Stocks

Colder US Weather Forecasts Boost Nat-Gas Prices

Colder US Weather Forecasts Boost Nat-Gas Prices

February Nymex natural gas (NGG25) on Wednesday closed up by +0.202 (+5.86%). Feb nat-gas prices rallied sharply Wednesday after updated weather forecasts called for colder US temperatures, which will boost heating demand for nat-gas.  Forecaster Maxar Technologies said Wednesday that Jan 18-22 temperatures will run colder than previously expected for …

Read More »

Soybeans Slip into Wednesday’s Close

Soybeans Slip into Wednesday’s Close

The soybean market fell into the close on Wednesday, as contracts were down 1 to 6 ½ cents at the final bell. CmdtyView’s national front month Cash Bean price was down 2 1/2 at $9.39. Soymeal futures were back down $2.20 to $3.20/ton on the day, with Soy Oil futures 24 to 39 points …

Read More »

Stocks Recover as Bond Yields Fall Back

Stocks Recover as Bond Yields Fall Back

The S&P 500 Index ($SPX) (SPY) Wednesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.04%.  March E-mini S&P futures (ESH25) are up +0.13%, and March E-mini Nasdaq futures (NQH25) are up +0.02%.  Stocks on Wednesday posted modest gains.  Stocks recovered …

Read More »

Wheat Falls on Wednesday

Wheat Falls on Wednesday

Wheat posted losses across the three exchanges on Wednesday. Chicago SRW futures were down 6 to 7 cents in the nearby contracts on the day. KC HRW closed with contracts down 5 to 6 cents. MPLS spring wheat futures were 9 to 10 cents in the red on the session. A couple …

Read More »

Tariff Risk and Higher Bond Yields Lift the Dollar

Tariff Risk and Higher Bond Yields Lift the Dollar

The dollar index (DXY00) Wednesday rose by +0.50% after CNN reported that President-elect Trump is considering declaring a national emergency to push through his tariff plans, which could roil global trade and boost inflation pressures.  The dollar extended its gains after the 10-year T-note yield jumped to an 8-1/2 month …

Read More »

Rockwell Automation’s Q1 2025 Earnings: What to Expect

Rockwell Automation’s Q1 2025 Earnings: What to Expect

Rockwell Automation, Inc. (ROK), founded in 1903 and headquartered in Milwaukee, Wisconsin, is a global leader in industrial automation and digital transformation. With a market cap of $31.8 billion, Rockwell Automation provides innovative solutions and technologies that empower manufacturers to enhance productivity, sustainability, and operational efficiency. The company is set to …

Read More »

Sugar Prices Drop as the Dollar Rallies

Sugar Prices Drop as the Dollar Rallies

March NY world sugar #11 (SBH25) Wednesday closed down -0.21 (-1.08%), and March London ICE white sugar #5 (SWH25) closed down -3.90 (-0.77%). Sugar prices on Wednesday fell to 1-week lows due to under pressure from a stronger dollar.  Over the past three months, sugar prices have been trending lower. …

Read More »

Crude Prices Finish Lower as EIA Inventories Fall Less Than Expected

Crude Prices Finish Lower as EIA Inventories Fall Less Than Expected

February WTI crude oil (CLG25) Wednesday closed down -0.93 (-1.25%), and February RBOB gasoline (RBG25) closed down -0.0164 (-0.81%). Crude prices Wednesday fell back from a 3-month high and posted moderate losses.  Wednesday’s dollar strength was bearish for energy prices.  Crude added to its losses Wednesday on a bearish weekly …

Read More »