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June 5, 2024
The vicious squeeze on the Chicago Mercantile Exchange (CME) copper contract appears to have largely passed, but fund managers are sticking with their bullish convictions on both US and London markets.
May 22, 2024
The London Metal Exchange copper price hit a record nominal high of $11,104.50 per metric ton on Monday. The London market is playing catch-up with its U.S. peer CME Group, where a...
May 22, 2024
The euro failed to mount a significant challenge when coming under pressure in what has been a quiet week this far. German manufacturing PMI appears unlikely to change that
May 22, 2024
By Kirk Maltais -- Soybeans for July delivery rose 0.9% to $12.47 1/4 a bushel on the Chicago Board of Trade on Wednesday in response to rumors of China purchasing U.S. soybean exports after...
May 20, 2024
By Kirk Maltais --Wheat for July delivery rose 5.8%, to $6.88 a bushel, on the Chicago Board of Trade on Monday, climbing in response to escalated fighting between Russia and Ukraine along...
May 2, 2024
By Kirk Maltais -- Soybeans for July delivery rose 2.5% to $11.99 1/2 a bushel on the Chicago Board of Trade on Thursday, leading a wave of short covering seen on the ag complex thanks to...
April 28, 2024
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April 24, 2024
By Kirk Maltais -- Wheat for July delivery rose 1.9% to $6.14 a bushel on the Chicago Board of Trade on Wednesday, with short covering again driving wheat prices as crops in Russia, Europe and...
April 10, 2024
By Kirk Maltais -- Soybeans for May delivery fell 0.9% to $11.63 3/4 a bushel on the Chicago Board of Trade on Wednesday as traders finalized their positions ahead of the USDA and Conab...
March 11, 2024
By Kirk Maltais -- Wheat for May delivery rose 1.9% to $5.48 a bushel on the Chicago Board of Trade on Monday, rising as selling in response to Chinese cancellations of previously purchased...