Gold edges higher on safe-haven demand, Fed optimism
Sunday, March 23,2025,21:57
Gold prices saw a slight increase on Monday due to worries regarding U.S. President Trump's new tariffs and possible Federal Reserve interest rate cuts. Gold futures rose to $3,030.70. Last week, gold hit a record high amid trade tensions. Additionally, physical gold demand in India decreased with rising spot prices, while other precious metals also experienced minor gains. .. read more..
Oil prices hold steady as investors monitor Russia-Ukraine ceasefire talks
Sunday, March 23,2025,21:52
Oil prices remained stable on Monday as investors evaluated the potential impact of ceasefire talks between Russia and Ukraine on global oil supply. Prices were influenced by recent U.S. sanctions on Iran and OPEC+ production adjustments, with market participants cautious about future production trends. .. read more..
Copper calendar spread and a White Sugar calendar spread
Sunday, March 23,2025,21:13
Copper has a top momentum score of 10, showing CTAs are fully invested with minimal capital to add to longs. In addition, the RSI score is 71, indicating a strong reversal potential. .. read more..
Live Cattle Support/Resistance Using Fibonacci & W.D. Gann
Sunday, March 23,2025,21:13
Educational and Actionable information using Fibonacci and W.D. Gann analysis. .. read more..
Commodities weekly: High-flying precious metal sees profit taking
Sunday, March 23,2025,18:00
Growing uncertainty about the global economic outlook, including inflation trends and political developments, has prompted several major central banks to strike a cautious tone in their latest policy meetings. Of the five central banks that convened to decide on interest rates this past week, only the Swiss National Bank opted to lower rates, reflecting concerns ... .. read more..
South American soybean meal basis hits three-month high
Sunday, March 23,2025,18:00
Soybean meal port differentials in South America have strengthened over the past few days, reaching their highest level since December 2024. On March 20, Platts, part of S&P Global Commodity Insights, assessed the Brazilian FOB Paranaguá basis for shipment in May at a $7/st premium to the Chicago Board of Trade futures, after reaching $8/st ... .. read more..
Chicago corn prices set to challenge decades-long streaks
Sunday, March 23,2025,18:00
If the recent tariff-fueled selloff in Chicago corn futures felt extreme, that’s because it was, especially given the season. Huge swings in new-crop corn prices are not typically seen in the beginning months of the year due to upcoming harvest uncertainties across the Americas. Corn trade has been relatively muted over the last several trading ... .. read more..
Carbon trading: A new era in commodity markets
Sunday, March 23,2025,18:00
As the world intensifies efforts to combat climate change, carbon trading has emerged as a key mechanism for reducing greenhouse gas (GHG) emissions. Businesses are now integrating carbon credit investments into their financial and sustainability strategies, using these markets to manage risk, drive efficiency, and comply with regulatory frameworks. With carbon price forecasting becoming essential ... .. read more..
CME plans Romania/Bulgaria wheat futures in new Black Sea push, traders say
Sunday, March 23,2025,18:00
Financial markets operator CME Group is working on plans for a Black Sea wheat futures contract tracking Romanian and Bulgarian prices, European traders said. CME, which has U.S. corn, wheat and soybean futures that act as global price benchmarks, suspended trading in its previous Black Sea wheat futures based on a Russian price index following ... .. read more..
Spot soy, corn basis steady-firm on slow farmer sales
Sunday, March 23,2025,18:00
Spot basis bids for corn and soybeans delivered to U.S. Midwest elevators and processing plants were mostly steady to higher on Friday, supported by slow farmer sales, merchants said. * Numerous elevators and processors have raised their spot basis bids for corn and soy this week to entice farmers to sell. But prices for both ... .. read more..
Chicago corn, soy futures fall on pre-weekend selloff
Sunday, March 23,2025,18:00
Chicago corn and soy eased and wheat traded nearly flat on Friday as traders’ concerns about the U.S. economic outlook inspired a selloff ahead of the weekend, according to analysts. The most-active wheat contract on the Chicago Board of Trade settled up 1 cent to $5.58-1/4 per bushel. Soybeans ended down 3-1/4 cents at 10.09-3/4 ... .. read more..
CBOT corn falls on strong dollar, economic uncertainty
Sunday, March 23,2025,18:00
Chicago Board of Trade corn futures fell on a strong dollar and pre-weekend positioning against a backdrop of economic uncertainty, analysts said. CBOT May corn (CK25) settled down 4-3/4 cents to $4.64-1/4 per bushel. For the week, most active corn rose by 1.25%. The dollar climbed against the euro on Friday, on pace for its ... .. read more..
