WTI crude oil is trading at $68.29
- oil rigs 387 versus 385 last week
- natural gas unchanged at 103
- total rigs to 491 from 488 last week
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Gas prices hit Dec 2020 lows, falling below $3! Holiday travelers rejoice as prices slide ahead of Christmas.
Soybeans dump 27¢ wk/wk on China auction & managed money cuts. Cash beans at $9.78. Watch export sales!
Nasdaq, Nvidia, Oracle lead tech revival! Wall St ends week higher as Micron shines. Traders eye bond yields.
Cotton futures up 20-25 pts, but March down 8 pts weekly. Crude oil gains 55c. Dollar index up $0.292.
Lean hog futures steady; spec traders boost net long to 51,471. Pork cutout up $2.22. Watch hog slaughter vs. last year.
Wheat futures mixed; KC wheat dips 2.75 cents weekly. Specs add to net short. South Korea buys US wheat.
Corn futures dip slightly; spec traders cut net long by 13.5k. Brazilian crop estimates reduced, but prices hold near $4.43.
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