News

Noteworthy Wednesday Option Activity: ZION, ARW, NXT

ZION, ARW, NXT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zions Bancorporation, N.A. (Symbol: ZION), where a total volume of 12,982 contracts has been traded thus far today, a contract volume which is representative of

Hogs Rallying on Wednesday

Lean hog futures are in rally mode on Wednesday, with contracts up $3 to $3.25, as nearby May is down a nickel. USDA’s national base hog price was reported at $95.17 on Wednesday morning, up 24 cents from the day prior. The CME Lean Hog Index was back up 7...

Cotton Posting Midweek Gains

Cotton futures are back up 89 to 131 points in the front months on Wednesday. The US dollar index is $0.215 higher at $98.395. Crude oil is down 31 cents at $101.87 at midday. The monthly WASDE update showed 2025/26 cotton yield at 852 lbs/ac, with production at 13.9 million...

Cattle Back to Rally Mode on Wednesday

Live cattle futures are trading with $4 to $5.30 gains in the front months. Cash trade has seen some $260 sales in the South early this week. The Wednesday morning Fed Cattle Exchange online auction showed $260-261.50 sales on 552 of the 1,104 head offered. Feeder cattle futures are up...

Wheat Slipping Back on Wednesday’s Midday

The wheat complex is showing a modest correction on Wednesday following the Tuesday limit gains. Chicago SRW is down 1 to 2 cents at midday. KC HRW futures are 2 to 4 cents in the red so far. MPLS spring wheat is slipping back with fractional losses in the front...

Corn Showing Midday Wednesday Gains as Ethanol Production Improve

Corn futures are trading with 1 to 2 cent gains so far on Wednesday. There were 36 deliveries against May futures overnight. The CmdtyView national average Cash Corn price is up 2 cents to $4.41. Weekly EIA data from this morning showed a 65,000 barrel per day hike in ethanol...

Soybeans Trading with Wednesday Gains Ahead of Trump/Xi Visit

Soybeans are posting with 4 to 7 cent gains across most contracts on Wednesday. The cmdtyView national average Cash Bean price is up 6 1/4 cents at $11.67. Soymeal futures are up $6.10 to $8.10, with Soy Oil futures 48 points lower in the July contract. President Trump landed in...

Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?

Kevin Warsh received the fewest votesTKTK of any Fed chair in history. Will it cripple him?

Beer demand stumbles as gas prices surge, data show

U.S. beer sales slump as higher gas prices squeeze consumers, with convenience stores and high-fuel-cost states seeing the sharpest declines.

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.