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China May wholesale prices hit near 4-year highs on Iran war, AI costs; consumer inflation misses

Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.

Oil choppy after U.S. completes Iran strikes following Apache helicopter attack

Oil prices rose after the U.S. launched military strikes against Iran, raising concerns that renewed clashes may threaten shipping through the Strait of Hormuz.

CNBC Daily Open: Trump's Iran deal is 'days away' — yet again

U.S. Energy Secretary Chris Wright said ship traffic through the Strait of Hormuz was "rising very meaningfully," although he did not provide specific data.

Republican Steve Hilton advances to general election in race for California governor

Republican Steve Hilton has advanced to the general election for California governor after making the case that the state desperately needs new leadership following more than 15 years of Democratic dominance.

Is Now the Time to Buy Carvana Stock After Its 5-for-1 Split?

Completing a 5-for-1 stock split last month, Carvana (CVNA) shares have become more accessible to a broader range of investors and has put the company back in the spotlight.

Cotton Falls on Tuesday

Cotton futures posted losses of 143 to 231 across most contracts on Tuesday. The outside factors are pressure, with crude oil down $2.60 to $88.70/barrels. The US dollar index is down $0.049 at $99.975. Monday afternoon’s Crop Progress showed 77% of the US cotton crop planted as of Sunday, matching...

Soybeans Slip Lower on Tuesday, with Meal Pressure

Soybeans were weaker on Tuesday, with contracts closing fractionally to 4 ¾ cents lower. The cmdtyView national average Cash Bean price was up 1/4 cent at $10.58. Soymeal futures were down $1.60 to $2.70 on the day, with Soy Oil futures mixed, from 35 points higher to 34 points lower....

Hogs Extend Weakness to Tuesday, as Cutout Falls

Lean hog futures posted losses of 45 cents to $1.45 on Tuesday. USDA’s national base hog price was reported at $97.48 on Tuesday afternoon, up $1.37 from the day prior. The CME Lean Hog Index was up 3 cents on June 4 at $92.63. USDA’s pork carcass cutout value from...

Cattle Turn Early Weakness to Late Session Gains

Live cattle futures saw gains of $1.50 to $2.97 most contracts on Tuesday. There were no deliveries issued on Tuesday, with the oldest long dated August 11, 2025. Cash trade was mainly $256-258 last week, with the early week action thus far compiling showlists. Feeder cattle futures closed with $2.00...

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