Cotton Collapsing Early on Thursday

Cotton futures closed the Wednesday session with contracts coming off the midday highs, up 7 to 49 points. The US dollar index was $0.215 higher at $98.395. Crude oil was down $1.18 at $101.00 at the close. A meeting between President Trump and China’s President Xi in Beijing concluded early…

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Corn Falling Back Early on Thursday

Corn prices are down 6 to 7 cents so far on Thursday morning. Futures posted mixed action at the Wednesday close, with contracts within a penny of either side of unchanged. Open interest was up 10,445 contracts on Wednesday. There were 17 deliveries against May futures overnight, with the contract…

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Wheat Showing Mostly Lower Thursday Morning Trade

Wheat is mostly lower early on Thursday morning. The wheat complex followed Tuesday’s limit gains with the three exchanges lower on Wednesday. Chicago SRW futures closed with contracts steady to 3 ½ cents lower. Open interest was up 3,742 contracts. KC HRW futures were down 4 ¾ to 7 ¾…

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Crude Oil Prices Erase Early Gains as the Dollar Strengthens

June WTI crude oil (CLM26 ) ton Wednesday closed down -1.16 (-1.14%), and June RBOB gasoline (RBM26 ) closed down -0.0790 (-2.14%). Crude oil and gasoline prices settled lower on Wednesday, with crude oil falling from a 1-week high. Wednesday’s rally in the dollar index ($DXY ) to a 1.5-week…

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Cotton Posting Midweek Gains

Cotton futures are back up 89 to 131 points in the front months on Wednesday. The US dollar index is $0.215 higher at $98.395. Crude oil is down 31 cents at $101.87 at midday. The monthly WASDE update showed 2025/26 cotton yield at 852 lbs/ac, with production at 13.9 million…

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