Markets were flat today, yet Natural Gas, Feeder Cattle, Cotton showed impressive gains and made this list of top gainers.
Markets completed a mixed session today while Live Cattle closed the day at $164.4, having gained 0.89%. Heating Oil closed at $2.3, a 2.03% change.
Current market events are being influenced by ambiguous macro data as United States Producer Price Index improved upon its previous reading of -0.4% with a new data release of 0.2%.
Despite today's flat session, several commodities are managing to post notable gains. Take a look at the market's Top Gainers:
+4%: today's upbeat market sentiment sees Natural Gas gain 4%
Today's session shows improvement: Natural Gas rallied 8.8 cents (4%) deep into the session, reaching $2.28 per MMBtu.
The Feeder Cattle future | Closed +1.28% at $228.97
Feeder Cattle now trading 21.4% above its 3-month low of $153.25.
Cotton | Closed +0.93% at $80.36
Approximately 11 months ago, the Cotton future reached a significant high of $150.65 but has struggled to hold onto its gains and declined 47.15% since then.