Despite the markets being mostly flat towards the end of today's trading session, Natural Gas, Feeder Cattle, Copper have end the day as top gainers.
Markets are currently flat. Corn is relatively flat, trades at $626.25. Soybeans holds at $1,518.25.
Current market events are being influenced by ambiguous macro data as Crude Oil Inventories in United States fell short of market expectations (395,000) with a reading of -1.69 million, continuing the decline from the previous figure of 1.17 million.
+1.72%: commodity traders stay bullish as NYMEX Gas adds 4.4 cents or 1.72%
Todays session shows some improvement: marginally higher but lacking a clear-cut direction, Natural Gas is trading at $2.59 per MMBtu after ranging between $2.59 and $2.6 today.
CME Cattle | Broadly flat at $200.2; session high: $200.2 session low: $191.25
CME Cattle is trading at $200.2 per pound after closing the previous day at $200.07.
Bearish the Copper future mostly flat today, trading at $4.03
Today is looking a bit better: the Copper future trades at $4.03 per pound, after ending today at $4.03.