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Cattle Mixed but Mostly Higher on Thursday

Live cattle futures are mixed at midday, with the front months down 12 to 25 cents and other contracts 7 to 62 cents higher. Cash action has been quiet so far this week. The Central Stockyards Fed Cattle...

LEJ24 : 180.825 (-0.04%)
LEM24 : 175.150 (-0.10%)
LEQ24 : 173.350 (+0.33%)
GFJ24 : 241.500 (+0.45%)
GFK24 : 242.100 (+0.76%)
GFQ24 : 253.950 (+0.72%)
Hogs Feeling Heavy on Thursday

Hogs are trading 40 cents to $1 lower across most contracts on Thursday’s session. USDA’s National Average Base Hog negotiated price was $2.04 at $90.49 in the Thursday morning report. The CME Lean...

HEK24 : 94.550 (-0.40%)
HEM24 : 102.000 (-0.71%)
HEN24 : 103.575 (-0.70%)
Cotton Continue Collapse at Midday

The cotton market is down 59 to 168 points across most contracts on Thursday. The death spiral liquidation continues for May, as longs get out before deliveries, with rest of the contracts following along....

CTK24 : 78.40 (-1.46%)
CTN24 : 80.85 (-0.59%)
CTZ24 : 77.67 (-1.11%)
Soybeans Pushing Lower at Midday

Soybeans are trading in the red on Thursday, posting new daily lows at midday, with losses of 9 to as much as 13 cents. Soymeal is slipping lower, with May down 50 cents and July $2.0/ton lower. Soy Oil...

ZMN24 : 337.5 (-0.68%)
ZLN24 : 44.88 (-1.49%)
ZSK24 : 1137-4 (-1.04%)
ZSPAUS.CM : 10.8379 (-1.08%)
ZSN24 : 1152-0 (-1.05%)
ZSX24 : 1151-6 (-0.82%)
ZSPX24US.CM : 10.9140 (-0.86%)
Corn Weaker Following Export Sales Data

Corn futures are pushing lower at midday despite an initial surge higher at the 8:30 am CDT morning open. They are currently down 2 to 4 cents across most front months on Thursday. USDA’s Export Sales...

ZCK24 : 428-0 (-0.52%)
ZCPAUS.CM : 4.1144 (-0.49%)
ZCN24 : 437-4 (-0.79%)
ZCZ24 : 461-2 (-0.75%)
ZCPZ24US.CM : 4.2982 (-0.76%)
Wheat Rebounding Higher on Thursday

The wheat markets are trying to recover from the Wednesday weakness, as futures try to push higher at midday. Chicago is running low on fuel, with gains limited to just 1 to 3 cents. Kansas City is up...

ZWK24 : 537-6 (+0.14%)
ZWN24 : 553-6 (+0.27%)
KEK24 : 578-2 (+0.96%)
KEN24 : 575-4 (+1.14%)
MWK24 : 640-2 (+1.11%)
Sugar Prices Rebound as Conab Cuts its Brazil Sugar Production Estimate

May NY world sugar #11 (SBK24 ) this morning is up +0.28 (+1.45%), and Aug London ICE white sugar #5 (SWQ24 ) is up +11.40 (+2.04%). Sugar prices this morning moved higher as short covering emerged in...

SBN24 : 19.54s (+1.40%)
SWQ24 : 568.80 (+1.70%)
Bitcoin Halving: Price on Half, or Price Will Double?

Looking at different times when crypto went through a halving, which cuts the reward for mining in half, the reaction in price right after isn’t always the same. After the 2012 halving, prices shot up,...

Cocoa Prices Surge as Global Cocoa Demand Remaina Resilient

May ICE NY cocoa (CCK24 ) this morning is up +930 (+8.99%), and May ICE London cocoa #7 (CAK24 ) is up +898 (+10.16%). Cocoa prices this morning catapulted sharply higher to new all-time highs. Cocoa...

CCN24 : 11,033 (+9.61%)
CAN24 : 9,418s (+9.70%)
Coffee Prices Retreat as Long Liquidation Emerges

May arabica coffee (KCK24 ) this morning is down -5.55 (-2.24%), and May ICE robusta coffee (RMK24 ) is down -110 (-2.60%). Coffee prices this morning gave up an early advance and moved lower after a stronger...

KCN24 : 231.75 (-3.58%)
RMN24 : 4,062s (-3.17%)

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Stocks Rise Before the Open With Earnings in Focus, U.S. Economic Data and Fed Speak on Tap Related Stocks: $AA $CSX $EFX $NFLX $UAL https://t.co/ew8nyEFbJX
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Taiwan Semiconductor $TSM beats first-quarter earnings expectations due to strong demand for its AI chips. Look to see whether this helps Nvidia $NVDA in pre-market trading 👀 https://t.co/ua0fcoF0F1
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Japanese Yen has fallen to its weakest value against the Chinese Yuan in more than 30 years 👀 https://t.co/CWvEc12SVi
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Brent Crude Oil Call Options Volume hit an all-time high of ~350,000 contracts on Monday https://t.co/wt5IQYMPx4
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The U.S. Dollar Index's $DXY 6-day green streak that ended this week was its longest winning streak since August https://t.co/V0jlvbFKmu
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Oil to $250 by June? Some traders think so 🤔 https://t.co/1PfVNJdYER
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U.S. Treasury cash piles jumps to $897 billion, its highest level in 23 months https://t.co/ytYRyYgN3K
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S&P 500 $SPX will finish the year at 4,750 cautions Evercore https://t.co/cIC6yPuT2j
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Equity Risk Premium (the benefit of owning stocks over treasuries) has fallen to its lowest level in 22 years https://t.co/gmWQyoNiGy

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Chart of the Day

The Charles Schwab Corp (SCHW)

The Barchart Chart of the Day belongs to The Charles Schwab Corp (SCHW) . I found the stock by using Barchart.com to find the "Barchart New Highs" page, and then I clicked on pull-down to select stocks with new 52-week highs. I then viewed the stocks on the list with...
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Major Market Indices

Symbol Last %Chg
$SPX 5,023.86 +0.03%
S&P 500 Index
$NASX 15,673.54 -0.06%
Nasdaq Composite
$DOWI 37,787.42 +0.09%
Dow Jones Industrials Average
$ONE 2,384.86 +0.06%
S&P 100 Index

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