Some traders believe the screwworm will limit beef consumption however, consumers in the US have been eating beef from cattle in Mexico and Mexico has increased sales in 2026.
https://t.co/q7cssOnouV
July Crude Oil was lower early after Israel and Lebanon said they had agreed to a ceasefire, which raised hopes that US and Iran could reach a deal to reopen of the Strait of Hormuz.
https://t.co/S9ymSElFcs
#energies#futures
Brazil Arabica crop forecasts jump 20%-28%, pressuring #coffee prices as production and export outlooks hit record highs. https://t.co/28yLxnv73n #futures#commodities#MarkBowman
Copper prices on the LME pulled back from two-week highs as fresh strikes between the US and Iran dented risk appetite. https://t.co/HqSKCVpnXD #metals#futures#marketoutlook
Choice beef was higher yesterday and higher than select which is a positive indicator for beef prices.
https://t.co/ccgHdCWLcE
#cattle#hogs#futures#marketoutlook
Ivory Coast raises #cocoa premiums as El Niño concerns fuel uncertainty over West African production outlook. https://t.co/n4u86N8wH9 #futures#commodities#MarkBowman
July Crude Oil was higher after the US and Iran traded strikes overnight and on lack of progress on a proposed agreement between the two nations.
https://t.co/nj5LRhwWIG
#energies#futures#marketoutlook
Gold moved higher overnight as a softer dollar, lower yields, and a decline in oil prices overnight supported buying conditions. https://t.co/LQf2AD6OES #metals#futures#marketoutlook
Markets will be on the lookout for today’s JOLTS data, which is expected to 6.86 million job openings in April. https://t.co/MfKEYvahMq #financialmarket#futures#jpsteiner
July Crude Oil lower early but inside Mon range, as market tried to assess the mixed signals it was receiving form Washington and Iran.
https://t.co/BGnb8kkplL
#crudeoil#natgas#energies#futures#markets