Soy, corn barge bids climb as supplies tighten
Sunday, March 23,2025,18:00
Basis bids for soybeans and corn delivered by barge to the U.S. Gulf Coast continued to ratchet higher on Friday, buoyed by tight pipeline supplies and slow barge movement through the mid-Mississippi River, traders said. * Repairs at two locks on the Mississippi River near St. Louis, Locks 26 and 27, have delayed barge tows ... .. read more..
CBOT soybeans ease with dollar rise, economic uncertainty
Sunday, March 23,2025,18:00
Chicago Board of Trade soybean futures fell on Friday as the dollar rose and traders engaged in pre-weekend positioning against a backdrop of economic uncertainty, analysts said. CBOT May soybeans (SK25) settled down 3-1/4 cents to $10.09-3/4 per bushel. CBOT May soymeal (SMK25) ended $3.20 higher at $300.30 per short ton and May soyoil (BOK25) ... .. read more..
China’s Sinograin to auction imported soybeans amid supply shortage
Sunday, March 23,2025,14:00
China’s state stockpiler Sinograin is set to auction 160,000 metric tons of imported soybeans, its first such sale in two months after supply tightness prompted several processors to halt production. The auction, of soybeans produced between 2022 and 2023, will begin on March 25, with deliveries scheduled between April 1 and May 15, according to ... .. read more..
Iron Ore Prices Continued to Fall This Week, Expected to Fluctuate at Low Lev...
Sunday, March 23,2025,14:00
This week, imported iron ore prices continued to fall. After the Two Sessions, market expectations for macro policies were unmet, and with the domestic LPR remaining stable this week, overall macro sentiment was relatively pessimistic. Fundamentally, due to rainfall in northern and southeastern Brazil, shipments dropped significantly, dragging global shipments down by over 10% MoM; ... .. read more..
Gold marks third consecutive weekly gain, eyes $3,100 target
Sunday, March 23,2025,06:13
Spot gold closed at $3023 on March 21, experiencing a loss of 0.68% amid a firmer US Dollar. Despite the drop, it gained about 1.5% weekly, marking its third consecutive weekly rise. Gold had surged to a record $3057 earlier, spurred by the FOMC’s monetary policy announcement. The outlook remains bullish with eyes on $3100. .. read more..
Trade War no Longer a Wild Card - Get Used to It - Wheat Crop Problems Only A...
Saturday, March 22,2025,01:43
Jim has been zeroing back to the fundamental truth in grains .. read more..
Hogs Rally While Cattle Makes new high and Fails
Saturday, March 22,2025,01:43
Hogs Stabilize while cattle markets surge and collapse on strong cash .. read more..
Hogs Post Gains on Friday
Friday, March 21,2025,18:22
Lean hog futures closed the Friday session with contracts up 57 cents to $1.22, as April was 50 cents lower over the course of the week. The USDA national average base hog negotiated price was reported at $88.40 on Friday afternoon, down 99 cents from the day prior. The CME... .. read more..
Cattle Futures Ignore Cash Strength, with Position Squaring Ahead of the CoF ...
Friday, March 21,2025,18:22
Live cattle futures faded into the Friday close, settling down $1.52 to $2.47 on the day, as traders were lightning up ahead of the monthly Cattle on Feed report. Cash trade was on the move on Friday, up $7-8 from last week in the South at $210. Northern business came... .. read more..
Wheat Firms into the Close to Settle the Week with Gains
Friday, March 21,2025,18:22
The wheat complex was choppy on the Friday trade, as bulls came out on top to end the session. Chicago SRW futures closed the session with gains of a penny in the nearbys and May up jist 1 ¼ cent on the week. Kansas City HRW contracts posted front month... .. read more..
Shootin' the Bull about rationing producers
Friday, March 21,2025,18:22
In my opinion, the cattle industry, futures traders included, are no longer rationing beef or cattle, but producers. .. read more..
Corn Closes the Week with Friday Losses
Friday, March 21,2025,18:22
Corn futures closed the week on Friday with losses of 2 to 5 cents across most front months. Despite the Friday losses, May saw a 5 ¾ cent gain on the week. New crop held steady, as the trade range narrows ahead of the Prospective Plantings report on the 31st... .. read more..
Cotton Falls Weaker on Friday
Friday, March 21,2025,18:22
Cotton futures closed the Friday session with contracts falling back 70 to 81 points on the day. May closed the week slipping 210 points since last Friday. The outside factors were mixed, with crude oil futures up 30 cents/barrel and the US dollar index $0.293 higher on the day. Cotton... .. read more..
