Market News
Oats measured after roll to July expiration
TradeGuidance50 minutes ago
We analyze a potential trade with Oats
TLT Is Coming Into Key Support Within A Corrective Decline
Wavetraders1 hour ago
TLT Is Coming Into Key Support Within A Corrective Decline, from where we should be aware of a continuation higher.
Elliott Wave Intraday Analysis on GBPUSD Shows 5 Waves Bullish Impulse
Elliott Wave ForecastThu Apr 25, 9:09AM CDT
Elliott Wave view on (GBPUSD) suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828. Correction in wave (2) unfolded as an expanded flat Elliott Wave structure. Down from wave (1), wave A ended at 1.2519 and wave B ended at 1.2894
Staying Ahead of the Yield Curve
CME GroupThu Apr 25, 8:30AM CDT
Learn more about the popular 2/10 spread and how you can trade a steeper or flatter curve with futures contracts.
USDA Shows Slight Build to Pork Stocks
BarchartThu Apr 25, 7:31AM CDT
Lean hogs closed the midweek session with contracts a dime to $1.22 lower, as August was the lone exception, up a nickel. USDA’s National Average Base Hog negotiated price was down 36 cents on Wednesday afternoon, at $91.49. The CME Lean Hog Index was up 14 cents on April 22...
Corn Squeezing Out Overnight Gains
BarchartThu Apr 25, 7:31AM CDT
Overnight action in the corn market was lightly higher with prices up fractionally this morning. Corn futures extended the front month losses into the close, as contracts through Dec were down 2 to 5 ¼ cents. For 2025 contracts and beyond, trade closed with contracts with in 1 ¾ cents...
Cattle Look to Thursday Trade Following Midweek Drop on H5N1 Virus News
BarchartThu Apr 25, 7:31AM CDT
Live cattle ended the day with weakness, as contracts were down $1.20 to $2.12 on Wednesday. Yesterday morning’s Fed Cattle Exchange auction saw no sales on the 894 head listed, with bids of $181 and asks of $184. A few cash sales in the South popped up on Wednesday at...
Cotton Posing Thursday Morning Gains
BarchartThu Apr 25, 7:31AM CDT
Cotton futures are 8 to 15 points higher this morning. They were down anywhere from 39 to 187 points on Wednesday. The outside market influences were there, with crude oil down 54 cents/barrel and the US dollar index up 160 points. Export Sales data will be released later this morning,...
Soybeans Slipped Lower on Wednesday, Continues Similar Attitude This Morning
BarchartThu Apr 25, 7:31AM CDT
Soybeans are trading 4 to 6 cents lower following the overnight trade. They faded the earlier morning strength, as contracts were mixed but well off the highs. Futures closed with contracts anywhere from down 1 ½ to up a penny. Soymeal posted some gains, with contracts 80 cents to $3.70/ton...
Wheat Continuing Trend Higher to Start Thursday
BarchartThu Apr 25, 7:31AM CDT
The wheat complex is posting sightly higher after a round of overnight trade. Wheat continues to lead the grains bull charge this week. Kansas City futures were up 10 ¾ to 16 ¾ cents on the session. Chicago contracts were up 9 ½ to 12 cents at the close. Spring...
Grain Spreads: Beans Hit 50% Retracement
Walsh TradingWed Apr 24, 5:15PM CDT
Beans Hit Target and Fail for Now
Crude Oil Volatility with Geopolitical Events
OptionMetricsWed Apr 24, 4:56PM CDT
How might geopolitical event affect crude oil and other commodities? Since implied volatility is a measure of future uncertainty and anxiety, it can be used to help to understand the long term effects of geopolitical events on the market, both current, and for months in the future (using the implied volatility forward curve). The shape of the curve, as well how much it has shifted, can then imply how seriously the market might be taking each geopolitical event.
Soybeans Falter to Weakness on Wednesday
BarchartWed Apr 24, 4:54PM CDT
Soybeans faded the earlier morning strength, as contracts were mixed but well off the highs. Futures closed with contracts anywhere from down 1 ½ to up a penny. Soymeal posted some strength on the day, with contracts 80 cents to $3.70/ton higher. Soy Oil was back down to close with...
Hogs Close Mostly Lower, USDA Shows Slight Build to Pork Stocks
BarchartWed Apr 24, 4:54PM CDT
Lean hogs closed the midweek session with contracts a dime to $1.22 lower, as August was the lone exception, up a nickel. USDA’s National Average Base Hog negotiated price was down 36 cents on Wednesday afternoon, at $91.49. The CME Lean Hog Index was up 14 cents on April 22...