Sugar Prices Consolidate Recent Losses
March NY world sugar #11 (SBH25) today is down -0.03 (-0.14%), and March London ICE white sugar #5 (SWH25) is up +0.60 (+0.11%).
City & Markets
Nat-Gas Prices Weaken on Tropical Storm Risk
Nat-gas prices retreated on Monday and are just above last Thursday’s 2-month low. Prices are under pressure amid concern that a tropical depression will become Tropical Storm Bertha and disrupt lique…
Cotton Holds onto Gains on Monday
Cotton futures were up 9 to 37 points across most contracts on Monday. Crude oil was up another 65 cents per barrel, with the US dollar index up 0.209.
Stocks Edge Higher as Chipmakers Rebound
The S&P 500 Index ($SPX) (SPY) today is up +0.46%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.86%. September E-mini S&P futures (ESU…
Americans are skipping lettuce and salads as investigation into cyclospora outbreak continues
Cyclospora, a parasite that causes “explosive” diarrhea, has surged to unusually high levels this year, as dozens of states face outbreaks and authorities race to investigate the source.
SpaceX slides further down the ranks of large companies as it’s overtaken by Meta
Broadcom shares fell 18% in three days, shedding over $300 billion in market capitalization following its earnings report. Despite strong revenue and AI chip growth, management's warning of declining …
Why are gasoline prices rising faster than oil prices? Blame it on the ‘crack.’
When Donald Trump ran for president in 2024, he promised to get gas prices below $2 a gallon “within 12 months.” That sounded good to an electorate unhappy about the high cost of living; Mr. Trump sec…
Cocoa Prices Pressured by Dollar Strength and Rising ICE Inventories
September ICE NY cocoa (CCU26) on Monday closed down -13 (-0.23%), and September ICE London cocoa #7 (CAU26) closed up +1 (+0.02%).
Corn Posting Gains at Monday’s Midday
Corn futures are up 6 to 7 cents across most contracts on Monday. The CmdtyView national average Cash Corn price is up 6 1/2 cents at $4.20 1/2.
The FDA made a big reversal in its cyclosporiasis probe, but it still thinks iceberg lettuce is to blame
The Food and Drug Administration's reversal on a key piece of its cyclosporiasis investigation has sparked confusion in the U.S., but the agency said Monday that it has not changed its main conclusion…
Dollar Supported by Higher T-Note Yields and Crude Prices
The dollar index (DXY00) rose by +0.18% on Monday. The dollar strengthened on Monday as escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectati…
Broader Market Boosted by Chipmaker Strength
The S&P 500 Index ($SPX) (SPY) today is up +0.17%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.51%. September E-mini S&P futures (ESU…
Trump orders tightening of defense supply chain waiver rules
The White House says the order restricts waivers that previously allowed defense contractors to use banned foreign minerals in military supply chains.
Wheat Showing Modest Monday Morning Strength
Wheat is trading with modest 2 to 5 cent gains so far on Monday. The wheat complex was in rally mode to close out the week, finishing higher in all three exchanges. Chicago SRW contracts were 4 ¾ to 9…
Broader Market Boosted by Chipmaker Strength
The S&P 500 Index ($SPX) (SPY) today is up +0.17%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.51%. September E-mini S&P futures (ESU…
Jamie Dimon says markets underestimate risks and he wouldn't buy stocks or Treasurys at current prices
JPMorgan Chase CEO Jamie Dimon said investors are underestimating the risks facing the global economy and that he wouldn't buy either equities or long-dated U.S. Treasurys at their current prices.
Trump imposing 50% tariffs on certain Canadian goods over alleged trade discrimination
The U.S. is imposing additional 50% tariffs on a range of Canadian goods in response to alleged trade discrimination against multiple U.S. products and industries, senior Trump administration official…
Jim Cramer says it may be time to trim comeback stock after 441% surge
I have watched Seagate's comeback story, and it has been one of the most impressive in the entire S&P 500. In fact, after the comeback, Seagate now ranks fourth in the top year-to-date S&P 500 perform…
Wheat Facing Mixed Action at Midday
The wheat complex is mixed on Monday, with winter wheat facing weakness. Chicago SRW contracts are 4 to 5 cents in the red. KC HRW futures are down 4 to 5 cents. MPLS spring wheat is the stronger poin…
It’s getting easier for terminally ill people to end their own lives. What to know as laws change.
Editor's Note: This story includes accounts of self-harm and suicide. The National Suicide Prevention Hotline number, a free and confidential service, is available in either English (1-800-273-8255) o…
Archer stock rips 20% higher as company unveils military craft with Anduril
Archer Aviation CEO Adam Goldstein said the company is laser-focused on getting its air taxis certified and flying by the 2028 Olympics in Los Angeles.
Mexican drug kingpin Ismael ’El Mayo’ Zambada sentenced in US to life in prison
Ismael “El Mayo” Zambada, founding leader of the legendary Sinaloa cartel, was to be sentenced yesterday in New York, a ruling expected to send Mexico’s last old-school druglord to prison for life.
Corn Rallying Again Out of the Weekend
Corn price action is 7 to 8 cents higher so far on Monday morning after gapping higher on Sunday night. Futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to …
Trump says Netanyahu won't be arrested in New York, pushing back on Mamdani
President Donald Trump said Monday that Israeli Prime Minister Benjamin Netanyahu "will not be arrested" when he visits New York in September, pushing back on a suggestion by Mayor Zohran Mamdani that…