Winter storms to disrupt post-Super Bowl workweek
A series of storm systems leading up to the Super Bowl and in the days following the big game will result in widespread impacts across the country, as winter appears to remain hold of the weather pattern for several more weeks.According to the Fox Forecast Center, the first storm system...
National FOB Review
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3 High-Yielding Dividend Kings to Buy to Hand Over Fist
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A Split in the Polar Vortex: Huge Snows Ahead & Implications for Energy Markets and Global Wheat Crop Concerns
Watch Jim’s video about the coldest and snowiest Northeast U.S. February in many years… and the commodity repercussions
Corn Bulls Take Some Risk Off Heading into the Weekend
Corn futures were feeling pressure on Friday, with losses of 3 to 8 cents, as the front months took the brunt of the hit. March still held the gains prior to the Friday session, up 5 ½ cents in the week. The national average Cash Corn price from cmdtyView was...
Hogs Posts Gains on Friday
Lean hog futures closed with contracts up 20 to 60 cents on Friday, as February was up $3.07 on the week. The national average base hog negotiated price was reported at $83.17 on Friday afternoon, down $3.06 from the day prior. The CME Lean Hog Index was reported at $85.05...
Soybeans Fall on Friday
Soybeans were to lower trade on Friday, with losses of 8 to 11 cents in most front months. Nearby March was up 7 ½ cents on the week despite the Friday pressure. CmdtyView’s national front month Cash Bean price was down 11 cents at $9.88 ¾. Soymeal futures were down...
Wheat Closes the Week with Weakness
The wheat complex posted losses on the Friday session. Chicago SRW futures were down 3 to 5 cents in the nearbys on the day, with March up 23 ¼ cents on the week. KC HRW futures were 2 to 4 cents lower in the front months, as March rallied 25...
Cotton Heads into the Weekend on a Lower Note
Cotton futures posted nearby losses of 40 to 41 points on Friday, with March down 25 points on the back and forth week. The outside markets were mixed factors, as crude oil futures were up $0.43/barrel. The US dollar index was adding the pressure, up $0.428 on the day. Commitment...
Cattle Close Mixed on Friday
Live cattle futures closed steady to 30 cents higher across the nearbys on Friday, with February down $3.825 this week. Cash trade was reported at $208 in the North, down $2-4 from last week. Southern sales are coming in at $206, down $2 from the week prior. Feeder cattle futures...