Corn Rallies on Smaller Yield and Cut to Stocks

Corn futures closed the Wednesday session with contracts down 18 to 20 ½ cents in through next July, with deferreds up 4 to 11 ½ cents. Spillover gains from wheat and increasing Black Sea strikes was supportive. The Cmd…

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Wheat Rallies on Wednesday with Black Sea Strikes

The wheat complex is trading with sharp midday gains across the three exchanges. Chicago SRW contracts were 13 ¾ to 22 ½ cents higher across the board on the day. KC HRW futures posted 14 ½ to 21 ¾ cent gains at the clo…

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Hogs Post Modest Gains on Wednesday

Lean hog futures closed the midweek session with contracts 22 to 95 cent gains, as soon to expire August was down 20 cents. USDA’s national base hog price was reported at $95.81 on Wednesday afternoon, down 51 cents fro…

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SpaceX’s stock is getting a Grok-fueled boost

Space Exploration Technologies (SPCX) is consolidating within a bearish flag at $152.28, hovering above $143.90 support. While Grok 4.5 and Nvidia infrastructure investments bolster the AI growth narrative, increased co…

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Dollar Slips on Dovish US CPI Report

The dollar index (DXY00) is down -0.08% as expectations for a Fed rate hike eased on today’s favorable CPI report. The dollar was also undercut by today’s -2.1 bp decline in the 10-year T-note yield, which undercut the …

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Wednesday's ETF Movers: PTF, KWEB

And underperforming other ETFs today is the KraneShares CSI China Internet ETF, off about 2.3% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Kanzhun, l…

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