News

Cattle Holding onto Thursday Gains at Midday

Live cattle futures are showing 67 cent to $1.37 higher trade at Thursday’s midday. Cash trade has seen some $260 sales in the South early this week, with northern trade at $408-410. Feeder cattle futures are trading with $1.35 to $1.95 gains at midday. The CME Feeder Cattle Index was...

Soybeans Collapsing Following Trump/Xi Meeting

Soybeans are trading with 30 to 44 cent losses in most contracts on Thursday. The cmdtyView national average Cash Bean price is down 44 cents at $11.20. Soymeal futures are back down $7.20, with Soy Oil futures falling 108 points. There were 80 deliveries issued against May meal futures overnight,...

Wheat Falling at Midday

The wheat complex is facing pressure on Thursday’s midday. Chicago SRW futures are down 18 to 29 cents in the front months. KC HRW futures are leading the charge, with 20 to 22 cent losses. MPLS spring wheat is trading with 17 to 19 cent losses at midday. There were...

Corn Facing Thursday Pressure

Corn futures are trading with 13 to 15 cent losses in the front months on Thursday. There were 17 deliveries against May futures overnight, with the contract expiring today. The CmdtyView national average Cash Corn price is down 15 cents to $4.25. A bill to approve year-around sales of E15...

Some short sellers are seeing opportunity in this tech mania. How they're spotting fake AI stocks

Hedge fund managers said the current environment — fueled by aggressive spending on AI — is creating a fertile backdrop for bearish wagers

CDC says there are no U.S. hantavirus cases currently, 41 people being monitored

The CDC said the risk to the general public from hantavirus remains low.

YETI Rallies After Earnings Beat and Raised Outlook

YETI

Shares of YETI Holdings Inc. (NYSE: YETI) jumped Thursday after the company delivered a first-quarter earnings beat and raised its full-year outlook, giving investors renewed confidence after a rocky few months for the stock. The outdoor and lifestyle products company has had a

Dollar Strength Spurs Long Liquidation in Sugar Futures

July NY world sugar #11 (SBN26 ) today is down -0.38 (-2.47%), and Aug London ICE white sugar #5 (SWQ26 ) is down -13.40 (-2.94%). Sugar prices are sharply lower today as a rally in the dollar index ($DXY ) to a 2-week high has spurred long liquidation in sugar...

Cocoa Prices Slump on Projections of Higher Ivory Coast Cocoa Deliveries

July ICE NY cocoa (CCN26 ) today is down -188 (-4.28%), and July ICE London cocoa #7 (CAN26 ) is down -147 (-4.49%). Cocoa prices are sharply lower today and dropped to 1-week lows after the Ivory Coast boosted its cocoa delivery estimate for this season. The Ivory Coast now...

A Starbucks upgrade tackles a thorny issue pushed by the stock's skeptics

SBUX, SBUXN, SBUXCL, SBUX.USD, A

TD Cowen is optimistic that Starbucks is on its way to mounting a successful turnaround, but execution is key.