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Blackstone Secured Lending Fund Reaches Analyst Target Price

In recent trading, shares of Blackstone Secured Lending Fund (Symbol: BXSL) have crossed above the average analyst 12-month target price of $32.09, changing hands for $32.30/share. When a stock reaches the target an ana…

Corn Faces Pressure on Thursday

Corn futures were down 1 to 4 3/4 cents on the Thursday session. The CmdtyView national average Cash Corn price was down 3 3/4 cents at $4.85 1/4. Crude oil backed off by $1.34 on the day, to add some pressure.

Crude Prices Slip as Supply Fears Ease

October WTI crude oil (CLV26) closed down -0.52 (-0.51%) on Thursday, and October RBOB gasoline (RBV26) closed up +0.0223 (+0.64%).

Hogs Face Modest Weakness on Thursday

Lean hog futures were mostly lower on Thursday, with contracts down 35 to 80 cents and nearby October up 22 cents. USDA’s national base hog price was not reported on Thursday afternoon due to thin volume. The CME Lean H…

S&P 500 Rebounds as Markets Brace for a Hawkish BOJ

Better late than never, said the post-Fed volatility reset that sent the S&P 500 up about 1% at the open and then did nothing else for the rest of the day. I guess the great news for the bulls is that the VIX 1-Day mana…

Stocks Settle Sharply Higher as Crude Oil and Bond Yields Fall

The S&P 500 Index ($SPX) (SPY) closed up by +1.14% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.61%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.73%. September E-mini S&P futures (…

Soybeans Showing Modest Gains as Meal Carries the Load

Soybeans are powering through at Thursday’s midday, with contracts 2 to 4 cents higher at midday. The cmdtyView national average Cash Bean price is up 2 cents at $12.64 ¾. Soymeal futures are rallying $9 to $11.30 in th…

Corn Faces Pressure on Thursday

Corn futures were down 1 to 4 3/4 cents on the Thursday session. The CmdtyView national average Cash Corn price was down 3 3/4 cents at $4.85 1/4. Crude oil backed off by $1.34 on the day, to add some pressure.

Cocoa Prices Sink on Abundant Supplies

December ICE NY cocoa (CCZ26) closed down -207 (-3.46%) on Thursday, and December ICE London cocoa #7 (CAZ26) closed down -125 (-2.86%).

Wheat Weakness Pushes to Thursday

The wheat complex held onto weakness across the three exchanges at the final bell on Thursday. Chicago SRW contracts were down 3 ¾ to 6 ¾ cents on the session. KC HRW futures posted 5 to 8 ½ cent losses. MPLS spring whe…

Dollar Slightly Lower as T-Note Yields Fall

The dollar index (DXY00 ) fell from a new 1.5-month high on Thursday and finished down by -0.03%. The dollar posted modest losses on Thursday as a sharp rally in stocks curbed demand for dollar liquidity. Lower T-note y…

Signs of Weak Demand Undercut Sugar Prices

October NY world sugar #11 (SBV26) closed down -0.55 (-3.06%) on Thursday, and December London ICE white sugar #5 (SWZ26) closed down -15.40 (-2.94%).