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Cotton Holding onto Gains at Friday’s Midday
Cotton futures are trading with contracts 40 to 60 points higher so far on Friday. Crude oil is back up $1.45 per barrel, with the US dollar index back up $0.189. Export Sales data has accumulated export business at 12.032 million RB, which is 102% of the USDA export projection....
Soybeans Falling Lower on Friday
Soybeans are trading with Friday midday losses of 6 to 9 1/2 cents at midday. The cmdtyView national average Cash Bean price was up 8 1/2 cents at $11.40. Soymeal futures are $4.00 to $4.50 lower across most contracts, with Soy Oil futures down 120 to 140 points. There were...
Cattle Extending Strength to Friday
Live cattle futures are trading with contracts 45 cents to $1.125 higher. USDA picked up cash trade at $232-233, with some up to $235. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,054 head offered and a few bids of $228. Feeder cattle futures are continuing...
Corn Falling on Friday as Traders Close Out July
Corn futures are falling with the rest of the grains on Friday, with contracts down to 6 to 8 cents at midday. Spillover from wheat, rains, and month end pressure is a factor. The CmdtyView national average Cash Corn price is down 8 1/4 cents at $4.08 1/4. Rain fell...
Crude Oil Surges As U.S.-Iran Conflict Keeps Strait Of Hormuz Crisis Alive
(RTTNews) - Rebounding from yesterday's losses, crude oil prices have soared on Friday after Iran's military claimed conducting strikes on U.S. military assets in Bahrain and Kuwait. In addition, Iran fired at two U.S.-backed vessels transiting through the Strait of Hormuz.