Market Overview

Commodities

  • Texas Petroleum-Owned Platform Catches Fire In Gulf Of Mexico

    2015 May 22, 12:18pm Gulf of Mexico, News, Texas Petroleum, U.S. Coast Guard, USO, Commodities, Events, Markets

    Update, 01:09:00pm: In a statement, Texas Petroleum said, "The production platform where the fire occurred gathers oil and then pumps it through a pipeline so there is little oil stored on site and all wells feeding the platform have been shut down. Our company is working with the Coast...

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  • Live Cattle Little Changed Ahead Of USDA Data

    2015 May 22, 10:57am cattle, Futures, Commodities, Markets

    The USDA will release its monthly Cattle on Feed and cold storage reports today at 12:00 p.m. ET. Live Cattle futures are little changed during early trading on Friday. June Live Cattle is trading at 152.20, down 0.17. August Cattle is trading at 150.75, down 0.15. October cattle is trading at 152....

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  • Lean Hogs Little Changed Ahead Of USDA Data

    2015 May 22, 10:55am hogs, Futures, Commodities, Markets

    The USDA will release its monthly cold storage report today at 12:00 p.m. ET. Trading is choppy and range-bound. June Hogs are trading at 83.82, up 0.02. July Lean Hogs are trading at 83.87, up 0.5 and October Lean hogs are trading at 73.80, down 0.12.

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  • Corn Moves Lower

    2015 May 22, 10:43am corn, Futures, Commodities, Markets

    July Corn is trading at 361 1/4, down 3 3/4 cents. December Corn is trading at 378 1/2, down 3 3/4 cents. Market talk about good growing weather and some chatter about currency values has led to some selling on Friday after a firm open. U.S. agricultural futures are closed Monday in observance of...

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  • Wheat Moves Down

    2015 May 22, 10:32am Wheat, Futures, Commodities, Markets

    Wheat Futures have moved lower on the session erasing some early gains. July Chicago Wheat is trading at 518, down 4 cents. July Kansas City Wheat is trading at 554 1/2, down 3 1/4 cents. Chatter about weather and currency values has kept traders active during a choppy pre-holiday trading session.

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  • N.Y. Coffee Little Lower

    2015 May 22, 10:25am sugar, Futures, Commodities, Markets

    Coffee futures are trading lower Friday after showing some early gains. July Coffee is trading at 126.85, down 1.60. September Coffee is trading at 129.75, down 1.50. Market talk about a large Coffee crop out Brazil and other Southern Hemisphere countries continues to keep sellers active on rallies.

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  • Sugar Little Lower

    2015 May 22, 10:17am sugar, Futures, Commodities, Markets

    N.Y. Sugar futures are trading a little lower on the session after showing some early gains on Friday. July Sugar is trading at 12.37, down 13. October Sugar is trading at 12.72, down 0.13. Chatter about weaker large supplies and positioning before the holiday has led to some selling.

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  • Live Cattle Little Lower

    2015 May 22, 9:36am cattle, Futures, Commodities, Markets

    June Live Cattle is trading at 152.17, down 0.20. August Cattle is trading at 150.77, down 0.12. October cattle is trading at 152.57, down 0.05. The USDA will release its monthly Cattle on Feed report at 12:00 noon ET. U.S. agricultural futures are closed on Monday in observance of the Memorial...

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  • Lean Hogs Little Changed

    2015 May 22, 9:36am Futures, Commodities, Markets

    June Hogs are trading at 83.70, down 0.07. July Lean Hogs are trading at 83.75, down 0.10 and October Lean hogs are trading at 73.65, down 0.27. U.S. agricultural futures are closed on Monday in observance of the Memorial Day Holiday. Chatter about positioning before the holiday may lead to choppy...

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  • Time To Buy 'Big, Old And Ugly' Energy Stocks?

    2015 May 22, 7:06am Analyst Color, Bank of America, CVX, Energy forecast, energy stocks, HP, Long Ideas, XOM

    Bank of America released a new report this week with its updated take on the energy sector. According to the report, analysts now believe that the bottom is in for crude oil prices, and it’s time to start selectively buying back into energy stocks. The Worst Is Over Bank of America...

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  • U.S. Dollar Index Lower

    2015 May 22, 6:58am dollar, Commodities, Forex, Markets

    The June U.S. Dollar Index is trading at 94.94, down 0.38. Trading is weak and some buyers are seen near 94.45. Market talk about U.S. CPI data set for release at 8:30 a.m. ET. is making the rounds. Market chatter about possible comments by members of the U.S. Federal reserve is making the rounds.

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  • Wheat Little Higher

    2015 May 22, 6:56am Wheat, Futures, Commodities, Markets

    Wheat Futures are trading a little higher Friday morning. July Chicago Wheat is trading at 528 1/2, up 6 1/2 cents. July Kansas City Wheat is trading at 563 3/4, up 6 cents. Chatter about wet weather in the plains and dry weather in Russian and Canadian growing regions has been making the rounds....

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  • Corn Little Higher

    2015 May 22, 6:55am corn, Futures, Commodities, Markets

    July Corn is trading at 367 1/2, up 2 1/2 cents. December Corn is trading at 384 3/4, up 2 1/2 cents. The USDA reported that weekly Corn export sales were 893,200 tons. Chatter about weather has kept trading active. U.S. agricultural futures are closed on Monday in observance of the Memorial Day...

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  • Soybeans Little Changed

    2015 May 22, 6:54am soybeans, Futures, Commodities, Markets

    July Soybeans are trading at 939, up 1/2 cent. November Soybeans are trading at 920, up 1 1/2 cents. July Soybean Oil is trading at 32.17, down 0.08. July Soymeal is trading at 305.2, up 1.1. The USDA reported that weekly export sales for soybeans 243,000 tons. Soymeal sales were 100,800 tons....

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  • Cotton Little Changed

    2015 May 22, 6:53am cotton, Futures, Commodities, Markets

    July Cotton is trading at 63.75, up 0.02. December Cotton is trading at 64.75, up 0.05. Chatter about U.S. crops and weather has kept trading range-bound. N.Y. Soft Commodities are closed on Monday in observance of the Memorial Day Holiday. Chatter about positioning before the holiday may lead to...

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