News

Wheat Mixed at Midday, with Hard Red Contracts Higher

The wheat complex is back to mixed trade, with hard red contracts higher. Chicago SRW contracts are down 2 to 3 ¼ cents so far. KC HRW futures are 2 to 3 cents in the green on the day. MPLS spring wheat is fractionally to a penny higher at midday....

Hogs Trading with Midday Gains

Lean hog futures are trading with 40 to 60 cent gains at midday. USDA’s national base hog price was reported at $101.76 Thursday morning, up 72 cents from the day prior. The CME Lean Hog Index was 56 cents higher on July 21 at $97.08. Weekly Export Sales data showed...

Corn Rally Extending to Thursday

Corn futures are continuing the push higher with contracts up 3 to 4 ¼ cents so far on the Thursday session. The CmdtyView national average Cash Corn price is up 3 3/4 cents at $4.35 1/4. Export Sales data from this morning showed 332,679 MT of old crop corn business...

Cattle Finding Some Buyers on Thursday, with Beef Firming at Midday

Live cattle futures are getting a bounce, with $1.40 to $1.80 gains at midday. Cash trade saw a few $230-232 sales on Wednesday, though there has not been enough to establish a trend. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,530 head, with bids at...

Soybeans Extending Fresh Highs at Midday

Soybeans are pushing the fresh 2 year highs further at midday, with gains of 5 to 8 cents at midday. The cmdtyView national average Cash Bean price is up 5 cents at $12.05 1/2. Soymeal futures were $1.30 to $2.00 higher, with Soy Oil futures up 2 to 7 points....

Sugar Prices Continue Lower on Improved Monsoon Rains in India

October NY world sugar #11 (SBV26 ) today is down -0.04 (-0.27%), and October London ICE white sugar #5 (SWV26 ) is down -5.00 (-1.08%). Sugar prices are lower on today’s stronger dollar and on the prospect for improved India sugar output as its monsoon rains continue to improve. India’s...

Cerebras stock gains on AMD partnership

AMD

Cerebras and AMD agreed to work together, pairing their technology for AI systems.

The 10-year Treasury yield could test 5% after its latest spike. Here’s why

The benchmark yield at 5% would be psychologically significant for the stock market.

Thursday's ETF with Unusual Volume: GXPD

GXPD, TSLA, F, LVS

The Global X PureCap MSCI Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.2 million shares traded versus three month average volume of about 45,000. Shares of GXPD were down about 5.2% on the day. Components of that ETF wit

Crude Oil Skyrockets As Middle East Crisis Deepens With Houthi Attacks On Saudi Tankers

(RTTNews) - Extending four consecutive sessions of gains, crude oil prices have catapulted on Thursday amid concerns of a wider conflict in the Middle East set off by new attacks by the Iran-backed Houthis in Yemen on two Saudi Arabian tankers in the Red Sea.