Its an important day as we await the US jobs report, which is crucial for the Fed’s next policy decisions.

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Arabica Coffee continues to be the most “Expensive and Overbought” market within the agriculture complex. I am planning a short calendar spread that will benefit from a move back to more normal levels.

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

Wheat posted Thursday losses across the three markets. Chicago SRW futures were down 5 to 11 ¾ cents across the board. KC HRW contracts were 4 to 7 3/4 cents lower on the day, with a few deferred contracts slightly higher. MPLS spring wheat was down 2 ¼ to 2...

Corn futures took a break from this week’s rally, as contracts pulled back by 1 to 4 ¼ cents across the board, led by the nearbys. The national average Cash Corn price from cmdtyView was down 4 1/4 cents at $3.96 1/4 per bu. Dryness for much of the US...

Lean hogs ended the Thursday session with nearby contracts down 35 to 50 cents and others up 17 to 42 cents. The national average base hog price was reported at $73.99 on Thursday afternoon, down $1.92 from the previous day. The CME Lean Hog Index was reported at $84.45 on...

Live cattle futures closed the Thursday session with most contracts down a tick to $1.425. This morning’s Central Stockyards Fed Cattle Exchange online auction saw no sale on the 1,614 head offered, with bids of $184-184 via the BidTheGrid™ method. Feeder cattle futures were down 42 to 75 cents in...

Soybean bulls put on a midday push but failed to hold the pop off the lows into the close, as contracts were down 6 ½ to 10 cents. CmdtyView’s national front month Cash Bean price was down 10 cents at $9.83. Soymeal was down $7-$8.50/ton across most contracts. Soy Oil...

Cotton futures closed Thursday 36 to 67 points lower, following a second week of poor export sales data. The dollar index added some pressure, up 285 points. Crude oil futures were up $3.86/barrel on the day on escalating tensions in the Middle East as the world awaits Israel’s response to...

The Nov WTI (CLX24) trading session settled at 73.71 (+3.61) [+5.15%] , had a high of 74.09, a low of 70.52. Cash price is at 70.14 (+0.33), while open interest for CLX24 is at 308,702. CLX settled above its 5 day (70.06), its 20 day (69.16), its 50 day (71.82),...

MB_FV195 BALTIMORE (JESSUP, MD) 03-Oct-2024 Provided by USDA Specialty Crop Market News Service Phone: (559) 977-6875 E-mail: IFMN@usda.gov APPALACHIAN DISTRICT (MD, PA, VA, WV) APPLES FOR PROCESSING. Harrisburg, PA: Mostly Sunny,...

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