Stocks

March NY world sugar #11 (SBH25) Tuesday closed up +0.13 (+0.68%), and March London ICE white sugar #5 (SWH25) closed up +376 (+0.72%). Sugar prices Tuesday recovered from early losses and are settled moderately higher.  Tuesday’s rally in WTI crude oil (CLG25) to an 8-week high sparked short covering in …

Live cattle futures are trading with contracts up $1 to $1.25 in most contracts as Dec expires today. Cash trade has yet to kick off this week, as last week’s sales were reported at $192-193 in the South, up $1-2, and $196-197 in the North, $1-2 higher. Feeder cattle futures are rallying …

The wheat market is trading close to unchanged on Tuesday’s midday. Chicago SRW futures are steady at midday with fractional gains in the front months. KC HRW contracts are also facing steady trade at midday, with contracts firm to slightly higher. MPLS spring wheat futures are also fractionally higher. Export Inspections …

Corn futures are rallying into the end of 2024, as contracts are up 3 to 5 cents at midday on New Years Eve. The national average Cash Corn price from cmdtyView is up 2 1/2 cents at $4.26 3/4. The market will be closed on Wednesday, with a hard 8:30 am …

March arabica coffee (KCH25) today is down -5.70 (-1.78%), and March ICE robusta coffee (RMH25) is down -59 (-1.20%). Coffee prices today added to Monday’s losses, with arabica and robusta falling to 3-1/2 week lows.  Coffee prices are under pressure after recent above-average rain in Brazil eased drought concerns.  Somar …

With a market cap of $467.3 billion, Minnetonka, Minnesota-based UnitedHealth Group Incorporated (UNH) is a diversified healthcare company offering a wide range of health care products and services. Operating through its UnitedHealthcare and Optum segments, the company provides health benefits, care delivery, technology-enabled health services, and pharmacy care programs to a …

The dollar index (DXY00) today is up by +0.06%.  The dollar saw support today from weakness in the yuan, which fell to a 14-month low against the dollar as China’s Dec manufacturing PMI fell -0.2 to 50.1, weaker than expectations of 50.2.  The dollar added to its gains after today’s …

The wheat market is trading with Tuesday AM gains across the three exchanges. Wheat posted mixed action across the three markets on Monday with the spring wheat market the weakest. Chicago SRW futures were up 2 to 3 cents on the session. KC HRW contracts were down 1 to 2 …

In trading on Tuesday, shares of Blue Owl Capital Corporation (Symbol: OBDC) crossed below their 200 day moving average of $15.36, changing hands as low as $15.03 per share. Blue Owl Capital Corporation shares are currently trading up about 0.6% on the day. The chart below shows the one year …

Cotton prices are 12 to 15 points lower so far on Tuesday morning. Futures ended the Monday session with contracts down 37 to 41 points on the day.  The outside factors were mixed on the day as the US dollar index was up 45 points, with crude oil $0.53/barrel higher. …