Dollar Recovers as T-note Yields Rise

The dollar index (DXY00) recovered from a 1-week low on Friday and finished up by +0.07%. The fragile and uncertain situation in the Middle East is supporting safe-haven demand for the dollar today after Iran vowed to r…

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Why WD-40 Stock Popped Today

Shares of WD-40 (NASDAQ: WDFC) spiked on Friday after the household and industrial products maker delivered profits that handily exceeded investors' expectations.

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Rising Margin Requirements Hammer Coffee Prices

Coffee prices settled sharply lower on Friday, continuing the volatile price swings seen this week. After Intercontinental Exchange (ICE) raised margin requirements for trading coffee futures twice this week, liquidity …

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Wheat Leads the Grains Rally on Friday

The wheat complex was in rally mode on Friday, closing with double digit strength across the three exchanges. Chicago SRW contracts was 15 ¼ to 20 ¾ cents in the green on the day, with nearby September up 40 ½ cents on …

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Crude Oil Weakness Spurs a Slump in Sugar Prices

Sugar prices fell sharply on Friday, with London sugar posting a 1.5-week low. Friday’s -1% fall in crude oil prices (CLQ26) weighed on sugar prices. Lower crude oil prices undercut ethanol prices and could persuade glo…

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Rising Margin Requirements Hammer Coffee Prices

Coffee prices settled sharply lower on Friday, continuing the volatile price swings seen this week. After Intercontinental Exchange (ICE) raised margin requirements for trading coffee futures twice this week, liquidity …

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Wheat Rallying on Friday with Russian Rumors

The wheat complex is trading with double digit gains across most contracts on Friday. Chicago SRW contracts are trading with 19 to 23 1/2 cent gains at midday. There were 2 deliveries against CBT wheat overnight, with 5…

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Corn Rallying Out of Bull Friendly USDA Report

Corn futures are trading with 6 to 8 cent gains so far on Friday following friendlier then expected USDA data. There were 12 deliveries issued against July overnight. The CmdtyView national average Cash Corn price is 6 …

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