The markets are set to close higher to end today's trading session; Corn rose 4.05% and leads the pack of top commodities
Markets are up including news that Heating Oil up to $2.55, gaining 2.91%. Crude Oil up to $71.79, gaining 1.66%.
Uptick coincides with some positive signs published earlier as data for United States Retail Sales released yesterday at 12:30 UTC is better than expected with 0.3%, but worse than previous figure of 0.4%.
Here are the biggest commodities gainers so far today.
NYMEX Gas | +3.51%; session high: $2.65 session low: $2.52
Having gone up 36.5 cents over the past 13 days, Heading in the same direction for now — US Natural Gas rallies 8.9 cents (3.51%) deep into the session, trading at $2.62 per MMBtu.
CME Corn | +4.05%; session high: $598 session low: $572.5
After closing yesterday at $574.5, CME Corn trades at $597.75 today after making its biggest single-day jump of $23.25 (4.05%) recently. The Corn future hit a significant low of $528.25 around 9 days ago, but has since recovered 8.76%.
+3.71%: CME Soybeans set for strong finish today; up 3.71% to $1,340.25 per bushel
Today's session so far looks to be heading in the same direction — tentatively higher from an earlier low of $1,289.5, CME Soybeans is up to $1,340.25 per bushel today, adding $48, or 3.71%, to yesterday's closing price of $1,292.25.