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Corn futures are trading with contracts 3 to 5 cents higher across the front months on Monday. The CmdtyView national average Cash Corn price is up 4 3/4 cents at $4.16 1/2. USDA’s FGIS tallied corn export shipments at 1.669 MMT (65.7 mbu) during the week ending on April 16. That was 2.89% above the week prior and 3.33% below the same week last year. Mexico was the top destination of 507,053 MT, with 352,667 MT headed to Japan and 277,579 MT to South Korea. Marketing year exports for 2025/26 are 51.71 MMT (2.036 bbu) since September 1, which is now 31.79%…

Bybit has led an $8 million Series A funding round in Hata, a dual-licensed digital asset exchange operating in Malaysia. The round also included participation from global family offices and follows Bybit’s earlier investment in Hata’s $4.2 million seed round.According to Monday’s announcement, the funding will be used to improve liquidity, expand the user base and develop additional digital asset products.Hata operates under licenses from the Securities Commission Malaysia and the Labuan Financial Services Authority, allowing it to offer trading and custody services for digital assets in the Southeast Asian country.Since launching in 2023, the company has reported more than…

The current Bitcoin (BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of firmwide research at investment firm Galaxy.Thorn compared price action since the April 2024 Bitcoin halving to cycles triggered in 2012, 2016 and 2020; the current cycle shows significantly dampened volatility and lower upside. The all-time high above $125,000 on Oct. 5, 2025 was only 97% above the 2024 halving price around $63,000.BTC’s price increased by about 9,294% during the 2012 halving cycle, reaching a high of about $1,163, and climbed by about 2,950% during the 2016 halving cycle, reaching…

May ICE NY cocoa (CCK26) on Friday closed down -181 (-5.38%), and May ICE London cocoa #7 (CAK26) closed down -104 (-4.17%).Cocoa prices settled sharply lower on Friday for a second day on signs of weak global demand.  The National Confectioners Association reported that North American Q1 cocoa grindings fell -3.8% y/y to 106,087 MT.  The European Cocoa Association reported Thursday that Q1 European cocoa grindings fell -7.8% y/y to 325,895 MT, a bigger decline than expectations of -6% y/y and the lowest for a Q1 in 17 years.  Conversely, the Cocoa Association of Asia reported that Q1 Asian cocoa…

Iran’s government naming Bitcoin (BTC) as a payment method for oil ships crossing the Strait of Hormuz highlights its role as a neutral, strategic asset, according to Sam Lyman, head of research at digital asset advocacy organization Bitcoin Policy Institute (BPI). The government selected BTC as one of the payment methods for the tolls because of its censorship-resistant qualities, Lyman told Cointelegraph. He said: “This is one of the most significant situations where Bitcoin is very clearly a strategic asset. The reason why Iran wants to use Bitcoin for these transactions is that no one can freeze Bitcoin. No one can shut…

The S&P 500 Index ($SPX) (SPY) on Friday closed up +1.20%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.79%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.29%.  June E-mini S&P futures (ESM26) rose +1.20%, and June E-mini Nasdaq futures (NQM26) rose +1.28%.Stock indexes settled sharply higher on Friday, with the S&P 500 and Nasdaq 100 posting new all-time highs and the Dow Jones Industrials posting a 7-week high.  Stocks rallied on Friday amid mounting speculation that a deal to end the US-Iran war is near, sparking risk-on sentiment in asset markets.  Crude prices sank more than -11% after Iran announced…

Roberto Stewart has been appointed as president and chief business officer at Hightower Advisors. Stewart will lead enterprise services and support the firm’s growth strategy by advancing Hightower One, Hightower’s back- and middle-office platform. Additionally, he will oversee operations, technology, risk, product, PMO, and integrations. Prior to joining Hightower, Stewart served as COO at Engle Martin, a portfolio company of BW Forsyth Partners. He also held executive roles at American International Group, McKinsey & Company, and Allstate. As part of this transition, Gurinder Ahluwalia, who had stepped in as Interim President, will continue to be an advisor to the company and remain a member of Hightower’s…

Key points:Bitcoin soared above $76,000, opening the doors for a further rally toward $84,000.Several major altcoins are showing strength, signaling broad-based buying by the bulls.Bitcoin (BTC) skyrocketed above the $76,000 resistance on Friday after Iran’s foreign minister said that the Strait of Hormuz will remain open for the remainder of the ceasefire between the US, Israel and Iran.Another positive sign for the bulls is that BTC’s rise has been supported by solid accumulation by the whales. According to CryptoQuant data, BTC whales holding more than 1,000 BTC have added about 270,000 coins in the past 30 days, the largest buying…

The wheat complex is trading with gains across most contracts so far on the Thursday session. Chicago SRW futures are 5 to 6 cents higher so far. KC HRW futures is leading the bull’s charge, up 16 o 18 cents in the front months. MPLS spring wheat is up 10 to 11 cents at midday.Export Sales data will from Thursday morning shows just 100,318 MT of old crop wheat sold in the week of 4/9, on the lower side of estimates of 75,000 to 250,000 MT. That was down 38.68% from last week but up 31.14% from the same week…

Wellington Management has launched the Wellington Absolute Return Global Equity Fund, a market-neutral, multi-manager UCITS strategy designed to generate returns above cash while remaining independent of broader market direction. The daily-dealing fund is positioned as a liquid alternative solution, seeking to complement traditional portfolios by enhancing diversification and resilience across market cycles. Co-managed by Steve Gorman, Co-Head of Multi-Asset Portfolio Management, and Portfolio Manager Veenu Ramchandani, the strategy targets returns exceeding the ICE Bank of America 3-Month U.S. Treasury Bill Index. The fund allocates across a diversified set of internally managed equity strategies, with tailored hedging applied to each allocation.…