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Nasdaq 100 Movers: MELI, APP
In early trading on Thursday, shares of Applovin topped the list of the day's best performing components of the Nasdaq 100 index, trading up 29.9%. Year to date, Applovin has lost about 47.6% of its value. And the worst performing Nasdaq 100 component thus far on the day is Me
Hogs Face Weaker Cash and Cutout
Lean hog futures continues to face weakness on Wednesday with contracts down $1.05 to $1.87 at the close. Open interest was up 373 contracts on Wednesday. USDA’s national base hog price was reported at $42.49 in the Wednesday afternoon report, down $2.90 from the day prior. The CME Lean Hog...
Cattle Look to Thursday, Following Weakness
Live cattle futures saw Wednesday weakness, with contracts down 15 cents to $1.07 at the close. Open interest was down 9000 contracts on Wednesday. Cash trade has been trickling in, with USDA reporting light early at $340 dressed in the north and $216-219 live. Sales in the south have been...
Wheat Bouncing to Start Thursday
Wheat is showing 4 to 6 cent higher trade on Thursday morning. The wheat complex faded lower on Wednesday, with buyers failing to hold midday gains. Open interest was up 2,694 contracts. Chicago SRW contracts were steady to 2 cents lower. KC HRW futures were 3 ¼ to 5 ½...
Cotton Posting Thursday Morning Gains
Cotton price action is up 29 to 33 points on Thursday morning. Futures rallied on Wednesday, with contracts 52 to 107 points higher at the close. Crude oil was down $8.05 per barrel on the session, with the US dollar index $0.326 higher. Cotton exports in September totaled 641,476 bales...