August 12, 2026 2:24 pm
Key Moments Corn futures are trading 3 to 4 cents higher on Wednesday morning, supported by strong gains in wheat. Condition ratings in Monday’s Crop Progress report held steady at 61% good to excellent, with notable regional deterioration and improvement across several states. Analysts surveyed by Reuters expect U.S. corn yield at 182.4 bushels per […]
Read moreAugust 12, 2026 2:20 pm
Key Moments Wheat futures across Chicago, Kansas City, and Minneapolis were trading higher early Wednesday after previous session losses. Ukrainian drone attacks reportedly halted operations at Russia’s Novorossiysk port, a key export hub on the Black Sea. Analysts surveyed by Reuters expected a slight downgrade to U.S. wheat production and ending stocks in the latest […]
Read moreAugust 12, 2026 10:14 am
Key Moments Brent settled at USD88.91, while WTI settled at USD83.20, as markets reassessed the chances of a deal over the Strait of Hormuz. Iran said the Strait of Hormuz will remain closed until its conditions are met. This keeps supply concerns elevated and could add to US inflation pressures. European diesel prices surged as […]
Read moreAugust 12, 2026 9:27 am
Key Moments Benchmark Dutch front-month futures rose 3.3% to 60 euros per megawatt-hour, hovering near their highest level since July 24. EU gas storage sites stood at 59.12% of capacity, a historically low level for August that is raising concerns about winter preparedness. The European gas market remained in backwardation, reducing incentives for utilities to […]
Read moreAugust 12, 2026 9:14 am
Key Moments Copper is trading at $6.6673, confined between 20-period SMA resistance at $6.6493 and SuperTrend support at $6.5825. Price remains 5% above the 200-SMA at $6.3583, while a bearish MACD crossover and lower highs from the $6.8665 peak weigh on the short-term outlook. Key decision zone is the $6.58-$6.75 band, with invalidation levels at […]
Read moreAugust 12, 2026 7:37 am
Key Moments WTI trades just under $83.00 in Asian dealings on Wednesday, extending its three-day advance and hovering near a nearly two-week peak. Geopolitical tensions around the Strait of Hormuz and fresh Houthi attacks in the Red Sea continue to stoke supply concerns and support prices. From a technical standpoint, WTI remains above the 38.2% […]
Read moreAugust 12, 2026 7:18 am
Key Moments XAG/USD trades 1.1% higher near $65.40 in Wednesday’s Asian session as markets await the July US CPI release. Consensus projections point to softer annual headline and core inflation, at 3.4% and 2.5% respectively. Silver holds above its 20-day EMA at $61.28, with upside levels eyed at $66.59 and $71.56. Spot Silver Advances as […]
Read moreAugust 12, 2026 6:07 am
Key Moments Gold (XAU/USD) moves back above $4,400, trading near its highest level since June 5. Stubborn Fed rate-hike expectations and firm US Treasury yields continue to underpin the US Dollar. Technical resistance around $4,500 and layered Fibonacci levels are limiting the metal’s upside. Gold Edges Higher, But Upside Remains Constrained Gold (XAU/USD) attracted renewed […]
Read moreAugust 11, 2026 1:10 pm
Key Moments Corn futures posted narrow moves on Monday, ending from 3/4 cent lower to a penny higher, with early Tuesday trade fractionally weaker. US corn export inspections reached 1.74 MMT for the week of 8/6, lifting marketing year exports to 79.02 MMT, 25.0% above the same period a year earlier. USDA reported a 105,000 […]
Read moreAugust 11, 2026 1:00 pm
Key Moments: Wheat futures are trading 3 to 5 ½ cents lower in early Tuesday morning action after a mixed Monday session across the complex. The latest NASS data showed 91% of U.S. winter wheat harvested and spring wheat harvest at 24%, ahead of the 19% 5-year average. Weekly export inspections reached 421,277 MT, up […]
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