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Wheat futures are facing midday weakness on Wednesday. Chicago SRW futures are down fractionally in the nearbys. There were 209 deliveries against May CBT wheat overnight, with 196 coming from a Marex customer. Kansas City HRW futures are down 7 to 8 cents are midday. Minneapolis spring wheat futures are down 4 to 5 cents.Wheat production data will be released in the Crop Production report on Monday, with all wheat production seen at 1.885 billion bushels. Winter wheat is seen at 1.325 bbu, with HRW at 748 mbu, SRW at 342 mbu, and white winter at 234 mbu. Don’t Miss…

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US President Donald Trump said Friday he will nominate former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as chair of the US central bank, setting the stage for a high-stakes Senate confirmation battle.The decision, announced by Trump on his social media platform Truth Social, confirms Thursday reports that Trump would move ahead with the 55‑year‑old ex–Fed official and Morgan Stanley banker as his preferred candidate.The President said that he had known Warsh for a long time and had “no doubt” that he would go down as “one of the “GREAT Fed chairmen, maybe the best.”Prediction markets and Wall…

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Live cattle futures settled Wednesday with contracts up 60 cents to $1.40 across most months. Cash trade has yet to kick off this week, with sales of $185-187 in the South and with northern trade at $193 last week. The Central Stockyards Fed Cattle Exchange showed no sales on the 944 head listed in today’s online auction, as bids were reported at $185 live and $186-187 using their BidTheGrid™ method. Feeder cattle futures closed out the day with gains of $1.42 to $2.17. The CME Feeder Cattle Index was down $0.23 at $245.32 on August 13. USDA wholesale Boxed Beef were…

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Opinion by: Joshua Sum, head of product at Solayer LabsConsider a single, borderless financial market operating around the clock, where a farmer in Nebraska can instantly hedge wheat futures. At the same time, a pension fund in Tokyo trades Tesla shares seamlessly, all without permission, intermediaries or geographic constraints. This isn’t science fiction.It’s the logical endpoint of blockchain technology and asset tokenization, a vision that has captivated everyone from JPMorgan executives to Silicon Valley dreamers.Yet this remains a distant future. Not because we lack ideas, but because we’re trying to build it on a foundation — today’s blockchain infrastructure — that…

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Soybeans price action is up 7 to 10 cents so far on Wednesday morning. Futures closed Tuesday with contracts 5 to 6 cents higher in the nearbys. Open interest showed net new buying, up 5,541 contracts. The cmdtyView national average Cash Bean price was 6 1/4 cents higher at $9.99 1/2. Soymeal futures were down 30 cents to 60 cents higher, with Soy Oil futures 41 to 53 points higher.Brazil soybean exports in January are estimated at 3.23 MMT, according to ANEC, down 0.56 MMT from last week’s estimate. That would still be up from the 1.07 MMT shipped in Jan 2025. Don’t…

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Key Takeaways Fears of de-dollarization are growing. Peter Schiff has issued a stark warning that the U.S. dollar is getting “crushed.” However, some analysts noted that the metals rally may face short-term pullbacks. Economist Peter Schiff has warned of a weakening U.S. economy as gold and silver prices surged to record highs over the weekend, intensifying debate over whether confidence in the U.S. dollar is beginning to erode. While most economists maintain that the dollar remains deeply entrenched at the center of global trade, the growing influence of the BRICS bloc and rising demand for precious metals are fueling renewed…

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South Korea’s top financial regulator said crypto exchanges should face ownership limits similar to those applied to securities markets, signaling a harder public stance on governance reforms under the country’s proposed Digital Asset Basic Act.According to a report by The Korea Times, the Financial Services Commission (FSC) Chair Lee Eog-weon said licensed crypto exchanges should no longer be treated as ordinary private companies but as entities with public-infrastructure characteristics. Lee’s comments come as the FSC reviews a proposal to cap major shareholders’ stakes in crypto exchanges at around 15% to 20%, a measure that has drawn resistance from exchange operators and…

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Cotton futures fell back 67 to 85 points across most contracts on Monday. Crude oil futures are down 24 cents per barrel at $60.83. The US dollar index was down another $0.539 to $96.865.USDA Export Sales data showed 7.35 million RB of cotton commitments as of Jan 15, 13% below last year. That was also 64% of the USDA projection and well behind the 81% average pace. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.  The Friday online auction from The Seam showed sales of 57.99 cents/lb on 5,645 bales. The…

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