Soybeans End the Week with Losses
Friday, March 21,2025,18:22
Soybean futures posted slight losses on Friday, pulling off the lows into the close to settle with 2 to 4 cent losses. May was 6 ¼ cents lower throughout the week, with new crop November lipping 10 ¼ cents. CmdtyView’s national front month Cash Bean price was back down 2... .. read more..
Grain Spreads: Bean Potential
Friday, March 21,2025,18:22
Beans Trade Sideways, How Much Longer? .. read more..
Iron ore set for weekly loss on caution over China demand prospects
Friday, March 21,2025,18:00
Iron ore futures drifted lower on Friday and were headed for a weekly loss due to mounting concerns over demand prospects in top consumer China amid an escalating global trade war. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.33% lower at 757.5 yuan ($104.52) a metric ton, ... .. read more..
EU wheat down on Black Sea competition, weaker US markets
Friday, March 21,2025,18:00
European wheat edged lower on Friday, pressured by Black Sea competition and a fall on U.S. markets. Benchmark May milling wheat (BL2K5) on Paris-based Euronext, was down 0.3% by 1500 GMT to 226.00 euros ($244.42) a metric ton. It was still set for a 1% weekly increase after a 9% climb the previous week. By ... .. read more..
Palm slips lower with second straight weekly loss
Friday, March 21,2025,18:00
Palm oil closed lower on Friday and booked a second straight weekly loss due to weakness in Chicago soyoil futures and a persistently slower Malaysian palm oil export performance. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange lost 37 ringgit, or 0.84%, to 4,376 ringgit ($990.27) a metric ton ... .. read more..
Copper falls on stronger dollar, Comex premium near record high
Friday, March 21,2025,18:00
Copper prices fell on Friday under pressure from a stronger dollar, while mounting worries that the United States may impose new import tariffs on the metal kept the New York futures premium over the London price near the record high. Benchmark three-month copper on the London Metal Exchange (LME) fell 0.6% to $9,877 a metric ... .. read more..
Argentina exchange trims soybean crop forecast to 48.6 mln tons
Friday, March 21,2025,18:00
Argentina’s 2024/25 soybean crop is now estimated at 48.6 million metric tons, down from the 49.6 million tons previously expected, according to a forecast from the Buenos Aires grains exchange published on Thursday. The exchange credited the smaller expected output to a drought that has reduced yields in the country’s northeast. Argentina’s is the world’s ... .. read more..
China plans to add key metals to state reserves, Bloomberg News reports
Friday, March 21,2025,18:00
China is planning to add key metals to its strategic reserves of industrial metals this year in an effort to boost the resilience of critical minerals supply, Bloomberg News reported on Thursday. The metals in discussion to be purchased include cobalt, copper, nickel and lithium, the report said, citing people familiar with the matter. The ... .. read more..
India to start new sugar season with ample stocks, says producers’ body
Friday, March 21,2025,18:00
India is likely to start the new sugar season in October with comfortable opening stocks, despite lower-than-expected production in the current season and exports of 1 million tons, a leading producers’ body said on Thursday. The world’s second-biggest sugar producer allowed mills to export 1 million metric tons of the sweetener in January during the ... .. read more..
The Sideways Trade in Grains Continues
Friday, March 21,2025,16:28
Grain markets remain mostly rangebound. These are the levels to watch for a potential trend change. .. read more..
Cotton Falling on Friday
Friday, March 21,2025,16:28
Cotton futures are falling on Friday’s midday, with losses of 63 to 69 points. The outside factors are back to mixed action, with crude oil futures up 13 cents/barrel. The US dollar index is up $0.243 so far on the day. Cotton export sales totaled 101,058 RB in the week... .. read more..
Cattle Squaring Up Ahead of CoF Report Despite Rallying Cash Market
Friday, March 21,2025,16:28
Live cattle futures are fading back lower at midday as traders give back early strength in position ahead of the monthly Cattle on Feed report. Contracts are down 35 to 90 cents, with exception to April which is being held up by cash. This morning’s Fed Cattle Exchange online auction... .. read more..
Dollar Strength Prompts Long Liquidation in Sugar Futures
Friday, March 21,2025,16:28
May NY world sugar #11 (SBK25 ) today is down -0.20 (-1.00%), and May London ICE white sugar #5 (SWK25 ) is down -9.00 (-1.60%). Sugar prices are moderately lower as today's rally in the dollar index (DXY00 ) to a 2-week high has sparked long liquidation in sugar futures.... .. read more..
