June S&P 500 futures (ESM23) are up +0.63%, and June Nasdaq 100 E-Mini futures (NQM23) are up +1.74% this morning after three major U.S. benchmark indices finished the regular session in the red as talks...
The front month cotton futures dropped 1.9% to 3.3% on Wednesday with losses of as much as 273 points. July futures are still 119 points above last week’s low. The market continues to fret about the...
Lean hogs were mixed with gains for the deferred contracts and 2 to 87 cent losses in the summer months. July futures were still at a net $9.97 premium to Dec at the close. USDA’s National Average Base...
Live cattle ended the session ~40 cents off their highs on $0.60 to $1.82 gains. The June contract flipped back to net positive for the week’s net move after fading Monday and Tuesday, and saw a new...
Front month wheat futures fell double digits on Wednesday. For SRW, that left the market 2% to 2.6% lower as July got back near the $6 mark. KC Wheat futures ended the session 18 1/2 to 29 1/4 cents in...
Soybean futures were mostly lower, but July ended the midweek 2 cents in the black. July futures saw a 21 3/4 cent range on Wednesday from -6 1/2 to +15 1/4. The other nearby futures were 2 to 3 cents...
Corn and oats futures stood out as several of the ag futures fell on Wednesday. The front month corn futures were off their highs by as much as 7 cents, but were still 2 to 9 3/4 cents higher at the close....
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.73%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.77%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed...
Petco Health and Wellness reported Q1 2023 earnings on Wednesday. Its stock got hit hard, but so too did Chewy. While Petco took the bigger hit, neither is a slam dunk in the future.Â
The dollar index (DXY00 ) on Wednesday rose by +0.35% and posted a 2-month high. Hawkish comments Wednesday from Fed Governor Waller were supportive of the dollar when he said he “does not support stopping...
