March arabica coffee (KCH25) on Friday closed up +1.25 (+0.39%), and January ICE robusta coffee (RMF25) closed down -50 (-0.99%). Coffee prices were mixed Friday, with underlying support from a weaker dollar. In addition, consultancy group Safras & Mercado Friday estimated the 2025/26 Brazilian coffee crop at 62.45 million bags, …
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Wheat Getting Pulled Higher at Midday
Wheat futures are trading with slight gains at Friday’s midday. Chicago SRW futures are up 11 to 2 cents in most contracts so far on the day. KC HRW contracts are 2 to 3 cents back higher at midday. MPLS spring wheat futures are back up 3 to 4 cents in the front …
Read More »Crude Prices Fall on US Government Shutdown Threat and US-EU Trade Concerns
January WTI crude oil (CLF25) on Friday closed down -0.67 (-0.95%), and January RBOB gasoline (RBF25) closed up +1.84 (+0.95%). Crude oil prices fell Friday due to concern about the possibility of an all-out US-EU trade war after incoming-President Trump said Friday he would slap tariffs on the EU if …
Read More »Wheat Manages to Close Mixed on Friday
The wheat market went into the weekend on a mixed note, as the soft red contracts failed to push higher. Chicago SRW futures were steady to down 1 ½ cents across the board on the day, as March was down 19 ¼ cents this week. KC HRW contracts were fractionally to 2 …
Read More »Cocoa Prices Continue to Retreat on Long Liquidation Pressure
March ICE NY cocoa (CCH25) on Friday closed down -153 (-1.26%), and March ICE London cocoa #7 (CAH25) closed down -173 (-1.79%). Cocoa prices Friday fell sharply, adding to Thursday’s decline, as long liquidation pressure emerged after NY cocoa on Wednesday posted an all-time nearest-futures high and London cocoa posted …
Read More »Corn Rallies on Friday
Corn futures closed out the Friday session on a high note, as futures rallied o close out the week. Contracts were up anywhere from a penny to 5 ½ cents. March finished the week with a 4 ¼ cent gain. The national average Cash Corn price from cmdtyView was up 5 3/4 …
Read More »Stocks Rally on Dovish PCE Inflation Report
The S&P 500 Index ($SPX) (SPY) on Friday closed up +1.30%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.23%. March E-mini S&P futures (ESH25) rose +1.08%, and March E-mini Nasdaq futures (NQH25) rose +0.86%. Stocks turned higher Friday on the dovish US PCE …
Read More »Nat-Gas Prices Surge on Cold US Weather Outlook for January
January Nymex natural gas (NGF25) on Friday closed up +0.116 (+3.52%), adding to Thursday’s rally of +5.81%. Jan nat-gas prices rallied sharply on Friday and extended this week’s rally to a 1-month high. Prices rallied on the prospects for colder US temperatures that would boost heating demand for nat-gas. EBW …
Read More »Huntington Bancshares Stock: Is HBAN Outperforming the Financial Sector?
Columbus, Ohio-based Huntington Bancshares Incorporated (HBAN) operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. Valued at a market cap of $23.1 billion, the company offers various financial products and services including deposits, lending, payments, mortgage …
Read More »Arabica Coffee Recovers on Weaker Dollar and Smaller Brazilian Crop
March arabica coffee (KCH25) today is up +0.70 (+0.22%), and January ICE robusta coffee (RMF25) is down -48 (-0.95%). Coffee prices are mixed today, with underlying support from a weaker dollar. In addition, consultancy group Safras & Mercado today estimated the 2025/26 Brazilian coffee crop at 62.45 million bags, down …
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