$20,000 of IONIS PHARMACEUTICALS INC. lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing. This included lobbying on issues like: “Issues related to the implementation of H.R.5547/S.476 – Maintaining Investments in New Innovation Act and H.R.7384 – Creating Hope Reauthorization Act of 2024. Pediatric …
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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
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 $3.20/ton on the day, with Soy Oil futures 24 to 39 points …
Read More »Stocks Recover as Bond Yields Fall Back
The S&P 500 Index ($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 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
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, 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
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
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 »Coffee Prices Post Moderate Losses on Dollar Strength and Stronger ICE Inventories
March arabica coffee (KCH25) Wednesday closed down -4.05 (-1.26%), and March ICE robusta coffee (RMH25) closed down -63 (-1.26%). Coffee prices Wednesday posted moderate losses, with arabica falling to a 1-week low. Wednesday’s dollar strength weighed on most commodity prices, including coffee. Also, an increase in inventories is bearish for …
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