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Dollar Finds Support from Weak Stocks and Surging Crude Prices

The dollar index (DXY00) is up by +0.03% today. The dollar found support from today's +3% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a s…

Cotton Extending Losses to Friday AM Trade

Cotton price action is down 95 to 105 points so far on Friday morning. Futures fell into the Thursday close, posting session losses of 223 to 287 points at the final bell. Crude oil was up a modest 14 cents per barrel, …

Apple and Nvidia Vie for Wall Street’s Crown

Late one evening in 2010, in his Taipei home, Morris Chang topped off the wine in his guest’s glass. Across from him sat Jeff Williams, Apple’s chief operating officer, who had flown in with a proposal that was as audac…

Stocks Settle Lower as Chipmakers and AI Stocks Slump

The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.51%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.62%. September E-mini S&P futures (…

Bond yields are sending a new signal about Fed rate hikes

Kevin Warsh’s first Federal Reserve meeting delivered a clear message to markets: inflation is back at the center of policy. The Fed held rates steady at 3.5% to 3.75%, but Warsh’s debut press conference, a shorter poli…

Soybeans Posting Modest Friday AM Strength

Soybeans are showing 2 to 3 cent action so far on Friday. Futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. Preliminary open interest was up 14,419 contracts. The cmdtyView national average…

Corn Turning Higher at Midday

The corn market is rallying off early session lows on Wednesday, with contracts up 2 to 4 cents so far at midday. The national average Cash Corn price from cmdtyView is up 4 1/4 cents at $4.09 per bu.

Corn Fades Back Lower on Thursday

Corn rounded out Thursday trade with contracts down 4 to 6 cents across most contracts. The CmdtyView national average Cash Corn price was down 6 3/4 at $4.10 3/4.

Hogs Look at Friday, Pork Continues Climb Above $100

Lean hog futures posted 20 to 60 cent gains in most contracts, with August down a nickel. Open interest was down 2,966 contracts, suggesting some shorts covering. USDA’s national base hog price was reported at $100.26 o…

Credit vs Factoring in Trucking: It’s About Financial Fit

If you're a carrier operating in today's freight market, with tight margins, rate volatility, and rising operating costs, the real issue isn't the tool. It's whether the financing actually fits how your trucking busines…