July 15, 2026 1:37 pm
Key Moments Wheat futures were trading 15 to 22 cents higher across major exchanges early Wednesday following Tuesday’s advance. Russian attacks on Ukrainian ports and US strikes on Iran, which also damaged a wheat storage facility, coincided with continued limits on exports through the Kerch Strait. NASS reported 67% of the US winter wheat crop […]
Read moreJuly 15, 2026 1:34 pm
Key Moments Corn futures were trading 3 to 4 cents higher on Wednesday morning after closing lower on Tuesday. US corn crop silking reached 16% by July 12, running 4 percentage points ahead of the 5-year average, with 68% of the crop rated good to excellent. Brazil’s 2025/26 corn output was projected at 141.73 MMT, […]
Read moreJuly 15, 2026 9:49 am
Key Moments Choice beef cutout fell to $373.95 per cwt, its weakest level since February 23 and about $26 below its June 23 peak above $400. CME August live cattle futures settled at 231.425 cents per pound, the lowest close since late March, while key contracts broke below their 200-day moving averages. CME August lean […]
Read moreJuly 15, 2026 8:54 am
Key Moments Brent crude prices remained around $85-86 per barrel following an aggressive short squeeze, aligning with existing analyst expectations. Escalating Middle East tensions, including threats of strikes on Iranian infrastructure and concerns over key shipping routes, were cited as key supports for prices. U.S. engagement on regional energy routes, including backing for an Iraq-Syria […]
Read moreJuly 15, 2026 8:38 am
Key Moments WTI trades just above $79.00 during the Asian session on Wednesday, consolidating around a nearly one-month high set the prior day. Geopolitical tensions, including recent US-Iran military exchanges and the closure of the Strait of Hormuz, support a bullish tone in Crude Oil. WTI remains above its 200-day EMA and the 23.6% Fibonacci […]
Read moreJuly 15, 2026 7:47 am
Key Moments Gold stays under selling pressure below $4,100 and trades just above the $4,000 level after a failed upside attempt. June US CPI data came in softer than expected, but elevated crude prices and hawkish remarks from Fed Chair Kevin Warsh sustain rate-hike expectations. Heightened US-Iran tensions and related Middle East risks support the […]
Read moreJuly 15, 2026 6:28 am
Key Moments XAG/USD trades around $58.50 per troy ounce in Asian hours after prior-day gains, with potential for a rebound. US CPI inflation slowed to 3.5% year-over-year in June from 4.2% in May, while headline CPI fell 0.4% on the month. Markets see roughly a 50% probability of a Fed rate hike in September as […]
Read moreJuly 14, 2026 2:26 pm
Key Moments Corn futures are trading 5 to 6 cents lower on Tuesday morning after a mixed close on Monday. The latest Crop Progress data showed 16% of the U.S. corn crop silking and 6% in the dough stage, with condition ratings steady at 68% good to excellent. Weekly corn export inspections reached 1.54 MMT, […]
Read moreJuly 14, 2026 12:48 pm
Key Moments ING analysts report that physical copper demand and tightening London Metal Exchange (LME) warehouse conditions have been supporting prices. Cancelled warrants jumped by more than 23kt in a single day, lifting cancellations to about 43% of total LME inventories as on-warrant stocks dropped to multi-month lows. Most recent cancellations have been concentrated in […]
Read moreJuly 14, 2026 8:11 am
Key Moments ICE Brent settled 9.6% higher, climbing back above $83/bbl as tensions between the US and Iran intensified. Strategists flagged mounting risks around potential attacks and a renewed US blockade on Iran, alongside competing toll proposals for Hormuz traffic. A hypothetical 20% US fee on a 2 million barrel VLCC at $80/bbl would add […]
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