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Hogs Shooting Higher on Tuesday

Lean hogs are posting $1.25 to $2.15 gains on Tuesday. USDA’s National Average Base Hog negotiated price was up 70 cents from the Monday afternoon print, at $91.01 on Tuesday morning. The CME Lean Hog...

HEK24 : 98.375 (+1.73%)
HEM24 : 107.925 (+2.30%)
HEN24 : 109.775 (+1.95%)
Cattle Reversing Action on Turnaround Tuesday

Live cattle are back down $1 to $1.32 on Tuesday’s midday. Cash action was negligible on Monday, with showlists being compiled. Last week’s trade was $183-184 live and $292 dressed in the North, steady...

LEJ24 : 182.450 (-0.75%)
LEM24 : 176.475 (-0.88%)
LEQ24 : 174.925 (-0.84%)
GFJ24 : 243.575 (+0.28%)
GFK24 : 245.475 (+0.12%)
GFQ24 : 258.750 (+0.11%)
Wheat Extending Strength on Deteriorating Crop Conditions

The wheat market is continuing the push higher at midday. Chicago contracts are 7 to 10 cents higher so far. Kansas City is trading 8 to 9 ½ cents in the green. MPLS is bringing up the rear, but still...

ZWK24 : 580-4 (+1.80%)
ZWN24 : 598-2 (+1.83%)
KEK24 : 606-0 (+1.42%)
KEN24 : 612-4 (+1.66%)
MWK24 : 662-2 (+0.99%)
Cotton Pushing Back Lower at Midday

The cotton market showing losses on Turnaround Tuesday, to continue the slide with 25 to 131 point losses. They are shrugging off outside market strength, with crude oil up $1.02 at midday and the US dollar...

CTK24 : 79.41 (-0.79%)
CTN24 : 81.55 (-1.06%)
CTZ24 : 78.05 (-0.56%)
Soybeans Slightly Higher on Tuesday

Soybean futures are up anywhere from fractionally in the new crop months to 4 cents in the nearbys at midday. Soymeal is down 20 cents to $1 so far, with Soy Oil showing 28 to 30 point gains. Soybean planting...

ZMN24 : 345.2 (+0.12%)
ZLN24 : 45.88 (+0.48%)
ZSK24 : 1165-0 (+0.34%)
ZSPAUS.CM : 11.1259 (+0.39%)
ZSN24 : 1180-2 (+0.32%)
ZSX24 : 1171-6 (unch)
ZSPX24US.CM : 11.1134 (unch)
Corn Turning Overnight Weakness to Midday Strength

Corn futures are pushing higher across the front months on Tuesday. Contracts are up 1 to 3 cents so far, extending the Monday strength. Monday afternoon’s Crop Progress report showed planting progressing...

ZCK24 : 442-6 (+0.68%)
ZCPAUS.CM : 4.2712 (+0.71%)
ZCN24 : 452-4 (+0.61%)
ZCZ24 : 474-4 (+0.42%)
ZCPZ24US.CM : 4.4332 (+0.46%)
IGV play as a proxy for MSFT earnings

IGV is a software internet ETF. Using this ETF, I can play MSFT earnings without risking a lot.

Chicago SRW Wheat

An analysis of Chicago SRW Wheat to assist traders and farmers with grain marketing.

ZWN24 : 598-2 (+1.83%)
Hedge accounting for the masses: How futures and FASB changed hedging forever

Read how recent accounting guidance and Eris SOFR Swap futures make interest rate hedges more accessible.

Strength in the Brazilian Real Boosts Sugar Prices

May NY world sugar #11 (SBK24 ) this morning is up +0.11 (+0.56%), and Aug London ICE white sugar #5 (SWQ24 ) is up +3.10 (+0.54%). Sugar prices this morning are moderately higher. Sugar prices are seeing...

SBN24 : 19.66s (+0.25%)
SWQ24 : 573.20s (+0.49%)
^USDBRL : 5.13390 (-0.65%)

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Today's 4 Stock Market Movers: $DHR $MSCI $SHW $HIBB https://t.co/RkBFxaBtCf
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United Kingdom's stock exchange, FTSE 100, hit an all-time high for the first time in more than a year https://t.co/3Dpv64qpNp
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New Stock ETFs will offer the potential for capped upside gains with 100% downside protection. It's a miracle! What could go wrong? https://t.co/d3UpO9sGlW
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Tech Stocks underperformed the S&P 500 last week by the largest margin since the Global Financial Crisis 👀 https://t.co/lJmFpyoRsB
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BREAKING 🚨: Securities & Exchange Commission Two SEC Lawyers resigned after a judge cited the agency's 'gross abuse of power' during a cryptocurrency case in March https://t.co/0sXR7v9VJ6 https://t.co/5OpymCRwPX
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H/T: @Stockspy1 for the show
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Butter approaching all-time highs! 🚨 Apparently taking away our chocolate and coffee wasn't enough 😢 https://t.co/vjSSDaBpep https://t.co/RIf25sTRVo
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The correction in stocks isn't over, warns JP Morgan strategist Marko Kolanovic, who still believes that the S&P 500 will finish the year at 4,200 https://t.co/elaSgtubrH
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Mega Cap Tech Stocks have traded red for 4 consecutive weeks, their longest losing streak since December 2022 https://t.co/pm79p8hlSb
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CTAs have built the largest global equities position in nearly 5 years 👀 https://t.co/klfj4vf3Or

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Chart of the Day

Skywest Inc (SKYW)

The Chart of the Day belongs to the regional airline SkyWest (SKYW) . 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 feature...
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Symbol Last %Chg
$SPX 5,069.25 +1.17%
S&P 500 Index
$NASX 15,688.79 +1.54%
Nasdaq Composite
$DOWI 38,473.15 +0.61%
Dow Jones Industrials Average
$ONE 2,399.74 +1.23%
S&P 100 Index

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