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Wheat Sitting at 2-Month Highs

The wheat complex is continuing to rally at midday, nearing the highest prices since February. Kansas City continues to lead the charge, with gains of 13 to 17 cents. Chicago contracts are up 10 to 13...

ZWK24 : 597-4 (+2.14%)
ZWN24 : 616-0 (+2.20%)
KEK24 : 624-6 (+2.63%)
KEN24 : 630-4 (+2.65%)
MWK24 : 676-4 (+1.50%)
Cotton Leaking Lower with Outside Market Pressure

Cotton futures are down 24 to 40 points at midday, with May up 18 on thin trade. The outside market influences are putting pressure on the market at midday, with crude oil down 47 cents/barrel and the...

CTK24 : 80.22s (+0.22%)
CTN24 : 81.24 (-0.59%)
CTZ24 : 77.75 (-0.42%)
Corn Turns Lower Following Drop to Ethanol Production

Corn futures are pulling back in the front months on Wednesday, with losses of 1 to 2 cents. New Crop December is up ½ cent at midday. EIA’s weekly petroleum report tallied ethanol production at 954,000...

ZCK24 : 440-6 (-0.51%)
ZCPAUS.CM : 4.2520 (-0.52%)
ZCN24 : 451-0 (-0.33%)
ZCZ24 : 474-6 (unch)
ZCPZ24US.CM : 4.4358 (unch)
Hogs Mixed on the Midweek Session

Lean hogs are mixed on Wednesday, with losses of 30 to 85 cents in the front months and a couple fall contracts 10 to 22 cents higher. USDA’s National Average Base Hog negotiated price was up 29 cents...

HEK24 : 97.750 (-0.84%)
HEM24 : 107.775 (-0.16%)
HEN24 : 110.000 (+0.05%)
Soybeans Retreating from Highs at Midday

Soybeans prices are showing 3 to 5 cent gains in the nearbys on Wednesday. Soymeal is posting strength to lead the complex higher, up $4.80 to $5.20/ton, with Soy Oil back down 59 to 63 points. USDA did...

ZMN24 : 350.5 (+1.27%)
ZLN24 : 45.32 (-1.22%)
ZSK24 : 1169-4 (+0.17%)
ZSPAUS.CM : 11.1733 (+0.19%)
ZSN24 : 1184-6 (+0.23%)
ZSX24 : 1176-4 (+0.21%)
ZSPX24US.CM : 11.1613 (+0.23%)
Cattle Posting Midday Losses Amid More BIAV Fallout

Live cattle are slipping lower on Wednesday, with midday losses of $1.37 to $2.30. Cash action has been negligible thus far. Last week’s trade was $183-184 live and $292 dressed in the North, steady...

LEJ24 : 182.025 (-0.72%)
LEM24 : 175.300 (-1.04%)
LEQ24 : 173.600 (-1.08%)
GFJ24 : 243.275 (-0.19%)
GFK24 : 244.450 (-0.65%)
GFQ24 : 257.100 (-0.89%)
Sugar Prices Mildly Higher on Consolidation After Recent Losses

May NY world sugar #11 (SBK24 ) this morning is up +0.09 (+0.45%), and Aug London ICE white sugar #5 (SWQ24 ) is up +2.60 (+0.45%). Sugar prices today are mildly higher as they consolidate recent losses....

SBN24 : 19.63 (-0.15%)
SWQ24 : 574.60 (+0.24%)
Cocoa Prices Jump as Global Supplies Expected to Remain Tight in the Near Term

May ICE NY cocoa (CCK24 ) this morning is up +365 (+3.45%), and May ICE London cocoa #7 (CAK24 ) is up +339 (+3.59%). Cocoa prices today are sharply higher on the outlook for global cocoa supplies to remain...

CCN24 : 11,270 (+7.91%)
CAN24 : 9,487s (+4.10%)
Robusta Coffee Surges to a Record High on Coffee Crop Concerns in Vietnam

July arabica coffee (KCN24 ) today is up +4.40 (+1.98%), and May ICE robusta coffee (RMK24 ) is up +292 (+6.91%). Coffee prices today are moving higher, with robusta soaring to a new record high. Robusta...

KCN24 : 225.90 (+1.83%)
RMN24 : 4,266s (+3.62%)
Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis

Boeing is reporting a $355 million loss for the first quarter

BA : 166.95 (-1.32%)
$SPX : 5,054.59 (-0.31%)
$DOWI : 38,386.38 (-0.30%)
$IUXX : 17,468.71 (-0.02%)

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Today's 4 Stock Market Movers: $TSLA $HAS $HLT $TDY https://t.co/WkHj47Upxm
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$META on its way to today's earnings announcement https://t.co/szHW8k5cqY
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The U.S. is headed for a financial crisis because of soaring national debt warns billionaire investor Leon Cooperman https://t.co/fwh3w9j0Rz
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The pullback in U.S. Stocks isn't over warns Goldman Sachs which notes that CTAs are modeled to sell stocks no matter what 👀 https://t.co/1OMgixwsYZ
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Morgan Stanley's Mike Wilson has finally capitulated!! 🚨🚨 After being wrong about everything over the last 18 months, Wilson has decided to no longer make bold predictions about the S&P 500 $SPX 😂 https://t.co/9PUVLuNYWm https://t.co/jbcZxwuvMp
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Goldman Sachs $GS hits record high closing price https://t.co/IuKQcW1RyQ
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Chinese Corporate Bond Yields fall to lowest level in history https://t.co/YTtHZYv43b
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Options market now implying a 20% chance that the Federal Reserve will raise interest rates within the next 12 months. We've gone from 6 cuts to 4 cuts to 3 cuts to 2 cuts to 0 cuts to a rate hike in half a year 😂 https://t.co/YWbsMAsXsb
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Which of the following assets would you rather own? Bitcoin $BTC Gold Cash
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Gold Trading Volume in China has exploded to 5x the average in 2023 https://t.co/gyneeHDXvK

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Chart of the Day

Allstate Corp (ALL)

The Chart of the Day belongs to the P&C insurance company Allstate (ALL) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...
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Major Market Indices

Symbol Last %Chg
$SPX 5,054.77 -0.31%
S&P 500 Index
$NASX 15,669.39 -0.17%
Nasdaq Composite
$DOWI 38,387.75 -0.30%
Dow Jones Industrials Average
$ONE 2,394.26 -0.31%
S&P 100 Index

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