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Futures Market Overview

Wed, May 8th, 2024
Signal
Entry Date
Entry Price
Strength
534.50 (-3.50)
Buy
05/08/24
533.00
Weak
Signal
Entry Date
Entry Price
Strength
101-222 (-0-006)
Buy
05/08/24
101-223
Weak
Signal
Entry Date
Entry Price
Strength
18.410 (+0.020)
Sell
05/08/24
18.415
Weak

Futures News

More News
Sugar Prices Remain Generally Weak on Higher Brazilian Production

July NY world sugar #11 (SBN24 ) this morning is down -0.38 (-1.90%), and Aug London ICE white sugar #5 (SWQ24 ) is down -13.90 (-2.374%). Sugar prices today are moderately lower as a stronger dollar spurred...

SBN24 : 19.60 (-1.75%)
SWQ24 : 574.50 (-1.91%)
Corn Correcting Lower on Wednesday

Futures are pulling back after a couple weeks of rallying and a USDA report on the horizon. Contracts are down anywhere from 6 to 8 cents across most front months on the midweek session. Weekly EIA data...

ZCK24 : 446-0 (-1.71%)
ZCPAUS.CM : 4.3556 (-1.89%)
ZCN24 : 458-4 (-1.82%)
ZCZ24 : 481-0 (-1.54%)
ZCPZ24US.CM : 4.5156 (-1.53%)
Hogs Put Together Midday Rally on Wednesday

Lean hogs were weaker to start the midweek session, but are posting midday gains of 7 to 75 cents. USDA’s National Average Base Hog negotiated price was back down $1.60 in the Wednesday AM report at...

HEK24 : 92.725 (+0.22%)
HEM24 : 99.100 (+0.79%)
HEN24 : 102.775 (+0.27%)
Wednesday Weakness in the Wheat Market

Wheat are trading lower across all three exchanges on Wednesday. Chicago contracts are down a 9 to 11 cents at midday. Kansas City futures are 9 to 14 cents lower on the day. MPLS spring wheat is 9 to...

ZWK24 : 624-6s (-1.19%)
ZWN24 : 632-2 (-1.63%)
KEK24 : 675-0 (+0.19%)
KEN24 : 649-4 (-2.18%)
MWK24 : 708-2s (unch)
Cattle Fading on Wednesday with Weaker Beef Print

Live cattle are fading the Tuesday gains with contracts down $1 to $1.50. Cash trade has yet to develop this week, with the Central Stockyards Fed Cattle Exchange having no sales on the 1,890 head listed....

LEM24 : 176.725 (-0.51%)
LEQ24 : 174.400 (-0.64%)
LEV24 : 177.650 (-0.71%)
GFK24 : 240.300 (-0.76%)
GFQ24 : 252.550 (-0.74%)
GFU24 : 253.575 (-0.73%)
Cotton Posting Wednesday Gains

The cotton market is shooting higher on Wednesday, as contracts are up 170 to 245 points with May expiring today. The US dollar index is up 105 points, a negative input, while crude oil is 52 cents higher....

CTK24 : 77.00s (+0.57%)
CTN24 : 80.04 (+3.28%)
CTZ24 : 77.89 (+2.83%)
Soybeans Pulling Back on Wednesday

Soybeans are taking a breather on Wednesday, showing midday losses of 10 to 13 cents across most contracts. Soymeal is trading $3.70/ton lower in the July contract. Soy Oil is following along, with contracts...

ZMN24 : 380.1 (-0.81%)
ZLN24 : 44.16 (-0.76%)
ZSK24 : 1224-4 (-0.63%)
ZSPAUS.CM : 11.7082 (-1.23%)
ZSN24 : 1232-6 (-1.10%)
ZSX24 : 1216-2 (-0.96%)
ZSPX24US.CM : 11.5493 (-1.00%)
Cocoa Prices Supported by Tight Global Supplies

July ICE NY cocoa (CCN24 ) this morning is up +47 (+0.55%), and July ICE London cocoa #7 (CAN24 ) is up +15 (+0.20%). Cocoa prices this morning are moderately higher as a global cocoa shortfall persists....

CCN24 : 8,647 (+0.43%)
CAU24 : 6,976s (+0.11%)
Premium commodity data, news and analysis from Barchart. Learn More.

Futures Market Map

Home of the Commodity Bull Market Trading Plan

We love the Commodity Markets, we love Trading, and we love Markets that Trend. Commodity Trends is a Red / Green light trading system designed to catch today's monster moves in the commodities markets.

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Japanese Yen continues to fall against the U.S. Dollar - will another intervention be needed soon? https://t.co/rciPJwX0XD
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One out of every 24 New York City residents is a Millionaire 🚨 https://t.co/WSZB01khmx
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Housing Rental prices in the U.S. climbed 1.5x faster than wages over the last 4 years 👀 https://t.co/01C3QW7wUb
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Buying options to protect against a stock market collapse fell to the cheapest level in 9 years. The CBOE VIX of VIX $VVIX, an index tracking the implied volatility of VIX options, fell to its lowest level since May 2015 on Monday! https://t.co/hI8Ayul55u
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U.S. Stock Buybacks will jump to an all-time high of $1.1 Trillion next year according to Goldman Sachs projections https://t.co/O3TIsEG2OS
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Pandemic-era excess savings have run out - oops! https://t.co/DEq4PSxuIt
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Interest Rates will stay high for an extended period and rate hikes are not off the table cautions Minneapolis Fed President Neel Kashkari https://t.co/wCpQEYXx19
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Commodities are the most correlated with stocks since AT LEAST 1980 🚨 https://t.co/Ajj1udM0aM

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