Cocoa Prices Tumble as the Supply Outlook Improves
Friday, March 21,2025,16:28
May ICE NY cocoa (CCK25 ) today is down -374 (-4.63%), and May ICE London cocoa #7 (CAK25 ) is down -233 (3.74%). Cocoa prices today tumbled to 4-1/4 month lows. Cocoa prices have been on the defensive over the past five weeks on an improving supply outlook. On February... .. read more..
Coffee Prices Slide as the Dollar Strengthens
Friday, March 21,2025,16:28
May arabica coffee (KCK25 ) today is down -4.50 (-1.15%), and May ICE robusta coffee (RMK25 ) is unchanged. Coffee prices today are mostly lower. Today's rally in the dollar index (DXY00 ) to a 2-week high is undercutting most commodity prices, including coffee. However, loses in robusta coffee are... .. read more..
Soybeans Weaker on Friday Morning
Friday, March 21,2025,16:28
Soybeans are trading with 2 to 3 cents in the red so far in early Friday trade. The soybean market posted Thursday gains of as little as fractionally in the new crop contracts to 5 cents in some nearbys. Preliminary open interest was up 14,050 contracts on Thursday, mainly in... .. read more..
Is the Coffee Rally Over?
Friday, March 21,2025,16:28
After reaching a record high in February 2025, nearby Arabica coffee futures ran out of upside steam, falling below the $4 per pound level. While coffee has declined, the price remains in record territory compared to the pre-2024 highs. Even the most aggressive bull markets rarely move in straight lines. .. read more..
Cattle Close Thursday with Strength
Friday, March 21,2025,16:28
Live cattle futures posted gains heading into Thursday’s close, up $1.65 to $2.17. Cash trade has been slower this week following last week’s strength. Preliminary open interest was up 9,302 contracts on Thursday. This morning’s Fed Cattle Exchange online auction showed no bids/sales on the 1,258 head offered. Feeder cattle... .. read more..
Corn Slipping Back Early on Friday
Friday, March 21,2025,16:28
Corn price action so far on Friday morning is down fractionally to 2 cents. Futures closed the Thursday session with contracts up 6 to 7 cents in the front months, as new crop December tagged along, up 1 ½ cents. Preliminary open interest showed a rotation of ownership, down just... .. read more..
Hogs Close with Weakness on Thursday
Friday, March 21,2025,16:28
Lean hog futures settle the Thursday session with marginal losses of a tick to 25 cents in the front months. The USDA national average base hog negotiated price was reported at $89.39 on Thursday afternoon, down $1.63 from the day prior. The CME Lean Hog Index was up 9 cents... .. read more..
Wheat Sneaking Back Higher on Friday Morning
Friday, March 21,2025,16:28
Wheat is showing early gains so far on Friday morning. The wheat complex faced weakness on Thursday following a weak Export Sales report. Chicago SRW futures fell back 6 to 7 cents on the day. Preliminary open interest was up 4,254 contracts. Kansas City HRW contracts were down another 7... .. read more..
What Will July Orange Juice Do Friday?
Friday, March 21,2025,16:28
The orange juice futures market has been busy of late, setting the stage for what should be an interesting session Friday. .. read more..
Cotton Weakness Continuing to Friday
Friday, March 21,2025,16:28
Cotton futures are down 31 to 45 points so far on Friday morning. Price action on Thursday was down 16 to 27 points at the close. The outside factors are back to mixed action, with crude oil futures up $1.47/barrel. The US dollar index was up $0.357 on the day.... .. read more..
Corn Giving Back Thursday Gains with Midday Friday Losses
Friday, March 21,2025,16:28
Corn futures are trading with weakness on Friday, as contracts are down 2 to 6 cents at midday. Futures are falling back after the strength on Thursday. The CmdtyView national average Cash Corn price was back down 5 3/4 cents at $4.27 1/4. Export Sales data from Thursday morning showed... .. read more..
Sugar Prices Fall on Long Liquidation as the Dollar Gains
Friday, March 21,2025,16:28
May NY world sugar #11 (SBK25 ) Friday closed down -0.28 (-1.40%), and May London ICE white sugar #5 (SWK25 ) closed down -11.60 (-2.06%). Sugar prices Friday settled moderately lower as a rally in the dollar index (DXY00 ) to a 2-week high sparked long liquidation in sugar futures.... .. read more..