News

Crude Oil Surges Amid Intense U.S. Attacks On Iran As Impasse On Peace Talks Continues

(RTTNews) - Following three days of gains, crude oil prices have shown another substantial move to the upside on Wednesday as supply disruption concerns deepen after the U.S. attacked several Iranian targets for the 11th straight night while endeavors by intermediaries to reach a

Cattle Resuming Selling on Wednesday

Live cattle futures are falling lower on Wednesday, with contracts down $2.40 to $3.10 lower at midday. Cash trade has yet to get kicked of this week as last week settled in at $238-240 in the north, with Southern trade at $237-238. Wednesday’s Fed Cattle Exchange online auction showed no...

Wheat Rallying on Wednesday Following Black Sea Export Limitations

The wheat complex is posting a sharp rally on Wednesday with support from the Black Sea conflict. Chicago SRW contracts are 25 to 27 cents higher is most contracts on Wednesday. KC HRW futures are leading the rally on Wednesday, up 29 to 31 cents. MPLS spring is posting 20...

Cotton Posting Midday Wednesday Gains

Cotton futures are trading with gains of 44 to 100 points so far on the Wednesday session. Crude oil is up another $2.06 per barrel, with the US dollar index down 0.036. The Cotlook A Index was up 35 points on 7/20 at 88.00 cents. ICE certified cotton stocks were...

Soybeans Posting Midweek Gains

Soybeans are posting strength on Tuesday, with contracts 12 to 13 cents higher in the front months. The cmdtyView national average Cash Bean price is up 13 ¼ cents at $11.84. Soymeal futures are $5.50 to $6.20 higher, with Soy Oil futures rallying 100 to 110 points. Weekly Export Sales...

Hogs Extending Climb to Wednesday’s Midday

Lean hog futures are posting modest Wednesday gains of 2 to 70 cents. USDA’s national base hog price was reported at $101.04 Wednesday morning, up $2.91 from the day prior. The CME Lean Hog Index was 48 cents higher on July 20 at $96.64. USDA’s pork carcass cutout value was...

Corn Rallying at Midday

Corn futures are trading with 7 to 9 cent gains at midday, with spillover support from wheat. The CmdtyView national average Cash Corn price is up 8 1/2 cents at $4.30 3/4. EIA’s weekly Petroleum Status Report showed ethanol production back up 54,000 bpd in the week of 7/17 after...

Dow Analyst Moves: SHW

SHW

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Sherwin-Williams is the #11 analyst pick. Sherwin-Williams also comes in above the median of analyst picks among the broader S&P 5

Wednesday's ETF with Unusual Volume: GMOI

GMOI, ERIC, EQNR, OTEX

The GMO International Value ETF is seeing unusually high volume in afternoon trading Wednesday, with over 826,000 shares traded versus three month average volume of about 53,000. Shares of GMOI were up about 0.7% on the day. Components of that ETF with the highest volume on We

Wednesday's ETF Movers: GDXJ, IGV

NG, NFGC, PEGA, PATH, IGV, GDXJ

In trading on Wednesday, the VanEck Junior Gold Miners ETF is outperforming other ETFs, up about 3.8% on the day. Components of that ETF showing particular strength include shares of Novagold Resources, up about 12.7% and shares of New Found Gold, up about 6.3% on the day. And