March futures contract closed at Rs 91,051 per kilogram, gaining 0.91%. .. read more..
Oil prices steady as investors weigh impact of Trump tariffs
Tuesday, January 28,2025,21:22
Oil prices steadied amid potential U.S. tariffs on Canadian and Mexican imports, despite an increase in U.S. crude stocks. Market turbulence followed concerns about energy demand linked to a Chinese AI model and weak Chinese economic data. President Trump is considering 25% tariffs on Canada and Mexico over immigration issues, potentially disrupting U.S. energy markets. .. read more..
Gold steadies as investors await US Fed rate decision
Tuesday, January 28,2025,20:57
Gold prices remained stable on Wednesday following a slight recovery driven by tech-related market selloff. Investors are focusing on the Federal Reserve's meeting, with anticipation over its decision on interest rates. The uncertainty around U.S. tariffs has increased the demand for safe-haven assets like gold. .. read more..
US rice prices fall to lowest levels since 2023
Tuesday, January 28,2025,17:00
US rice prices slumped to the lowest level in over two years as of Jan. 23, as weak demand and low-quality milling yields continues to place downward pressure on the market. The downward pressure was seen in both the US Long Grain rice varieties as well as California short and medium rice varieties was seen ... .. read more..
Palm closes higher despite weak demand, Indonesia export rate uncertainty
Tuesday, January 28,2025,17:00
Malaysian palm oil futures settled higher on Tuesday, rebounding from earlier losses, though sluggish demand from key markets, uncertainty over Indonesia’s export rates and a slight improvement in domestic production capped its gains. The benchmark palm oil contract FCPO1! for April delivery on the Bursa Malaysia Derivatives Exchange gained 64 ringgit, or 1.52%, to 4,282 ... .. read more..
Steel import curbs key in Indian steel industry’s budget asks for FY 2025-26
Tuesday, January 28,2025,17:00
The Indian Steel Association urged the government to double the basic customs duty on steel imports in its upcoming union budget for financial year 2025-26, according to a source with knowledge of the matter. The government will announce the Union Budget of financial year 2025-26 on Feb. 1. The association, an apex body representing primary ... .. read more..
Influx of Chinese steel likely to impact India’s near-term growth: JSW Steel
Tuesday, January 28,2025,17:00
The inflow of steel imports from China is one of the key factors expected to impact India’s near-term growth, JSW Steel’s chief economist said Jan. 27. “If Chinese material does not find their own outlets, they will flow to the markets they find more accessible,” Mangesh Soman said at an industry event. “That is a ... .. read more..
Trump’s copper, aluminium tariffs may raise costs for U.S. consumers
Tuesday, January 28,2025,17:00
President Donald Trump’s vow of tariffs on U.S. and aluminium imports would result in higher costs for local consumers because of a shortfall of domestic production and the length of time it would take to renew the industry, analysts and industry participants said on Tuesday. In a speech to Republican lawmakers on Monday, Trump said ... .. read more..
Corn, soy and wheat steady after trade and tech jitters
Tuesday, January 28,2025,17:00
U.S. corn, soybeans and wheat were little changed on Tuesday as wider markets steadied after a day-earlier slide when investors were rattled by U.S. tariff threats against Colombia and the emergence of a low-cost Chinese artificial intelligence model. A firmer dollar DXY and improving supply prospects in Argentina, however, kept a lid on grain prices. ... .. read more..
Comex copper premium vs LME expands after Trump tariff threat
Tuesday, January 28,2025,17:00
Copper traded on the U.S. Comex exchange expanded its premium against its London counterpart on Tuesday after U.S. President Donald Trump threatened to impose tariffs on copper imports. Benchmark copper HG1! on the London Metal Exchange (LME) slipped 0.9% to $9,018 a metric ton by 1030 GMT, touching its lowest in nearly three weeks. Most ... .. read more..
Hogs Start Week off on a Positive Note
Tuesday, January 28,2025,09:14
Hogs test resistance .. read more..
Wheat Rebounding Early on Tuesday
Tuesday, January 28,2025,09:14
The wheat market is trading with gains across the three exchanges on Tuesday morning. Wheat faced weakness on Monday, with the three markets falling lower. Chicago SRW futures were down 8 to 10 cents in the nearbys. KC HRW futures were 6 to 7 lower in the front months. MPLS... .. read more..
Cattle Futures Continue to Set Records
Tuesday, January 28,2025,09:14
A scorching cash cattle trade has taken cattle futures to new all time highs. Can the rally continue at this rate? .. read more..
Cotton Holding Steady on Tuesday Morning
Tuesday, January 28,2025,09:14
Cotton prices are 1 to 2 points higher in the nearbys and down 1 to 4 in other contracts so far on Tuesday. Futures posted losses on Monday, with contracts 26 to 34 points in the red. Crude oil futures were down $1.56/barrel on the day. The US dollar index... .. read more..
Hogs Higher on Monday
Tuesday, January 28,2025,09:14
Lean hog futures posted gains of 75 cents to $1.67 on Monday. The national average base hog negotiated price was reported at $80.39 on Monday afternoon, up a penny from the day prior. The CME Lean Hog Index was reported at $81.92 on January 23, down 1 cent from the... .. read more..