Stocks

Cotton futures ended the Thursday trade session with contracts 10 to 32 points lower at the close. The outside markets were negative factors, with the US dollar index up another 401 points and crude oil back down $0.79/barrel. Export Sales data tallied upland cotton bookings improving to 194,895 RB for 2024/25, …

The dollar index (DXY00) Thursday rose by +0.36% and posted a 2-year high. The dollar recovered from early losses Thursday and moved higher on better-than-expected US economic news.  The dollar also had carryover support from Wednesday when the FOMC signaled only 50 bp of interest rate cuts next year, down from …

The corn market took back most of the losses from Wednesday, with contracts closing steady 3 ½ cents higher. The national average Cash Corn price from cmdtyView was up 3 1/4 cents at $4.11 1/4. Export Sales data released this morning showed a total of 1.175 MMT of 2024/25 corn sold for …

Soybeans recouped some of the losses from Wednesday, as contracts closed with gains of anywhere from 4 ¾ to 13 ½ cents across the board, led by the nearbys. CmdtyView’s national front month Cash Bean price was up 11 cents at $9.12. Soymeal futures were up $3.10 to $4.90/ton. Soy Oil futures closed 17 …

Lean hog futures posted mixed trade, with contracts mostly down 7 to 55 cents, as a couple spring contracts were up a nickel.  The national average base hog negotiated price was reported at $79.45 on Thursday afternoon, up $1.42 from the day prior. The CME Lean Hog Index was reported at …

The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.09%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.47%.  Dec E-mini S&P futures (ESZ24) are down -0.09%, and Dec E-mini Nasdaq futures (NQZ24) are down -0.48%. Stock indexes on Thursday gave up an early …

Cotton futures are trading with 17 to 26 point losses at midda. The outside markets were negative factors, with the US dollar index up another 431 points at midday and crude oil back down $0.65/barrel.  Export Sales data tallied upland cotton bookings improving to 194,895 RB for 2024/25, a 3-week high. …

March NY world sugar #11 (SBH25) Thursday closed down -0.25 (-1.27%), and March London ICE white sugar #5 (SWH25) closed down -2.40 (-0.47%). Sugar prices Thursday extended this week’s sharp losses, with NY sugar posting a 3-month low and London sugar posting a 4-month low.  Sugar came under further pressure …

Valued at a market cap of $30.9 billion, Buffalo, New York-based M&T Bank Corporation (MTB) is a prominent bank holding company founded in 1856. M&T Bank’s offerings include loans, deposit products, investment services, and financial management solutions, emphasizing a comprehensive approach to meeting diverse financial needs. Companies valued at $10 billion …

The wheat complex is showing losses as the market trades through the midday session. Chicago SRW futures are down 8 to 9 cents in the nearbys. KC HRW contracts are 6 to 7 cents lower on the day. MPLS spring wheat futures are trading 6 to 7 cents in the red. The USDA …